Supply chain network design in perishable product has become a challenging task due to its short life time, spoilage of product in degradation nature and stochastic market demand. This paper focused on designing and optimizing model for perishable product in stochastic demand, which comprises multiple levels from producer, local collector, wholesaler and retailers. The ultimate goal is to optim...

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...

This paper studies the computation of order up to levels for a stochastic programming inventory problem of a perishable product. Finding a solution is a challenge as the problem enhances a perishable product, fixed ordering cost and non-stationary stochastic demand with a service level constraint. An earlier study [6] derived order-up-to values via an MILP approximation. We consider a computati...

A retailer is endowed with a finite inventory of a non-perishable product. Demand for this product is driven by a price-sensitive Poisson process that depends on an unknown parameter, θ; a proxy for the market size. If θ is high then the retailer can take advantage of a large market charging premium prices, but if θ is small then price markdowns can be applied to encourage sales. The retailer h...

A disaster inventory system is considered in which two substitutable items are stored for disaster management. In the event of disaster management, a particular product may become stock-out and the situation warrants that a demand for the particular product during its stock-out period may be substituted with another available similar product in the inventory. From the utility point of view, con...

Following abstraction and treatment water becomes a vulnerable and perishable product. It is vulnerable in that the integrity of systems used for the storage and distribution of water can be damaged and contamination through ingress can occur. It is perishable in that its microbial quality can deteriorate due to the bacteria remaining after treatment growing on the residual nutrient in the wate...

This paper explores the process of product replacement within management consultancies. Drawing on product marketing literature we argue that main knowledge suppliers do not simply regard their knowledge commodities as inherently perishable during an alleged downturn phase on the knowledge market. Rather, our study reveals that management consultants may follow a variety of alternative strategi...