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- Author or Editor: E. Maloupa x
- HortScience x
The financial effectiveness of the soilless culture system (SCS) of gerbera (Gerbera jamesonii Bol. ex Adlam.) production was compared with that of the soil culture system in heated greenhouses in northern Greece. Evaluation was based on budgeting procedures that assumed a project life of 9 years. The decision to accept or to reject the investment was based on the following criteria: 1) net present value analysis (U.S. $18,414), 2) benefit/cost ratio, and 3) risk exposure ratio. The soilless culture system, particularly the plastic bag system using perlite media, was more profitable. Application of sensitivity analysis illustrated the significance of product price and discount rate in determining the accrued benefits.
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HortScience