This research explores the value of data sharing in a two-echelon, fresh product supply chain consisting of a retailer and manufacturer. Demand is stochastic and price sensitive. Decision-making is decentralized and the supply chain operates with a simple linear wholesale price contract. We...

Assortment optimization is a fundamental problem in revenue management, in which the objective usually is to select a subset of products to offer to customers in order to maximize expected revenue or profit. However, business practices often involve multiple, and potentially conflicting goals....