THE PROPOSAL SYSTEM OF SUPPORTING ECONOMIC EFFECTS FOR INTRODUCING NEW EDIBLE OILS TO THE LIBYAN MARKET
THE PROPOSAL SYSTEM OF SUPPORTING ECONOMIC EFFECTS FOR INTRODUCING NEW EDIBLE OILS TO THE LIBYAN MARKET

Summary/Abstract: There are two food production processes that involve the replacement of one ingredient with other substance or a mixture of two or more products. One of them is adulteration of food products. This applies to high-cost and high-quality oils e.g. olive oil that is frequently subject to adulteration with other edible oils of lower value. Such a food fraud affects the quality of the gentle oil and the foods the ingredient of which is olive oil. The second action often applied to the oils is blending of the variety of products originating from many different regions and countries. Sometimes the oils originating from various sources and years are blended to create a consistent taste.The subject of this paper is the application of the multi-analysis method to assess the process of the blending of several oils and thus creating a new mixture to satisfy the market demand for new hitherto unknown oils, advertised as new products. For this task we construct a new system under the label of Special Modification Oil-SMO. The system consists of three parts: 1. Theoretical part, 2. Practical part; that is, an experimental part 3. The last part is the economic justification to fulfill market demand by launching new oils of high quality serving many purposes and at the same time being cheaper. Therefore, in this paper we mainly focus on the practical aspect of the issue; however, the economic justificatory criteria are of equal importance. Economics starts to be relevant once we start considering the possibility of producing the oils in question. The proposed SMO system has been used in these calculations to obtain the required composition of the blend destined for special application. The present work shows that the chemical parameters of the final mixture can be numerically calculated when the characteristics of primary components are known. The SMO procedure can constitute input data for theoretical evaluations. The SMO procedure computes the best mixtures for the new oil demanded by the market. According to the SMO’s formula, also the economic factors of a given undertaking are taken into account (that is, such technological factors as costs of different mixtures). The verification of experience finishes when certain economic ends are achieved.

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