RESEARCH REPORTS: THE ECONOMIC FEASIBILITY OF A NEW JERSEY FRESH TOMATO PACKING FACILITY: A STOCHASTIC SIMULATION APPROACH

This study evaluates the economic feasibility of establishing a packing house for the New Jersey Tomato Council Cooperative Association. Several scenarios were evaluated using a comprehensive firm-level, dynamic, stochastic, multiple-year, capital-budgeting computer model. Results indicate that the packing house would have difficulty sustaining itself if it packed tomatoes only during the three months a year that local tomatoes are produced. Economic performance of the packing house improved, however, when additional tomatoes were repacked from another supplier during the months that tomatoes are not produced in New Jersey.


Subject(s):
Issue Date:
1995-02
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/26657
Published in:
Journal of Food Distribution Research, Volume 26, Number 1
Page range:
2-8
Total Pages:
7




 Record created 2017-04-01, last modified 2017-04-04

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