Learn More
We consider a supply chain in which a producer supplies a fresh product, through a third-party logistics (3PL) provider, to a distant market where a distributor purchases and sells it to end customers. The product is perishable, both the quantity and quality of which may deteriorate during the process of transportation. The market demand is random,(More)
This paper studies optimal inventory rationing policies for a retailer of perishable products who sells through its own stores and third party Websites by an affiliate program. By posting on partners' Webpages, an affiliate program allows the retailer to attract more customers who otherwise would be missed. However, the retailer needs to pay out a(More)
  • 1