Jones, Philip C.; Lowe, Timothy J.; Traub, Rodney D. - In: Review of Agricultural Economics 24 (2002) 1, pp. 222-238
This paper analyzes the supply chain for hybrid seed corn in which there are two sequential production periods with random yields before demand occurs. We show that the problem of managing the supply chain can be viewed as a multiperiod optimization model that is easily solved. By examining data...