Price estimation and economic evaluation of the production cost of red wines produced by immobilized cells on dried raisin berries

dc.contributor.author	Τσακίρης, Αργύριος	el
dc.contributor.author	Σωτηράκογλου, Κυριακή	el
dc.contributor.author	Κανδύλης, Παναγιώτης	el
dc.contributor.author	Καλδής, Παναγιώτης Ε.	el
dc.contributor.author	Τζιά, Κωνσταντίνα	el
dc.date.accessioned	2015-05-22T07:29:23Z
dc.date.available	2015-05-22T07:29:23Z
dc.date.issued	2015-05-22
dc.identifier.uri	http://hdl.handle.net/11400/10873
dc.rights	Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ηνωμένες Πολιτείες	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/us/	*
dc.source	http://www.scopus.com/authid/detail.url?authorId=24775956500	el
dc.subject	Regression analysis
dc.subject	Prices
dc.subject	Wine market
dc.subject	Αμπελοοινική αγορά
dc.subject	Sensory quality
dc.subject	Οργανοληπτική ποιότητα
dc.subject	Ανάλυση παλινδρόμησης
dc.subject	PCA
dc.subject	Τιμή
dc.title	Price estimation and economic evaluation of the production cost of red wines produced by immobilized cells on dried raisin berries	en
heal.type	journalArticle
heal.classification	Technology
heal.classification	Viticulture
heal.classification	Τεχνολογία
heal.classification	Αμπελουργία
heal.classificationURI	http://zbw.eu/stw/descriptor/10470-6
heal.classificationURI	http://id.loc.gov/authorities/subjects/sh85144017
heal.classificationURI	N/A-Τεχνολογία
heal.classificationURI	N/A-Αμπελουργία
heal.keywordURI	http://id.loc.gov/authorities/subjects/sh85112392
heal.keywordURI	http://skos.um.es/unescothes/C03131
heal.contributorName	Κουρκουτάς, Ιωάννης	el
heal.identifier.secondary	DOI http://dx.doi.org/10.2147/IJWR.S16389
heal.language	en
heal.access	campus
heal.recordProvider	Τεχνολογικό Εκπαιδευτικό Ίδρυμα Αθήνας. Σχολή Τεχνολογίας Τροφίμων και Διατροφής. Τμήμα Οινολογίας και Τεχνολογίας Ποτών	el
heal.publicationDate	2011-02-09
heal.bibliographicCitation	Tsakiris, A., Sotirakoglou, K., Kandylis, P., Kaldis, P., Tzia, C., et.al. (2011). Price estimation and economic evaluation of the production cost of red wines produced by immobilized cells on dried raisin berries. "International Journal of Wine Research", vol. 2011:3, 9 February 2011. pp. 01–08. Available from: http://www.scopus.com/authid/detail.url?authorId=24775956500.	en
heal.abstract	The aim of the study was initially to estimate the price of red wines produced by immobilized cells on dried raisin berries and subsequently to investigate whether the estimated price was sufficient to counterbalance the increased investment and operational costs required for industrial application of the novel biotechnological process. Price estimation of the experimental wines was based on the correlation of sensory quality, determined by a group of trained tasters, and the price of commercial wines available in a certain market. Application of principal component analysis (PCA) provided improved results over simple and exponential regression analysis, as only a part of the relationship between the two variables was represented (68.4% and 75.3%, respectively). However, with PCA the total variance explained by the two components was 100%. Taste was more important than aroma in determining sensory quality, and wine price was mainly affected by sensory quality rather than wine age in the Greek market. The total increase of production cost was estimated to be €0.032/bottle, which is significantly lower than the increase of €2.08/bottle price estimated by PCA for the red wines produced by immobilized cells, due to the improved aromatic potential compared with wines produced by free cells. Hence, profit for the wine industry was estimated to be €1.02/bottle.	en
heal.journalName	International Journal of Wine Research	en
heal.journalType	peer-reviewed
heal.fullTextAvailability	true