IDEAS home Printed from https://ideas.repec.org/a/ags/agreko/245983.html
   My bibliography  Save this article

Decision Tree Modelling To Support Investment Decisions On Flower Production For The Northern Hemisphere

Author

Listed:
  • van Haaster, F.
  • Kleynhans, T.E.

Abstract

The aim of this research was to develop a generic decision tree model that captures and integrates in a logical and orderly manner the impacts of production and marketing activities that determine the profitability of flower production for export. The model has to indicate options necessitating choices between alternative production and marketing activities and has to show the impact of a particular choice on the profitability of the total operation. The model should be easily adaptable to evaluate the suitability of various flowers for export. The model was applied to describe the income and cost determinants and relevant choices with regard to the production of Protea Magnifica (Queen Protea) in the Western Cape to be sold on Dutch flower auctions.

Suggested Citation

  • van Haaster, F. & Kleynhans, T.E., 2002. "Decision Tree Modelling To Support Investment Decisions On Flower Production For The Northern Hemisphere," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 41(1).
    • Handle: RePEc:ags:agreko:245983
    DOI: 10.22004/ag.econ.245983
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/245983/files/41_1Van%20Haaster%20%20Kleynhans.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.245983?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
    ---><---

    References listed on IDEAS

    as
    1. Spencer Henson & James Northen, 1998. "Economic determinants of food safety controls in supply of retailer own-branded products in United Kingdom," Agribusiness, John Wiley & Sons, Ltd., vol. 14(2), pages 113-126.
    2. Julie Kennett & Murray Fulton & Harvey Brooks & Pauline Molder, 1998. "Supply Chain Management in Cereal Grains: A Case Study from the U.S. Milling Wheat Industry," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 46(4), pages 549-558, December.
    3. Allerts, S. & Kleynhans, Theo E. & Vink, Nick, 1998. "Fynbos Exports From The Western Cape Province: A Problem Of Logistics," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 37(4), pages 1-9, December.
    4. Michael, Kristi & Withers, Russ, 1998. "Adopting Precision Agriculture: A Decision Making Process," A.E. Research Series 305157, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    5. Hooker, Neal H. & Nayga, Rodolfo M., Jr. & Siebert, John W., 1999. "Assessing The Economics Of Food Safety Activities: Studies Of Beef Slaughter And Meat Processing," Faculty Paper Series 24003, Texas A&M University, Department of Agricultural Economics.
    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. Levidow, L. & Bijman, J., 2002. "Farm inputs under pressure from the European food industry," Food Policy, Elsevier, vol. 27(1), pages 31-45, February.
    2. E. Rouvière & K. Latouche, 2014. "Impact of liability rules on modes of coordination for food safety in supply chains," European Journal of Law and Economics, Springer, vol. 37(1), pages 111-130, February.
    3. Anders, Sven M. & Souza Monteiro, Diogo M. & Rouviere, Elodie, 2007. "Objectiveness in the Market for Third-Party Certification: Does market structure matter?," 105th Seminar, March 8-10, 2007, Bologna, Italy 7894, European Association of Agricultural Economists.
    4. Jayasinghe-Mudalige, Udith K. & Henson, Spencer J., 2004. "Quantifying The Impact Of Economic Incentives On Firms' Food Safety Responsiveness: The Case Of Red Meat And Poultry Processing Sector In Canada," 2004 Annual meeting, August 1-4, Denver, CO 20419, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Jin, Hyun Joung & Sun, Changyou & Koo, Won W., 2003. "The Effect Of Food-Safety Related Information On Consumer Preference: The Case Of The Bse Outbreak In Japan," Agribusiness & Applied Economics Report 23636, North Dakota State University, Department of Agribusiness and Applied Economics.
    6. Eric Giraud-Héraud & Cristina Grazia & Abdelhakim Hammoudi, 2012. "Explaining the Emergence of Private Standards in Food Supply Chains," Working Papers hal-00749345, HAL.
    7. Udith Krishantha Jayasinghe-Mudalige & Spencer Henson, 2006. "Economic Incentives for Firms to Implement Enhanced Food Safety Controls: Case of the Canadian Red Meat and Poultry Processing Sector," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(4), pages 494-514.
    8. Li, Kai & Zhou, Jie-hong & Liang, Qiao & Huang, Zuhui, 2015. "Food safety controls and governance structure varieties in China's vegetable and fruit sector," 2015 Conference, August 9-14, 2015, Milan, Italy 212046, International Association of Agricultural Economists.
    9. Zhou, Jiehong & Jin, Shaosheng, 2009. "Adoption of Food Safety and Quality Standards by China’s Agricultural Cooperatives: A Way out of Monitoring Production Practices of Numerous Small-scale Farmers ?," 2009 Conference, August 16-22, 2009, Beijing, China 50293, International Association of Agricultural Economists.
    10. Michael Ollinger & Danna L. Moore, 2008. "The Economic Forces Driving Food Safety Quality in Meat and Poultry," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(2), pages 289-310.
    11. Benoît Desmarchelier & Eddy S. Fang, 2016. "Social Media and the Diffusion of Information: A Computational Experiment on the Emergence of Food Scares," Kyklos, Wiley Blackwell, vol. 69(4), pages 559-583, November.
    12. Mainville, Denise Y. & Zylbersztajn, Decio & Farina, Elizabeth M.M.Q. & Reardon, Thomas, 2005. "Determinants of retailers' decisions to use public or private grades and standards: Evidence from the fresh produce market of Sao Paulo, Brazil," Food Policy, Elsevier, vol. 30(3), pages 334-353, June.
    13. Wolfram Schlenker & Sofia B. Villas-Boas, 2009. "Consumer and Market Responses to Mad Cow Disease," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(4), pages 1140-1152.
    14. Manning, Louise & Soon, Jan Mei, 2014. "Developing systems to control food adulteration," Food Policy, Elsevier, vol. 49(P1), pages 23-32.
    15. Elena Fagotto, 2014. "Private roles in food safety provision: the law and economics of private food safety," European Journal of Law and Economics, Springer, vol. 37(1), pages 83-109, February.
    16. Adriaen, D. & Kleynhans, Theo E. & Tollens, Eric, 2004. "A comparison between South African agricultural exports to the European union and those of other selected southern hemisphere countries," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 43(2), pages 1-18, June.
    17. Noelke, Corinna M. & Caswell, Julie A., 2000. "A Model Of The Implementation Of Quality Management Systems For Credence Attributes," 2000 Annual meeting, July 30-August 2, Tampa, FL 21874, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Alia, Didier Y. & Zheng, Yuqing & Kusunose, Yoko & Reed, Michael R., 2017. "Trade effects of food regulations and standards: Assessing the impact of SPS measures on market structure," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258368, Agricultural and Applied Economics Association.
    19. Michael Ollinger & Danna Moore, 2009. "The Direct and Indirect Costs of Food-Safety Regulation," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(2), pages 247-265.
    20. Resende-Filho, Moises & Buhr, Brian, 2007. "Economics of traceability for mitigation of food recall costs," MPRA Paper 3650, University Library of Munich, Germany.

    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:ags:agreko:245983. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aeasaea.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.