View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by ScholarlyCommons@Penn University of Pennsylvania ScholarlyCommons Wharton Research Scholars Wharton School 5-22-2012 Exploring the Cost of Milk Production & Potential Economies of Scale in a Dairy Cooperative Parth Shah University of Pennsylvania Follow this and additional works at: http://repository.upenn.edu/wharton_research_scholars Part of the Business Commons Shah, Parth, "Exploring the Cost of Milk Production & Potential Economies of Scale in a Dairy Cooperative" (2012). Wharton Research Scholars. 93. http://repository.upenn.edu/wharton_research_scholars/93 This paper is posted at ScholarlyCommons. http://repository.upenn.edu/wharton_research_scholars/93 For more information, please contact
[email protected]. Exploring the Cost of Milk Production & Potential Economies of Scale in a Dairy Cooperative Abstract Agricultural cooperatives have been a unique way of addressing the concerns of the producers and consumers regarding pricing, storage, marketing, and other such activities of bringing the commodity to the market. One of such sectors is the dairy, where there are cooperatives in both the developed and developing countries. Amul Dairy, a milk cooperative in India is, synonymous with quality of its milk and milk products as well as fair prices to both the consumer and producer. In this study, we will examine the effectiveness of Amul by comparing the procurement prices offered by the dairy cooperative to the cost of producing milk. In addition, we will measure whether there are economies of scale in milk production. Keywords dairy cooperative, milk, India Disciplines Business This working paper is available at ScholarlyCommons: http://repository.upenn.edu/wharton_research_scholars/93 Exploring the cost of milk production & potential economies of scale in a dairy cooperative Parth Shah May 22nd, 2012 Acknowledgements This research would not have been possible without the support of following individuals & institutions: Mr.