Modelling New Zealand milk: From the farm to the factory

Melissa Welsh, Sarah Marshall and Ilan Noy

No 19496, Working Paper Series from Victoria University of Wellington, School of Economics and Finance

Abstract: Dairy products have long been an important dietary component, particularly for young children. Because of this the dairy industry is especially sensitive to contamination scares, and dairy is of particular importance to the New Zealand economy. This paper develops a Markov chain model for the early stages of the dairy supply-chain. Using the case of a major New Zealand Dairy company, simulations are run under various product-testing scenarios. Results point to the importance of where and when testing and interventions take place. Being strict about removing potentially contaminated product early on in the supply chain can reduce total losses and improve overall production output.

Keywords: Dairy; Testing; Contamination; Supply chain; Markov-chain (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ir.wgtn.ac.nz/handle/123456789/19496

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwecf:19496

Access Statistics for this paper

More papers in Working Paper Series from Victoria University of Wellington, School of Economics and Finance Alice Fong, Administrator, School of Economics and Finance, Victoria Business School, Victoria University of Wellington, PO Box 600 Wellington, New Zealand. Contact information at EDIRC.
Bibliographic data for series maintained by Library Technology Services (library-research@vuw.ac.nz).