Abstract

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Title:: Price Stability Optimization of Agricultural Products Supply Chain Under Agricultural Insurance

Author(s):: ZHANG Mengzhuo; CAO Wujun; (Department of Management and Engineering,Zhengzhou University,Zhengzhou,Henan 450001)

Keywords:: agricultural product supply chain; agricultural insurance; price stability; government regulation

Abstract:: The price instability of agricultural products is greatly related to the uncertainty of supply.Based on the introduction of agricultural insurance,risk aversion and quantitative research of the price stability of agricultural products are achieved in the supply chain of agricultural products.Due to the benefit of the supply chain of agricultural products,based on the theory of operational research,the multi-objective nonlinear optimization model is built on the basis of inventory theory,the genetic algorithm is used to solve the model,and the example is introduced.The results showed that under different risk level,the optimal insurance strategy selected by this method can effectively achieve the relative stability of the price of agricultural supply chain,and at the same time,it can protect the interests of farmers and other supply chain members and mobilize their production enthusiasm.Finally,some suggestions were given to the government on the regulation of the price stability of agricultural products.