“On the problem of optimal timing of slaughtering in fish farming”

Authors: J. Lillestøl,
Affiliation: The Norwegian School of Economics and Business Administratio (NHH)
Reference: 1986, Vol 7, No 4, pp. 199-207.

Keywords: Optimization, stochastic systems, control theory, optimal stopping rules

Abstract: Various issues concerning optimal feeding and optimal slaughtering are studied, following different formulations of the problem. We discuss separate and joint modeling, ´one-step look-ahead´ and global procedures, deterministic and stochastic models. The price functions involved typically have jumps going from one weight category to the next. Special emphasis is given to two models, one with simplifying assumptions on the weight distribution, the other with a linear price approximation.

PDF PDF (882 Kb)        DOI: 10.4173/mic.1986.4.4

DOI forward links to this article:
[1] Odd Inge Forsberg (1999), doi:10.1080/13657309909380241
[2] Run Yu, PingSun Leung and Paul Bienfang (2006), doi:10.1016/j.aquaculture.2005.11.022
[3] Roger Dominguez May, Juan M. Hernandez and Ivan Velazquez Abunader (2024), doi:10.1111/raq.12918
[1] LILLESTØL, J. (1984). Some statistical problems concerning optimal management of a fish farm, SAF-Working paper no. 11/1984.in Norwegian.
[2] LILLESTØL, J. (1985). Optimal management of a fish farm: Control theoretic methods applied to problems of optimal feeding and optimal slaugthering, SAF-Working paper no. 13/1985.in Norwegian.

  title={{On the problem of optimal timing of slaughtering in fish farming}},
  author={Lillestøl, J.},
  journal={Modeling, Identification and Control},
  publisher={Norwegian Society of Automatic Control}