IDEAS home Printed from https://ideas.repec.org/a/caa/jnlage/v60y2014i12id156-2014-agricecon.html
   My bibliography  Save this article

Economic evaluation and design of control mechanisms to determine the concentration of juices

Author

Listed:
  • Jan Hron

    (Department of Management, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic)

  • Tomas Macak

    (Department of Management, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic)

Abstract

There is a significant attention paid to food analysis in the context of authenticity monitoring in the food industry. Although this has focussed increasingly on food safety and authenticity, the agro-food sector has also instituted requirements for the product identification, differentiation and historical monitoring. For the design and evaluation of the control mechanism, here is used the common approach for the design of experiments (DOE), specifically the "full factorial" design. The uniqueness of the solution lays in a geometric interpretation of the large variability the impedance, due to the samples provided by different producers. The presented solution consisted of the linearization variable zone by the Taylor polynomial. In the next step, there was conducted fuzzification of the electric impedance to determine the mechanism for identifying of juice concentrations.

Suggested Citation

  • Jan Hron & Tomas Macak, 2014. "Economic evaluation and design of control mechanisms to determine the concentration of juices," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 60(12), pages 539-545.
    • Handle: RePEc:caa:jnlage:v:60:y:2014:i:12:id:156-2014-agricecon
    DOI: 10.17221/156/2014-AGRICECON
    as

    Download full text from publisher

    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/156/2014-AGRICECON.html
    Download Restriction: free of charge
    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/156/2014-AGRICECON.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.17221/156/2014-AGRICECON?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Weber, Thomas A., 2014. "On the (non-)equivalence of IRR and NPV," Journal of Mathematical Economics, Elsevier, vol. 52(C), pages 25-39.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Putna, Ondřej & Janošťák, František & Šomplák, Radovan & Pavlas, Martin, 2018. "Demand modelling in district heating systems within the conceptual design of a waste-to-energy plant," Energy, Elsevier, vol. 163(C), pages 1125-1139.
    2. Annalisa De Boni & Antonia D’Amico & Claudio Acciani & Rocco Roma, 2022. "Crop Diversification and Resilience of Drought-Resistant Species in Semi-Arid Areas: An Economic and Environmental Analysis," Sustainability, MDPI, vol. 14(15), pages 1-15, August.
    3. Magni, Carlo Alberto, 2016. "Capital depreciation and the underdetermination of rate of return: A unifying perspective," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 54-79.
    4. Alexandr V. Zhevnyak, . "Reference," NEW CONCEPT OF RETURN ON BORROWED AND INVESTMENT PROJECTS,, Socionet.
    5. Sokolov, Mikhail V., 2024. "NPV, IRR, PI, PP, and DPP: A unified view," Journal of Mathematical Economics, Elsevier, vol. 114(C).
    6. Kannapiran C. Arjunan, 2019. "Non‐monotonic NPV Function Leads to Spurious NPVs and Multiple IRR Problems: A New Method that Resolves these Problems," Economic Papers, The Economic Society of Australia, vol. 38(1), pages 56-69, March.
    7. Welkenhuysen, Kris & Rupert, Jort & Compernolle, Tine & Ramirez, Andrea & Swennen, Rudy & Piessens, Kris, 2017. "Considering economic and geological uncertainty in the simulation of realistic investment decisions for CO2-EOR projects in the North Sea," Applied Energy, Elsevier, vol. 185(P1), pages 745-761.
    8. Thomas A. Weber, 2017. "Optimal switching between cash-flow streams," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 86(3), pages 567-600, December.
    9. Źróbek-Różańska Alina, 2016. "Compensation in Residential Real Estate Purchasers’ Decisions," Real Estate Management and Valuation, Sciendo, vol. 24(4), pages 70-78, December.
    10. José María Codosero Rodas & José Cabezas Fernández & José Manuel Naranjo Gómez & Rui Alexandre Castanho, 2019. "Risk Premium Assessment for the Sustainable Valuation of Urban Development Land: Evidence from Spain," Sustainability, MDPI, vol. 11(15), pages 1-21, August.
    11. Li, Junjie & Zhang, Yueling & Yang, Yanli & Zhang, Xiaomei & Zheng, Yonghong & Qian, Qi & Tian, Yajun & Xie, Kechang, 2022. "Comparative resource-environment-economy assessment of coal- and oil-based aromatics production," Resources Policy, Elsevier, vol. 77(C).
    12. Andor, Gyorgy & Mohanty, Sunil K. & Toth, Tamas, 2015. "Capital budgeting practices: A survey of Central and Eastern European firms," Emerging Markets Review, Elsevier, vol. 23(C), pages 148-172.
    13. Woo-Hyeon Kwon & So-Won Choi & Eul-Bum Lee, 2024. "Development of Cycloid-Shaped Roll Charging Chute for Sintering Process for Energy Decarbonization and Productivity Improvement in Steel Plants," Energies, MDPI, vol. 17(7), pages 1-34, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:caa:jnlage:v:60:y:2014:i:12:id:156-2014-agricecon. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivo Andrle (email available below). General contact details of provider: https://www.cazv.cz/en/home/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.