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| Chase, Craig A.; Helgeson, Delmer L.. |
| The purpose of this study was to analyze the cost structures associated with subterminal facilities. An economic-engineering approach was used to determine the construction and operation costs of four different sizes of subterminal facilities operating at three different plant capacities. Profitability of subterminals was determined mainly by the volume of grain handled. If a subterminal marketed enough grain, it was able to incur both decreasing average fixed and average variable costs. The larger subterminals were found to be more profitable than the smaller facilities indicating the existence of economies of size in both the fixed and variable cost components. Profitability can be dramatically increased given the availability of internal financing for... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Marketing; Agribusiness. |
| Ano: 1983 |
URL: http://purl.umn.edu/23347 |
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| Chase, Craig A.; Helgeson, Delmer L.; Shaffer, Terry L.. |
| The grain elevator industry is an essential and integrated part of the marketing system in North Dakota. A more efficient marketing system can benefit society either in the form of increasing producer income through higher grain prices, reducing consumer expenditures through lower retail prices, or both. The grain marketing system also is currently moving through a period of change brought on by a larger supply of grain, proposed branch line abandonment and deregulated rail rates. The purpose of this study was to analyze the cost characteristics of the elevator industry and determine the relative efficiency and existence of economies of size during the 1978-79 period. A statistical costing method was used to empirically analyze the cost structure of the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness. |
| Ano: 1983 |
URL: http://purl.umn.edu/23474 |
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