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Theory and Modern Applications

Table 13 Comparison of actual profits, optimal total profits, and optimal selling profits (×109 baht) of sugarcane harvested in each region for year 2014/15 (mcf = 0)

From: Determining optimal policies for sugarcane harvesting in Thailand using bi-objective and quasi-Newton optimization methods

Region

Type

Actual profit

Total profit (bi-objective)

Selling profit (quasi-Newton)

Total profit (quasi-Newton)

North

Fresh

−1.358

Fired

−4.255

Central

Fresh

−0.583

0.633

9.437

0.626

Fired

−2.281

0.210

18.099

0.195

East

Fresh

−0.219

Fired

−0.889

North-east

Fresh

−0.355

2.451

21.241

2.461

Fired

−1.651

2.024

30.007

2.039

  1. Note: The – means that there is no optimal solution as profit is negative.