IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/119883.html
   My bibliography  Save this paper

Scheduling vegetable sales to supermarkets in Europe: The tomato case

Author

Listed:
  • Pérez-Mesa, Juan Carlos
  • Pérez-Mesa, Fº Javier
  • Tapia-León, Juan José
  • Valera-Martínez, Diego

Abstract

This article analyzes the temporal programming of sales for a horticultural marketing company, e.g., a cooperative. The empirical study references the European tomato market, where most of the production is sold through the retail channel dominated by large distribution chains. We study the marketing schedule for an individual company, or even a prominent farmer, using a modified Markowitz model, assuming that his decisions do not affect the balance of market prices. As a result, this model can manage risk and improve decision-making. The data also provide information on the risk borne by marketers depending on their sales calendar, which often depends on their geographic location.

Suggested Citation

  • Pérez-Mesa, Juan Carlos & Pérez-Mesa, Fº Javier & Tapia-León, Juan José & Valera-Martínez, Diego, 2022. "Scheduling vegetable sales to supermarkets in Europe: The tomato case," MPRA Paper 119883, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:119883
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/119883/1/MPRA_paper_119883.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Komarek, Adam M. & De Pinto, Alessandro & Smith, Vincent H., 2020. "A review of types of risks in agriculture: What we know and what we need to know," Agricultural Systems, Elsevier, vol. 178(C).
    2. Sulewski, Piotr & Kłoczko-Gajewska, Anna, 2014. "Farmers’ risk perception, risk aversion and strategies to cope with production risk: an empirical study from Poland," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 116(3), pages 1-8, December.
    3. Solano, C. & Leon, H. & Perez, E. & Herrero, M., 2001. "Characterising objective profiles of Costa Rican dairy farmers," Agricultural Systems, Elsevier, vol. 67(3), pages 153-179, March.
    4. David K. Lambert & Bruce A. McCarl, 1985. "Risk Modeling Using Direct Solution of Nonlinear Approximations of the Utility Function," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(4), pages 846-852.
    5. Amer Ait Sidhoum & Teresa Serra, 2016. "Volatility Spillovers in the Spanish Food Marketing Chain: The Case of Tomato," Agribusiness, John Wiley & Sons, Ltd., vol. 32(1), pages 45-63, January.
    6. Dejan Živkov & Suzana Balaban & Marijana Joksimović, 2022. "Making a Markowitz portfolio with agricultural commodity futures," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 68(6), pages 219-229.
    7. Jos Bijman & Markus Hanisch & Ger Sangen, 2014. "Shifting Control? The Change of Internal Governance in Agricultural Cooperatives in the EU," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(4), pages 641-661, December.
    8. Michael R. Langemeier & Xiaoyi Fang & Michael O’Donnell, 2020. "Comparison of Long-Run Net Returns of Conventional and Organic Crop Rotations," Sustainability, MDPI, vol. 12(19), pages 1-7, September.
    9. José A. Gómez‐Limón & Laura Riesgo & Manuel Arriaza, 2004. "Multi‐Criteria Analysis of Input Use in Agriculture," Journal of Agricultural Economics, Wiley Blackwell, vol. 55(3), pages 541-564, November.
    10. Yann Duval & Allen M. Featherstone, 2002. "Interactivity and Soft Computing in Portfolio Management: Should Farmers Own Food and Agribusiness Stocks?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 120-133.
    11. Pérez-Mesa, Juan Carlos & Sanchez-Fernández, Raquel & Serrano-Arcos, Mar, 2019. "Measuring the impact of crises in the horticultural sector: The case of Spain," MPRA Paper 119854, University Library of Munich, Germany.
    12. Bo Zhang & Jin Peng & Shengguo Li, 2015. "Uncertain programming models for portfolio selection with uncertain returns," International Journal of Systems Science, Taylor & Francis Journals, vol. 46(14), pages 2510-2519, October.
    13. Thi Tam Duong & Tom Brewer & Jo Luck & Kerstin Zander, 2019. "A Global Review of Farmers’ Perceptions of Agricultural Risks and Risk Management Strategies," Agriculture, MDPI, vol. 9(1), pages 1-16, January.
    14. Gomez-Limon, Jose A. & Arriaza, Manuel & Riesgo, Laura, 2003. "An MCDM analysis of agricultural risk aversion," European Journal of Operational Research, Elsevier, vol. 151(3), pages 569-585, December.
    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. Juan Carlos Pérez-Mesa & Francisco Javier Pérez-Mesa & Juan José Tapia-León & Diego Luis Valera, 2022. "Scheduling vegetable sales to supermarkets in Europe: The tomato case," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 68(11), pages 403-412.
    2. Perez-Mesa, Juan Carlos & Galdeano-Gomez, Emilio & Aznar-Sanchez, Jose A., 2011. "Management System for Harvest Scheduling: The Case of Horticultural Production in Southeast Spain," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(4), pages 1-20, November.
