Determining optimal replanting rate in palm oil industry, Malaysia: a system dynamics approach optimal policy search in oil palm plantation feedback loops using system dynamics optimisation

• Main Authors: Mohd Faeid, Mohd Zabid, Zainal Abidin, Norhaslinda, Applanaidu, Shri Dewi
• Format: Article
• Published: Inderscience Enterprises Ltd 2020
• Subjects: HC Economic History and Conditions
• Online Access: http://repo.uum.edu.my/27500/; http://doi.org/10.1504/IJIDS.2020.106728
• Institution: Universiti Utara Malaysia

One of the important factors that contribute to the stagnant growth of Malaysia's crude palm oil production is the accumulation of ageing oil palm plantation area. Given the scarcity of new plantation area in Malaysia, it is very important that an optimal replanting rate has to be determined to...