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Simulation based optimisation Model for a joint
inventory pricing problem for perishables
Asma Jbira Amel Jaoua
University of Tunis El Manar University of Tunis El Manar
UR-OASIS, National Engineering School of Tunis UR-OASIS, National Engineering School of Tunis
Tunis, Tunisie Tunis, Tunisie
jbira.asma@ amel.jaoua@polymtl.ca
Yann Bouchery Zied Jemai
Ecole de Management de Normandie University of Paris Sacaly
Axe Logistique Terre Mer Risque Laboratoire METIS, Centrale Supelec
Le Havre, France Gif sur Yvette, France
ybouchery@em-normandie.fr
Abstract — We consider the problem of jointly determining supermarkets. For example, it is observed that billions of
the optimal pricing and inventory replenishment strategy for a dollars are lost each month due to food wastage [4]. “A survey
perishable inventory system in which demand is stochastic and by the National Supermarket Research Group found that a 300-
price dependent. The perishable item is assumed to have a fixed store grocery chain loses about $34 million a year due to
life time. The retailer has the opportunity to change pr
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