A multi-period profit maximizing model for retail supply chain management: An integration of demand and supply-side mechanisms

@article{Bhattacharjee2000AMP,
  title={A multi-period profit maximizing model for retail supply chain management: An integration of demand and supply-side mechanisms},
  author={Sudip Bhattacharjee and Ram Ramesh},
  journal={European Journal of Operational Research},
  year={2000},
  volume={122},
  pages={584-601}
}
We present a multi-period inventory and pricing model for a single product, where the product has a ®xed life perishability for a certain number of periods. This problem has signi®cant importance for an ecient operation of the marketing/manufacturing interface at the retail end of the supply chain. The pro®t maximization problem is modeled as a dynamic program, and the Wagner±Whitin dynamic programming recursions are developed for both perishable and non-perishable products. The structural… CONTINUE READING
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