    3. Riesgo, Laura & Gómez-Limón, José A., 2005. "Multi-Criteria Policy Scenarios Analysis for Public Management of Irrigated Agriculture," 89th Seminar, February 2-5, 2005, Parma, Italy 239276, European Association of Agricultural Economists.
    4. Riesgo, Laura & Gomez-Limon, Jose A., 2006. "Multi-criteria policy scenario analysis for public regulation of irrigated agriculture," Agricultural Systems, Elsevier, vol. 91(1-2), pages 1-28, November.
    5. Stelios Rozakis & Alexandra Sintori & Konstantinos Tsiboukas, 2009. "Utility-derived Supply Function of Sheep Milk: The Case of Etoloakarnania, Greece," Working Papers 2009-11, Agricultural University of Athens, Department Of Agricultural Economics.
    6. Berkhout, E.D. & Schipper, R.A. & Van Keulen, H. & Coulibaly, O., 2011. "Heterogeneity in farmers' production decisions and its impact on soil nutrient use: Results and implications from northern Nigeria," Agricultural Systems, Elsevier, vol. 104(1), pages 63-74, January.
    7. Gomez-Limon, Jose Antonio & Berbel, Julio & Arriaza Balmón, Manuel, 2005. "MCDM Farm System Analysis for Public Management of Irrigated Agriculture," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24676, European Association of Agricultural Economists.
    8. Rozakis, Stelios & Sintori, Alexandra & Tsiboukas, Konstantinos, 2012. "Estimating utility functions of Greek dairy sheep farmers: A multicriteria mathematical programming approach," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 13(1), pages 1-10.
    9. Francisco J. André & Inés Herrero & Laura Riesgo, 2007. "Using a modified DEA model to estimate the importance of objectives. An application to agricultural economics," Working Papers 07.09, Universidad Pablo de Olavide, Department of Economics.
    10. Priti Khatri & Prashant Kumar & Kaushlesh Singh Shakya & Marios C. Kirlas & Kamal Kant Tiwari, 2024. "Understanding the intertwined nature of rising multiple risks in modern agriculture and food system," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(9), pages 24107-24150, September.
    11. Jamleck Osiemo & Ruerd Ruben & Evan Girvetz, 2021. "Farmer Perceptions of Agricultural Risks; Which Risk Attributes Matter Most for Men and Women," Sustainability, MDPI, vol. 13(23), pages 1-26, November.
    12. Andre, Francisco J. & Riesgo, Laura, 2007. "A non-interactive elicitation method for non-linear multiattribute utility functions: Theory and application to agricultural economics," European Journal of Operational Research, Elsevier, vol. 181(2), pages 793-807, September.
    13. Francisco J. André & Laura Riesgo, 2006. "A Duality Procedure to Elicit Nonlinear Multiattribute Utility Functions," Working Papers 06.02, Universidad Pablo de Olavide, Department of Economics.
    14. Claya, Pablo Mac & Accursia, Federico M. & Harmath, Pedro, 2022. "Surviving as an Argentine Farmer: Factors that Influence Risk Management Strategies," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 13(04), December.
    15. André, Francisco J. & Herrero, Inés & Riesgo, Laura, 2010. "A modified DEA model to estimate the importance of objectives with an application to agricultural economics," Omega, Elsevier, vol. 38(5), pages 371-382, October.
    16. Mastenbroek, Astrid & Gumucio, Tatiana & Nakanwagi, Josephine, 2024. "Gender, agricultural risk perceptions, and maize seed systems: A case study of drought-tolerant maize varieties in Uganda," Agricultural Systems, Elsevier, vol. 217(C).
    17. Giuseppe Timpanaro & Gaetano Chinnici & Roberta Selvaggi & Giulio Cascone & Vera Teresa Foti & Alessandro Scuderi, 2023. "Farmer?s adoption of agricultural insurance for Mediterranean crops as an innovative behavior," Economia agro-alimentare, FrancoAngeli Editore, vol. 25(2), pages 155-188.
    18. Soriano, Bárbara & Garrido, Alberto & Bertolozzi-Caredio, Daniele & Accatino, Francesco & Antonioli, Federico & Krupin, Vitaliy & Meuwissen, Miranda P.M. & Ollendorf, Franziska & Rommel, Jens & Spiege, 2023. "Actors and their roles for improving resilience of farming systems in Europe," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 98, pages 134-146.
    19. Murrja Arif & Ndreca Pjetër & Maloku Sadik & Meço Maksim, 2023. "Analysis of Production Risk in Intensive Chicken Farms – The Case of Kosovo," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 294-310, December.
    20. Francisco J. André & Inés Herrero & Laura Riesgo, 2004. "Using DEA to estimate the importance of objectives for decision makers," Economic Working Papers at Centro de Estudios Andaluces E2004/50, Centro de Estudios Andaluces.

    More about this item

    Keywords

    cooperative; optimization; coordination mathematical programming; marketing;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:pra:mprapa:119883. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.