Dynamic pricing means varying price over time. This technique should be used in perishable products along its product life cycle to enhance profit along the supply chain. It is relatively difficult to manage the inventory for perishable products due to uncertainty in demand and short life cycle....

Perishable products are now becoming more perishable due to an increase in the rate of technology innovation, changing customer behavior and increase in the number of competitors. Therefore, managing perishable products in the supply chain is quite difficult, and enhancing profit in perishable...