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The _____ or uniform price is determined by the proportion of the total delivery used in products of these classes.

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The _____ or uniform price is determined by the proportion of the total delivery used in products of these classes.

(a) Classified

(b) Average

(c) Parity

(d) Blend

I have been asked this question at a job interview.

Asked question is from Dairy Products in division Products of Dairy Engineering

1 Answer

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Best answer
Right choice is (d) Blend

The best explanation: Milk sellers and beverage processors choose to keep the milk that goes into other products associated with the order so that its value goes into the pool and producers receive the uniform price for it. The uniform price paid to producers is the weighted average of the class prices.

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