Optimal Pricing Policies with an Allowable Discount for Perishable Items under Time-Dependent Sales Price and Trade Credit

Trade credit is generally used by businesses to obtain external funds. This article demonstrates an inventory system from the retailer’s point of view in which (1) influence trade on expanding small and their consumers focus this research, (2) on-hand follows non-instantaneous deterioration. (3) To maximize profit, demand disclosed, based not just sales price, but also cumulative demand, indicates saturation diffusion. (4) The product’s initial price permitted discount rate at time deterioration are considered be time-dependent functions price. In absence deterioration, item sold a constant rate, whenever occurs, assumed exponential function variable. main aim optimize total profit retailer terms cycle traditional algorithm optimization address problem. Finally, theoretical results validated solving three numerical illustrations conducting sensitivity analysis factors resulting following managerial implications: period provides maximum margin any financing method, increase raises while increasing overall significantly.