COTFLEX: An Expert System to Provide Marketing Advice to Producers

Thomas L. Sporleder and William Malick


 
ABSTRACT

A farm level expert system for a cotton farm, COTFLEX, has been developed and the marketing component is 'The Marketing Advisor.' This component of the system will provide advice regarding expected prices by enterprise for cropmix decisions and price risk management. The design of these COTFLEX components are described and include two primary modules: the price expectations generator and an optimal hedging portfolio selector.



Reprinted from 1987 Proceedings: Beltwide Cotton Production Research Conferences pp. 201 - 203
©National Cotton Council, Memphis TN

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Document last modified Sunday, Dec 6 1998