Potato Market and Disease Simulator - msueEconTools - MSU Extension Econ Tools

Seed Grower Choice

				Decision				Price =
						Pass Certification

				Input Costs				Price =		Expected Return
		Conventional		$						$
						Fail Certification
								Price =

Choose
								Price =
						Pass Certification

		GE		Input Costs				Price =		Expected Return
				$						$
						Fail Certification
								Price =

				Simulation
				Input Costs		Certification?		Actual Price		Actual Return
		Conventional		$				$		$
Choose
		GE		Input Costs		Certification?		Actual Price		Actual Return
				$				$		$

Commercial Grower Choice

			Decision			Price =


				Input Costs		Price =		Expected Return
		Conventional		$				$

						Price =

Choose
						Price =


		GE		Input Costs		Price =		Expected Return
				$				$

						Price =

			Simulation
				Input Costs		Actual Price		Actual Return
		Conventional		$		$		$
Choose
		GE		Input Costs		Actual Price		Actual Return
				$		$		$

Grocer Choice

				Decision				Price/lb =


				Cost $/lb		Avg. Food Waste		Price/lb =		Expected Return
		Conventional		$		$				$

								Price/lb =

Choose
								Price/lb =


		GE		Cost $/lb		Avg. Food Waste		Price/lb =		Expected Return
				$		$				$

								Price/lb =

				Simulation
				Cost $/lb		Actual Food Waste		Actual Price		Actual Return
		Conventional		$				$		$
Choose
		GE		Cost $/lb		Actual Food Waste		Actual Price		Actual Return
				$				$		$