Optimizing pig marketing decisions under price fluctuations

DOI10.1007/s10479-020-03646-0zbMath1496.90107OpenAlexW3036846287MaRDI QIDQ2159547

Reza Pourmoayed, Lars Relund Nielsen

Publication date: 1 August 2022

Published in: Annals of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10479-020-03646-0

zbMATH Keywords

Markov decision processprice fluctuationsBayesian updatingherd managementpig production

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Markov and semi-Markov decision processes (90C40)

Uses Software

• R
• MCQueue
• GitHub

Cites Work

• A hierarchical Markov decision process modeling feeding and marketing decisions of growing pigs
• An integer programming model for optimal pork marketing
• Embedding a state space model into a Markov decision process
• Bayesian forecasting and dynamic models.
• Multi-level hierarchic Markov processes as a framework for herd management support
• Finding the \(K\) best policies in a finite-horizon Markov decision process
• Recovery of inter-block information when block sizes are unequal
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