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This article calculates the economic efficiency of an experimental shredder. A standard methodology for determining the effectiveness of innovations in agricultural machinery and mechanized technologies was used to calculate economic efficiency. According to this methodology, annual economic efficiency is determined based on the estimated production costs for both options. Taking into account the preparation of feed pellets and other grain crops before feeding according to the needs of young cattle and poultry, the calculation was performed for a farm with 10,000 broilers. Annual economic efficiency is determined by the difference between the production costs of the base and new options. 

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Mekhman. Rzayev

Sumgait Chemical-Industrial Park

  doctor of agrarian sciences  

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Arastun. Jalilov

  Doctor of Philosophy in Economics  

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Yegane. Abbasova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Ramil. Aliyev

Ph.D. student of the Agricultural Research Center

   

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Manzar. Nasibova

Senior researcher

   

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Gamar. Ibrahimova

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Lala. Jabbarlı

Ph.D. student of the Agricultural Economics Research Center

   

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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Arshad. Yashar

Head of land identification and geographical data sector of the Land use Control Department of the Ministry of Agriculture of the Republic of Azerbaijan

   

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Idris. Hojatov

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  junior researcher  

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Aydin. Asgarov

Institute of Genetic Resources of ANAS

   

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Natig. Mirzayev

Lankaran State University

   

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Turana. Mustafayeva

Ph.D. student of Western Caspian University

   

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Irada. Huseynova

Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS

  academician