If a monopoly supplies a perishable good, such as tickets to a performance, and is unable to price discriminate within a period, the monopoly may benefit from the potential entry of resellers. If the monopoly attempts to intertemporally price discriminate, the equilibrium in the game among buyers is indeterminate when the resellers are not allowed to enter, and the monopoly’s problem is not wel...

We study a supply chain network equilibrium model for perishable products under the theory of discrete choice models, which comprises multiple perishable product manufacturers, distributors and retailers. Our goal is to present equilibrium outputs for different firms in this supply chain network model for perishable products based on retailers’ utility maximization. The network model is built u...

A new type of replenishment policy is suggested in an entropy order quantity model for a perishable product possessing fuzzy holding cost and fuzzy disposal cost. This model represents an appropriate combination of two component demand with discounted selling price, particularly over a finite time horizon. Its main aim lies in the need for an entropic cost of the cycle time is a key feature of ...

One-sided auctions are used for trading perishable agricultural commodities because their production cost is already "sunk." Moreover, the promptness and simplicity of one-sided auctions are beneficial for trading in perishable commodities. However, sellers cannot participate in the price-making process in these auctions. A standard double auction market collects bids from both sides of traders...

Milk in its natural state is a highly perishable material because it is susceptible to rapid spoilage by the action of naturally occurring enzymes and contaminating microbes. Good hygiene practice from the farm to dairy, effective refrigeration regimes, reduction of storage times and technologies for reduction of spoilage and pathogenic microorganisms are basic measures needed to be accomplishe...

A significant issue of the supply chain problem is how to integrate different entities. Managing supply chain is a difficult task because of complex integrations, especially when the products are perishable in nature. Little attention has been paid on ordering specific perishable products jointly in uncertain environment with multiple sources and multiple destinations. In this article, we propo...

by Anna-Lena Sachs : Retail Analytics: Integrated Forecasting and Inventory Management for Perishable Products in Retailing (Lecture Notes in Economics and Mathematical Systems) ISBN : #3319133047 | Date : 2014-12-18 Description : PDF-668c6 | This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scann...

This paper develops EOQ-based models with perishable items to evaluate the impact of a form postponement strategy on the retailer in a supply chain. We formulate models for a postponement system and an independent system to minimize the total average cost function per unit time for ordering and keeping n perishable end-products. An algorithm is given to derive the optimal solutions of the propo...