Koenigsberg, Oded; Kohli, Rajeev; Montoya, Ricardo - In: Management Science 56 (2010) 3, pp. 485-494
We describe a model examining how a firm might choose the package size and price for a product that deteriorates over … product, (3) the relation between package size and the variable cost of the product, and (4) the minimum quantities consumers … the package size, the firm should make packages of the smallest possible size. Smaller packages reduce waste and allow …