Pricing and replenishment of competing perishable product variants under dynamic demand substitution

• 主要作者: Sainathan, Arvind
• 其他作者: Nanyang Business School
• 格式: Article
• 語言: English
• 出版: 2014
• 主題: DRNTU::Business
• 在線閱讀: https://hdl.handle.net/10356/103345; http://hdl.handle.net/10220/19224

I consider pricing and ordering decisions faced by a retailer selling a perishable product with a two-period shelf life over an infinite horizon. In the first period, the product is “new”; in the next, it becomes “old.” The new product is perceived by customers to have a higher quality than the old...