The models forecast food consumption of the by 5 year increments from age 1 to age 85+ an aging cohort model extrapolate how eating habits could be expected to changeover this time interval. The implications of this exercise are essential to the forecasting and management of food processors. The extrapolations may provide guidance for potential changes in capital investment or entry into other markets.
Stanton, J., Wiley, J. and Charette, P. (2013), "Scenario-based extrapolation models of aging effects on America’s food consumption", Applications of Management Science (Applications of Management Science, Vol. 16), Emerald Group Publishing Limited, pp. 153-171. https://doi.org/10.1108/S0276-8976(2013)0000016012Download as .RIS
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