We consider inventory systems of “perishable” goods. Perishable goods cannot be carried from one period to another. Examples of perishable goods include newspaper, Christmas tree, and many grocery items like milk and banana. Here, a period could be one day, or one week, or any time frame that is appropriate in the application context. Suppose that a retailer sells a particular perishable produc...

A merchant holding a fixed inventory of a perishable good is better off (at least in the short run) discounting his stock than allowing it to perish. This is true whether the item being sold is physically perishable, needs to be removed from the store by certain “out date,” or a service that uses fixed capacity. The decision to sell inventory at a discount changes the future expectations of cus...

In recent years, food wastage becomes the major problem of world and researchers indicate that 20-60% total production is lost in supply chain.[1] Due to perishable nature cost products fresh companies face more challenges throughout chains. An order proposal generated for all a time period week by integration Machine Learning loud also taking into chain with some barriers such as supplier deli...

In this paper, we propose a new mathematical model for Capacitated Inventory Routing Problem (CIRP), which considers freshly delivery of perishable products to the customers’ location; otherwise, a reduction in products’ demand may occur. Therefore, we attempt to plan delivering process of products at the right time to avoid extra inventory causing increase in age of products. This ...

In this paper, a bi-objective pharmaceutical supply chain network under uncertainty demand and transportation costs is modeled and developed. To control the uncertainty parameters, the robust optimization method is considering. The main objective of this paper determines the number and location of potential facilities such as drug manufacture centers and drug distribution centers by considering...

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...

We consider an oligopolistic market game, in which the players are competing firms in the same market of a homogeneous consumption good. The consumer side is represented by a fixed demand function. The firms decide how much to produce of a perishable consumption good, and they decide upon a number of information signals to be sent into the population in order to attract customers. Due to the mi...

We study the global optimal solution for a planning problem of inventory control of perishable products and non-stationary demand.