Title :
Economic Feasibility Study on the Production of Quality & Safe Food
Author :
Li Zhongdong ; Wang Haijing
Author_Institution :
Sch. of Econ., Shandong Inst. of Bus. & Technol., Yantai, China
Abstract :
This article makes a qualitative study for the influence of improving the food quality & safety on the producer´s income by building the cost function of food quality & safety. We compare the different influences of improving the food quality & safety on the production behaviors in different conditions. It can be concluded preliminarily that there is an economic feasibility for the producers to improve the level of quality & safety: first, the long-run cost of quality & safety is tending to go down, there is an increasing margin of profit; and second, the maximal profit point can be found.
Keywords :
food safety; quality management; economic feasibility; food production; food quality; food safety; maximal profit point; production behaviors; Biological system modeling; Economics; Equations; Inspection; Mathematical model; Production; Safety;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5576065