Comment by UncleOxidant
10 hours ago
> Del Monte went out of business because there wasn't enough demand for the peaches
How did this happen? It takes a long time before a peach tree seedling gets to the point where it can bear a significant amount of fruit. I'm going to guess about 10 years. Given that kind of delay, how did they get into a situation where there was this much over-production?
delays between increasing capacity to produce and bringing production to market naturally lead to cycles of over and under production. https://thesystemsthinker.com/balancing-loops-with-delays/