BUFFER STOCK MODEL FOR STABILIZING PRICE WITH CONSIDERING THE EXPECTATION STAKEHOLDERS IN THE STAPLE-FOOD DISTRIBUTION SYSTEM

Sutopo, Wahyudi and Bahagia, Senator Nur and Cakravastia, Andi and Samadhi, TMA. Ari (2013) BUFFER STOCK MODEL FOR STABILIZING PRICE WITH CONSIDERING THE EXPECTATION STAKEHOLDERS IN THE STAPLE-FOOD DISTRIBUTION SYSTEM. The 20th National Conference of Australian Society for Operations Research & the 5th International Intelligent Logistics System Conference .

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    Abstract

    The extremely different supplies between the harvest season and the planting season are one of serious problem in the staple-food distribution system. In free-market mechanism, this extreme difference will trigger price-volatility and shortage of staple-food. This situation causes opportunity-losses for the stakeholders (producer, consumer, agent and government) in the staple-food distribution system. The government has got incurred losses because the government cannot achieve food-security for the households. The government has several price stabilization policies; one of them is market intervention policy by using buffer stock schemes to stabilize price and to reduce losses for the stakeholders. The objective of this research is to determine the buffer stock schemes required for market-intervention program. In the previous researches, the buffer stock models have been developed separately based on optimization and econometrics methods. Optimizations methods have been used to determine the level of availability with schemes consist of time and quantity of buffer stock. Econometrics methods have been used to determine the equilibrium price by using the selling-price and the amount of buffer stock. In this research, the integration of optimization model (multi-objectives programming) and econometrics model are used to develop a buffer stock model with the decision variables that consist of quantity, time, and price. Key Words: Buffer Stock Model, Market-Intervention, Price-Stabilization

    Item Type: Article
    Subjects: T Technology > T Technology (General)
    Divisions: Fakultas Teknik > Teknik Kimia
    Depositing User: mr azis r
    Date Deposited: 20 May 2013 22:11
    Last Modified: 11 Oct 2016 14:53
    URI: https://eprints.uns.ac.id/id/eprint/752

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