Abstract
We present an optimization model for dragon fruit plantations in Vietnam. The timing of cultivating and harvesting decisions are taken into account as the dragon fruit plant has an approximately ten-year life cycle with maximum average yield in the fourth year. Another consideration also included is the prevalence of forward-buying contracts with locked-in prices. The dragon fruit supply chain faces several difficulties as yield, price, and demand are highly sensitive to weather conditions and global uncertainty factors. The risk factors in the dragon fruit supply chain also depend on species—for example, the red varieties, while more profitable than the white varieties, also have higher export risk because they are subject to global prices and adverse geopolitical conditions.
| Original language | English |
|---|---|
| Article number | 1 |
| Journal | AgriEngineering |
| Volume | 2 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Mar 2020 |
Bibliographical note
Funding Information:Funding: This research was funded by the Vietnam International Education Development (VIED).
Funding Information:
Acknowledgments: The first author acknowledges the Vietnam International Education Development (VIED) via the 911 research scholarship program as well as Vietnamese colleagues, collaborators, and the farmers from Binh Thuan, Vietnam for the data collection.
Publisher Copyright:
© 2019 by the authors. Licensee MDPI, Basel, Switzerland.
ASJC Scopus Subject Areas
- Agronomy and Crop Science
- Food Science
- Horticulture
- Engineering (miscellaneous)