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Our final case is "Smithfield Foods and the US Meat Processing Industry". It focuses on the attention attracted by Smithfield and other firms in the industry as a result of the discovery of large clusters of COVID-19 infections at the firm's facility in Sioux Falls, South Dakota. The case provides lots of data that can help in assessing the strategic implications of these developments for Smithfield. Discussion questions for the case are listed below:
Smithfield Foods
When Jimmy's technology is given by: f(L,K) = min(5L,2K) What are the long-run, cost-minimizing values of L and K when his production target is 100 widgets?
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