HACCP Implementation and Economic Optimality in Turkey Processing

Presentation

Introduction/Background

Objectives

Hypothesis

Review of Literature

Theoretical Framework
Schematic Representation of Processes in Firm-Level HACCP

Net Benefit Function

Probability of Contamination (θ)

Probability of Contamination

Quality Loss

Quality Loss

Quality Loss

Value of Risk Reduction (π)

Value of Risk Reduction

Total Testing Costs (C)

Total Economic Costs (TC)

Net Benefits

Risk Premium(ξ)

Stochastic Optimization Model

Utility Model Parameters

Data

Results

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Results

Conclusions

Questions?