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Economic Evaluation Of Alternative Rough Rice Marketing And Storage Strategies, April Street
Economic Evaluation Of Alternative Rough Rice Marketing And Storage Strategies, April Street
LSU Master's Theses
The alternative rough rice marketing and storage strategies were evaluated using three methods of analysis. The methods used in this study were MOTAD, simulation, and stochastic dominance. Historical rough rice prices from 1980/81 - 2000/01 was used and tested for trends and seasonality in order for the methods to be formed properly. SAS was used to verify that the data used in this study did not follow any time trend or reflect seasonality. MOTAD, simulation, and stochastic dominance were used to determine the most efficient marketing and storage strategy that will enable rice farmers to make the best decisions and …