An approximate dynamic programming approach for sequential pig marketing decisions at herd level

Reza Pourmoayed and Lars Relund Nielsen

European Journal of Operational Research, 2019, vol. 276, issue 3, 1056-1070

Abstract: One of the most important operations in the production of growing/finishing pigs is the marketing of pigs for slaughter. While pork production can be managed at different levels (animal, pen, section, or herd), it is beneficial to consider the herd level when determining the optimal marketing policy due to inter-dependencies, such as those created by fixed transportation costs and cross-level constraints.

Keywords: OR in agriculture; Approximate dynamic programming; Markov decision process; Herd management; Stochastic dynamic programming (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:276:y:2019:i:3:p:1056-1070

DOI: 10.1016/j.ejor.2019.01.050

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