APPLICATION OF A STOCHASTIC DISTRIBUTED DELAY SIMULATION-MODEL TO FINANCIAL ANALYSIS OF RESPIRATORY-DISEASE IN MICHIGAN DAIRY-CATTLE

Citation
Hs. Hurd et al., APPLICATION OF A STOCHASTIC DISTRIBUTED DELAY SIMULATION-MODEL TO FINANCIAL ANALYSIS OF RESPIRATORY-DISEASE IN MICHIGAN DAIRY-CATTLE, Preventive veterinary medicine, 24(2), 1995, pp. 117-128
Citations number
15
Categorie Soggetti
Veterinary Sciences
ISSN journal
01675877
Volume
24
Issue
2
Year of publication
1995
Pages
117 - 128
Database
ISI
SICI code
0167-5877(1995)24:2<117:AOASDD>2.0.ZU;2-E
Abstract
A stochastic, distributed delay simulation model was developed to cond uct economic analysis of respiratory disease in Michigan dairy cattle. This economic analysis employed non-traditional methods for estimatio n of the cost of disease, These include (1) a stochastic distributed d elay simulation model, (2) inclusion of the reduction in feed costs du e to disease, (3) measurement of the effect of risk factors on disease costs, and (4) incorporation of disease data from a randomly sampled, prospectively-monitored population of herds. This approach resulted i n an increase in the estimated cost of respiratory disease to $4604 yr (-1) from $1490 yr(-1) (as previously reported in the same herds) by c onsidering the effects of disease on growth, milk production, lost gen etic potential, and replacement costs. It is hoped that this model or some of these modelling approaches may be useful to others attempting to estimate the cost of disease and the effect of intervention strateg ies.