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Procurement, Production and Marketing at Supply-Driven Milk and Milk Products Cooperative

  • Omkar D. Palsule-DesaiEmail author
  • Katta G. Murty
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 212)

Abstract

In this chapter, we formulate and solve a math-programming model for Milk and Milk Products Cooperative (MMPC) – a cooperative organization with its shareholders as milk producing member farmers in India. The joint procurement, production and marketing problem of this supply-driven cooperative is characterized by highly perishable raw material, i.e., milk, exhibiting unmatched peaks of supply and demand seasons in a year. The product portfolio of MMPC consists of both high and low return products, and not all products can be inventoried for long periods without refrigeration. Moreover, MMPC adopts a pricing and inventorying strategy keeping in view the expectations of both its suppliers and consumers. In this regard, it is essential for the cooperative to develop annual plans well before the supply season peaks.

Keywords

Output Product Winter Season Summer Season Milk Powder Sales Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Supplementary material

273578_1_En_4_MOESM1_ESM.pdf (73 kb)
(pdf 73 KB)

References

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Copyright information

© Springer Science+Business Media New York 2015

Authors and Affiliations

  1. 1.Indian Institute of ManagementIndoreIndia
  2. 2.IOE DepartmentUniversity of MichiganAnn ArborUSA

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