Sellers of perishable goods increasingly use dynamic pricing strategies as technology makes it easier to change prices and track inventory. This paper tests how accurately theoretical models of dynamic pricing describe sellers’ pricing behavior in secondary markets for event tickets, which are a classic example of a perishable good. It shows that some of the simplest dynamic pricing models desc...

Sellers of perishable goods increasingly use dynamic pricing strategies as technology makes it easier to change prices and track inventory. This paper tests how accurately theoretical models of dynamic pricing describe sellers’ pricing behavior in secondary markets for event tickets, which are a classic example of a perishable good. It shows that some of the simplest dynamic pricing models desc...

it is assumed in most of the existing models that the items can be stored for an unlimited time to meet the future’s demand and their quality and quantity does not change during that period. nevertheless there are special kinds of products which deteriorate or become unusable (such as food products, alcohol, medicines, etc.). therefore if the rate of deterioration is significantly high, the imp...

This paper deals with an i * Corresponding author Email address:   nventory system with one central warehouse and a number of identical retailers. We consider perishable-on-the-shelf items; that is, all items have a fixed shelf life and start to age on their arrival at the retailers. Each retailer faces Poisson demand and employs (1, T) inventory policy. Although demand not met at a retai...

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...

In this paper, we consider a continuous review perishable inventory system with a service facility having two heterogeneous servers, server 1 and server 2 , and the demands originate from a finite population of N sources. In such systems, the customers demand is satisfied only after some service is completed by any one of the two servers. Compared to most inventory models in which inventory is ...