The demand for perishable food products is often influenced by the selling price and the age of the items. This is because perishable food products have become commodities from consumers' point of view, hence, there are very little differences between competing brands. Consequently, factors like...

Suppliers often prefer to offer their retailers a delay period in payment to attract more sales and promote revenue in a supply chain. The retailers usually ask their customers to pay a portion of purchasing cost when receiving the product (i.e., a downstream partial trade credit) to reduce the...