scholarly journals Evaluating the effect of price and non-price policy intervention on rice cultivation in Sierra Leone: A supply response model approach

2014 ◽  
Vol 05 (01) ◽  
pp. 51-59
Author(s):  
Alhaji Mohamed Hamza Conteh ◽  
Xiangbin Yan
Author(s):  
Kwok-Leung Tsui

Robust Design is an important method for improving product quality, manufacturability, and reliability at low cost. Most research in robust design has been focused on problems with static responses. This paper deals with the robust design problems with dynamic responses. The objective of the paper is to investigate and compare three modeling approaches: the loss model, the response function model, and the response model approaches. Taguchi16 proposes the loss model approach which models the loss measures as functions of the control factor effects. Miller and Wu10 propose the response function model approach which models the loss measures as functions of the effects of both control and noise factors. Tsui18 proposes the response model approach which directly models the response as a function of the effects of control, noise, and signal factors. In this paper, we identify and derive the relationships between the effect estimates of the three approaches and show that the loss model approach creates unnecessary biases for the factorial effect estimates and may lead to non-optimal solutions. The three modeling approaches are compared in a real example.


2013 ◽  
Vol 77 (9) ◽  
pp. 1469-1473
Author(s):  
Gertrude H. Priester ◽  
Wendy J. Post ◽  
Sieneke M. Goorhuis-Brouwer

2008 ◽  
Vol 40 (3) ◽  
pp. 295-302
Author(s):  
Murali Adhikari ◽  
Krishna P. Paudel ◽  
Jack Houston ◽  
James Bukenya

1987 ◽  
Vol 19 (1) ◽  
pp. 111-118 ◽  
Author(s):  
James L. Seale ◽  
J. S. Shonkwiler

AbstractRisk has long been recognized as potentially important in determining agricultural supply. However, supply response models have either incorporated risk in an ad hoc manner or not at all. A rational expectations supply response model incorporating price risk is developed, an estimation procedure suggested, and an empirical example presented.


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