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Decision Technologies for Agribusiness Problems: A Brief Review of Selected Literature and a Call for Research

Tippie College of Business, University of Iowa, Iowa City, Iowa 52242
Department of Agricultural Economics, Purdue University, West Lafayette, Indiana 47907
tlowe#x0040;blue.weeg.uiowa.edu
preckel#x0040;purdue.edu

The supply chain in the food and agribusiness sector is characterized by long supply lead times combined with significant supply and demand uncertainties, and relatively thin margins. These challenges generate a need for management efficiency and the use of modern decision technology tools. We review some of the literature on applications of decision technology tools for a selected set of agribusiness problems and conclude by outlining what we see as some of the significant new problems facing the industry. It is our hope that we will stimulate interest in these problems and encourage researchers to work on solving them.

Key Words: applied optimization; agriculture; crop planning