Keywords: Freshness function
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Journal Articles

Optimal pricing model for non-instantaneous deterioration items with price and freshness sensitive demand under the e-commerce environment in China

Weihua Xu, Shujun Zhou, Ketong Zhao, Yixuan Shi, Sun Bingzhen
Journal: Kybernetes
Kybernetes (2022) 51 (2): 623–640.
https://doi.org/10.1108/K-05-2020-0261
Published: 27 August 2021
... that the total profit of non-instantaneous deterioration items using the dynamic pricing strategy is higher than that using fixed pricing strategy. Findings Finally, to illustrate and validate the model, the authors have used some numerical examples. A new freshness function and the model to study pricing...
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