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Full-Text Articles in Business
Milk Collection Problem: Integrating The Traveling Salesman And Set Covering Problem - A Case Study In West Virginia, Usa, Md Rabiul Hasan
Milk Collection Problem: Integrating The Traveling Salesman And Set Covering Problem - A Case Study In West Virginia, Usa, Md Rabiul Hasan
Graduate Theses, Dissertations, and Problem Reports
Route determination for perishable products is complex due to its unique characteristics, such as limited shelf-life regulatory requirements, or possibility of getting damaged. This research investigates a novel problem of collecting raw milk from a rural network of dairy farms. The research problem is grounded in a real scenario of milk collection in West Virginia, USA. The milk in this scenario is produced by small farms incapable of realizing transportation economies of density out in mostly rural areas throughout the state. Maximum coverage area and milk processing overhead costs are used to identify suitable locations for intermediate milk collection centers …
Measurement Of The Effect Of Policy Changes On Volatility In Dairy Markets1, Eoin Kelly, Declan O'Connor, Michael Keane
Measurement Of The Effect Of Policy Changes On Volatility In Dairy Markets1, Eoin Kelly, Declan O'Connor, Michael Keane
Irish Business Journal
Volatility in dairy commodity markets has become a major concern for many in the dairy supply chain and is likely to remain so in the future. Changes to the Common Agricultural Policy (CAP) over the past decade have more closely aligned EU and World prices and their associated volatilities. The aim of this paper is to measure volatility at farm level in Ireland over time, identify possible reasons for the increased volatility and identify ways of reducing volatility. Statistical measures such as coefficient of variation (CV) and annualised standard deviation are used to provide measures of past volatility and its …