Performance of alternative component pricing systems for pork
View/ Open
Date
1998-12Author
Brorsen, B. Wade
Akridge, Jay T.
Boland, Michael A.
Mauney, Sean
Forrest, John C.
Metadata
Show full item recordAbstract
One method of implementing value-based marketing is a component pricing system. This research develops and evaluates alternative component pricing systems for pork. Two electronic technologies for estimating carcass components (optical probe and electromagnetic scanner) were evaluated on two sets of data representing different populations. Model accuracy increased as additional components were added.
Citation
Brorsen, B. W., Akridge, J. T., Boland, M. A., Mauney, S., & Forrest, J. C. (1998). Performance of alternative component pricing systems for pork. Journal of Agricultural and Applied Economics, 30(2), 313-324. https://doi.org/10.1017/S1074070800008312