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A mixed integer, goal programming model designed to aid in management of a meat packing plant is presented along with empirical applications demonstrating its use. Data collection, model conceptualization, model|data development, model refinement, and model use phases are discussed. The...
Persistent link: https://www.econbiz.de/10008569869
The effect of output price risk on soybean crushing margins is determined. The results show crushing margins increase as risk increases indicating soybean processors are risk averse. Thus, soybean processors with better risk management strategies may have a competitive advantage. Policy...
Persistent link: https://www.econbiz.de/10008570597
Canada and Japan import about three-fourths of US onion exports. Imports demands are specified for Canada and Japan and then estimated by joint generalized least squares. Results show FOB onion price in the United States and the price of domestically produced onions in the importing country have...
Persistent link: https://www.econbiz.de/10008569829
The administration and operation of the Panama Canal was transferred to the Republic of Panama on December 31, 1999. Shipping and agricultural interests indicate new Canal management may increase tolls in an effort to maximize revenues, and some fear mismanagement may eventually result in Canal...
Persistent link: https://www.econbiz.de/10008569889