Wang, Wan-Chih; Teng, Jinn-Tsair; Lou, Kuo-Ren - In: European Journal of Operational Research 232 (2014) 2, pp. 315-321
Due to evaporation, obsolescence, spoilage, etc., some products (e.g., fruits, vegetables, pharmaceuticals, volatile liquids, and others) not only deteriorate continuously but also have their expiration dates. To attract new buyers and increase sales, a seller frequently offers its buyers a...