A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig Cycle

A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig Cycle

The pig market had experienced a cycle of price rise and fall, also known as the “pig cycle.” This paper analyzes the fluctuation relationship between pig price, pig supply, and pork demand, constructs a system dynamics model of the pig industry by decomposing the structure of the pig supply chain,...

Full description

Bibliographic Details
Main Authors: Changxiang Lu, Jiaqi Fang, Shaochuan Fu
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2020/2093593
id doaj-8876279191a44f0b835768a7b6540088
record_format Article
spelling doaj-8876279191a44f0b835768a7b65400882020-11-25T03:33:08ZengHindawi LimitedMathematical Problems in Engineering1024-123X1563-51472020-01-01202010.1155/2020/20935932093593A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig CycleChangxiang Lu0Jiaqi Fang1Shaochuan Fu2School of Economics and Management, Beijing Jiaotong University, Beijing100000, ChinaSchool of Economics and Management, Beijing Jiaotong University, Beijing100000, ChinaSchool of Economics and Management, Beijing Jiaotong University, Beijing100000, ChinaThe pig market had experienced a cycle of price rise and fall, also known as the “pig cycle.” This paper analyzes the fluctuation relationship between pig price, pig supply, and pork demand, constructs a system dynamics model of the pig industry by decomposing the structure of the pig supply chain, and then discusses the causes of “pig cycle,” as well as the supply chain management strategy and industrial policy, to stabilize the pig industry market. Research shows that reducing the cost of pig breeding, countercyclical adjustment, and government macrocontrol can effectively reduce the fluctuation of pig prices. Among them, reducing the pig breeding cost is the most effective long-term strategy to stabilize the pig price.http://dx.doi.org/10.1155/2020/2093593
collection DOAJ
language English
format Article
sources DOAJ
author Changxiang Lu
Jiaqi Fang
Shaochuan Fu
spellingShingle Changxiang Lu
Jiaqi Fang
Shaochuan Fu
A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig Cycle
Mathematical Problems in Engineering
author_facet Changxiang Lu
Jiaqi Fang
Shaochuan Fu
author_sort Changxiang Lu
title A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig Cycle
title_short A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig Cycle
title_full A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig Cycle
title_fullStr A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig Cycle
title_full_unstemmed A New Equilibrium Strategy of Supply and Demand for the Supply Chain of Pig Cycle
title_sort new equilibrium strategy of supply and demand for the supply chain of pig cycle
publisher Hindawi Limited
series Mathematical Problems in Engineering
issn 1024-123X
1563-5147
publishDate 2020-01-01
description The pig market had experienced a cycle of price rise and fall, also known as the “pig cycle.” This paper analyzes the fluctuation relationship between pig price, pig supply, and pork demand, constructs a system dynamics model of the pig industry by decomposing the structure of the pig supply chain, and then discusses the causes of “pig cycle,” as well as the supply chain management strategy and industrial policy, to stabilize the pig industry market. Research shows that reducing the cost of pig breeding, countercyclical adjustment, and government macrocontrol can effectively reduce the fluctuation of pig prices. Among them, reducing the pig breeding cost is the most effective long-term strategy to stabilize the pig price.
url http://dx.doi.org/10.1155/2020/2093593
work_keys_str_mv AT changxianglu anewequilibriumstrategyofsupplyanddemandforthesupplychainofpigcycle
AT jiaqifang anewequilibriumstrategyofsupplyanddemandforthesupplychainofpigcycle
AT shaochuanfu anewequilibriumstrategyofsupplyanddemandforthesupplychainofpigcycle
AT changxianglu newequilibriumstrategyofsupplyanddemandforthesupplychainofpigcycle
AT jiaqifang newequilibriumstrategyofsupplyanddemandforthesupplychainofpigcycle
AT shaochuanfu newequilibriumstrategyofsupplyanddemandforthesupplychainofpigcycle
_version_ 1715183583154405376

Similar Items