Sorting and Blending Under Quality Uncertainty: Application to Wheat Protein

Quality uncertainty is of considerable interest to the grain industry. In this paper, uncertainty is incorporated in a model of grain blending decisions. A mixed-integer, nonlinear optimization problem is developed. Simulations illustrate the effect of crop quality on blending decisions, and the effect of blending activities on the distribution of protein within a wheat marketing channel.

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Year of publication:	2005
Authors:	Johnson, D. Demcey
Institutions:	Western Agricultural Economics Association - WAEA
Subject:	Industrial Organization \| Marketing \| Risk and Uncertainty

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Extent:	application/pdf
Series:	2005 Annual Meeting, July 6-8, 2005, San Francisco, California.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2005 Annual Meeting, July 6-8, 2005, San Francisco, California Number 36316
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005806037