Flow Analysis and Price Elasticity Assessment of Thai Jasmine Rice in the Logistics System Using Mathematical Models
This research focuses on the flow analysis and price elasticity assessment of Thai jasmine rice in the logistics system using mathematical models. The study aims to understand the movement of rice from producers to consumers and the impact of price changes on supply and demand within a complex distribution network. The research uses linear regression models and elasticity calculations to identify key nodes and paths in the logistics system that significantly affect rice distribution and pricing. The findings highlight the responsiveness of rice supply and demand to price changes, emphasizing the role of key distribution nodes. These insights are crucial for improving production, logistics management, and pricing strategies to enhance the competitiveness of Thai jasmine rice in the global market. The research concludes with recommendations for improving the efficiency and sustainability of the logistics network for Thai jasmine rice.
Authors
- Wararit Panichkitkosolkul (ORCID: https://orcid.org/0000-0001-8315-8185)
- Andrei Volodin
- Wichai Witayakiattilerd
- Jirabhorn Yamkleeb
Institutions
- Thammasat University (TH)
- University of Regina (CA)
Publication Details
- Journal
- Lobachevskii Journal of Mathematics
- Published
- 2025-04-01
- DOI
- https://doi.org/10.1134/s1995080225606447
- Primary Topic
- Global Trade and Competitiveness
- Type
- article
- Field-Weighted Citation Impact
- 0.00