Sensitivity of Plant Location Solutions to Changes in Raw Product Supplies

W.O. McCarthy, D.C. Ferguson and P.A. Cassidy

Review of Marketing and Agricultural Economics, 1971, vol. 39, issue 03, 7

Abstract: A method is outlined to test the stability of a plant location solution to changes in regional production. Supplies are generated within a probabilistic framework and used as input data for the usual otherwise static model. This approach also yields additional information on the probability of actual plant throughput exceeding designed throughput. Such types of information further assist policy decisions.

Keywords: Agribusiness; Industrial Organization (search for similar items in EconPapers)
Date: 1971
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:9579

DOI: 10.22004/ag.econ.9579

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