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Article
Publication date: 5 September 2009

Ahmet Şahin, İbrahim Yıldırım and Bülent Miran

The major aim of study was to determine the chicken meat producer's optimal selling times.

1163

Abstract

Purpose

The major aim of study was to determine the chicken meat producer's optimal selling times.

Design/methodology/approach

The method used for this purpose was Wald, Benefit and Regret criterions of Game Theory. The transformed Wald, Benefit and Regret linear programming models were solved to find the optimal solution. The data consisted of monthly chicken meat prices received by producers between 2000‐2007, which were obtained from the Poultry Meat Producers and Breeders Association.

Findings

The optimal solutions of Wald and Benefit criteria showed that June was the best selling month for chicken meat producers in Turkey. August was found to be the optimal selling month according to the Minimum regret criterion. In light of the Maximum criterion it was concluded that the producers would be at highest regret positions with 98.28 percent in event of selling in November.

Originality/value

The results found in this study could be an indicator for individual chicken producers for a more competitive bargaining power when they make a contract with chicken meat production and marketing firms.

Details

British Food Journal, vol. 111 no. 9
Type: Research Article
ISSN: 0007-070X

Keywords

Content available
Article
Publication date: 13 March 2017

Ahmet Bulent Ozturk

562

Abstract

Details

Journal of Hospitality and Tourism Technology, vol. 8 no. 1
Type: Research Article
ISSN: 1757-9880

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