Research Article

A Bilevel Stochastic Dynamic Programming Model to Assess the Value of Information on Actual Food Quality at Wholesale Markets

Table 5

Design of experiments.

RP

Base case
 00.5(50%, 50%)0.8565003000100001500500
Quality
 1a1
 1b0
 2a(36%, 83%)
 2b(83%, 36%)
Market price
 3a0.95
 3b0.75
 4a4750
 4b8375
Profit margin
 5a4000
 5b2000
 6a12000
 6b8000
Salvage value
 7a2000
 7b1000
 8a1000
 8b0