The Integrated Management of Food Processing Waste: The Use of the Full Cost Method for Planning and Pricing Mediterranean Citrus By-Products

Daniele Vergamini, David Cuming and Davide Viaggi

International Food and Agribusiness Management Review, 2015, vol. 18, issue 2, 20

Abstract: This paper provides a methodology for the computation of the full cost of several citrus by-products and attempts to analyze, through a simulation model, the decision making process of a citrus firm seeking to upgrade citrus waste (CW) to several by-products. The results show the importance of using the full cost in the management of resources. Economic sustainability can be achieved by an increase in production efficiency, improving existing technologies and the ability to reuse waste. Yet a large amount of investment is still required, which only large firms can support, at least in the short-term.

Keywords: Agribusiness; Crop Production/Industries; Demand and Price Analysis; Environmental Economics and Policy; Production Economics; Productivity Analysis; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Working Paper: The integrated management of food processing waste: the use of full-cost method for planning and pricing Mediterranean citrus by-products (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifaamr:204141

DOI: 10.22004/ag.econ.204141

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