OPTIMIZING THE RETURN FROM A JOJOBA PLANTATION UNDER SCARCE DATA CONDITIONS

ABSTRACT: There is a serious shortage of yield data for Jojoba (SIMMONDSIA CHINENSIS) from mature and cultivated plantations of ten years or older. Thus, the optimal quantities of water and fertilizers that are needed annually by a Jojoba plantation to achieve maximum profits were estimated from existing plantations. A computer model (IMSL subroutine ZXMWD) was used to determine a Mitscherlich yield function. An economic profit model that incorporates the yield function was then designed to maximize the profits. According to the net present value (NPV) criterion, the maximum yearly net profit is about $7800 per ha, which is achieved during the 11th growth year. The computed cumulative NPV is approximately $21,000 per ha for the entire 15‐year period. Similar profits were calculated when the model was tested to examine the NPV using different assumptions with respect to varying costs.