Retailer's Optimal Pricing and Ordering Policies for Non-Instantaneous Deteriorating Items with Price-Dependent Demand and Partial Backlogging

Table 2

The results with instantaneous and non-instantaneous deterioration models.

𝑡𝑑	𝑝^∗	𝑡^∗1	𝑇^∗	𝑄^∗	𝑇𝑃^∗
0	36.0234	1.5556	2.05227	119.711	655.022
(i.e., instantaneous deterioration case)
1/12	35.9722	1.56831	2.05155	119.632	660.918
2/12	35.9246	1.58283	2.05327	119.690	666.569
3/12	35.4801	1.59914	2.05744	119.888	671.973