Optimal Discounting and Replenishment Policies for Perishable Products

We consider a retailer, selling a perishable product with short shelf-life and uncertain demand, facing these key decisions: (a) whether to discount old(er) items, (b) how much discount to offer, and (c) what should be the replenishment policy. In order to better understand the impact of consumer be...

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Bibliographic Details
Main Authors: Chua, Geoffrey Ang, Mokhlesi, Reza, Sainathan, Arvind
Other Authors: Nanyang Business School
Format: Journal Article
Language:English
Published: 2017
Subjects:
Online Access:https://hdl.handle.net/10356/84092
http://hdl.handle.net/10220/42959