Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Optimal ordering and discounting policy for a segmented market with price and freshness dependent demand for mixed quality product Subject The topic of the resource discount; freshness and selling price dependent demand; random proportion defective; segmentation; unsegmented market Description An account of the resource Owing to various factors, fresh produce purchased by the retailer is initially of mixed quality. A random proportion of the lot would generally have lost some freshness before being received in stock, while the remaining items would still be fresh. This calls for some discount initially for the former, and later, when the latter product is not so fresh. For demand declining with increase in selling price and decrease in freshness, this paper deals with optimal ordering and discounting policy when the lot received is of mixed quality and the market has two segments differentiated by the initial product quality sold simultaneously at widely different prices. Sufficient conditions for existence and uniqueness of optimal cycle length and the optimal discount are obtained. Sensitivity analysis reveals that increase in freshness time and proportion of initially fresh items in the lot result in increased profit rate. Copyright 2024 Inderscience Enterprises Ltd. Creator An entity primarily responsible for making the resource Banerjee S.; Parmal V.; Agrawal S. Source A related resource from which the described resource is derived International Journal of Applied Management Science, Vol-16, No. 2, pp. 113-137. Publisher An entity responsible for making the resource available Inderscience Publishers Date A point or period of time associated with an event in the lifecycle of the resource 2024-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1504/IJAMS.2024.138645" target="_blank" rel="noreferrer noopener">https://doi.org/10.1504/IJAMS.2024.138645</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85194944634&amp;doi=10.1504%2FIJAMS.2024.138645&amp;partnerID=40&amp;md5=e85b1863a85bff1397ba41e7979221c2" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85194944634&amp;doi=10.1504%2fIJAMS.2024.138645&amp;partnerID=40&amp;md5=e85b1863a85bff1397ba41e7979221c2</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 17558913 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Banerjee S., School of Statistics, Devi Ahilya University, Indore, India; Parmal V., School of Statistics, Devi Ahilya University, Indore, India, Chameli, Devi Group of Institutions,, Indore, India; Agrawal S., Christ (Deemed to be University), NCR, Delhi, India