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Chinese Journal of Management Science ›› 2004, Vol. ›› Issue (4): 57-63.

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Optimal Retailer’s Order policy for Perishable Products with Wholesale Price Updating

CHEN Xu   

  1. College of Economics & Management, Southwest Jiaotong University, Chengdu 610031, China
  • Received:2003-10-29 Revised:2004-07-12 Online:2004-08-28 Published:2012-03-07

Abstract: Supply chain management for perishable products is an important branch of supply chain management,and is focused on more and more.One of key problems of supply chain management is how the manufacturer attracts the retailer to order as early as possible,and how the retailer makes an optimal order according to the manufacturer’s attractive measures?In this paper,the optimal retailer’s order policy for perishable with wholesale price update is studied.The supply chain gains co-win for both manufacturer and retailer via the manufacturer providing two ordering chances for the retailer.Based on the models for the system at the beginning time and after the wholesale update,some analysis and discussion are processed,the condition that the two different wholesale prices should be met and the optimal ordering policy that the retailer should be taken are proposed.

Key words: perishable products, wholesale price updating, ordering policy, supply chain management

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