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Supply Chain Expert Reveals Methodology Behind Bordeaux Pricing Model

June 25, 2020

In research published in Production and Operations Management, M. Hakan Hekimoglu,, an assistant professor in the Lally School of Management at Rensselaer Polytechnic Institute, and his co-author, Burak Kazaz of Syracuse University, have developed a robust and highly accurate pricing model for Bordeaux wine futures using four factors: temperature, precipitation, market index, and expert reviews.