The demand for perishable food products is often influenced by the selling price and the age of the items. This is … consumer demand. This fact has been used to develop several models for managing perishable inventory. However, most of these … consumable form. Consumer demand at the retail stage is a function of the selling price and the freshness of the processed …

system is needed to model this problem. In reality, the demand rate fluctuates with time, and the relevant cost is usually … items with fluctuating demand, downstream partial trade credit transactions, and discounted cash-flow considerations. The …