Single vendor-buyer model with deterministic demand, stochastic lead time and multi-quality degradation

This report examines the supply chain strategies for a specific perishable product, or fresh produce and uses green beans as an example. The quality of the products which are in direct correlation with the value of the product are put into the supply chain model, this type of model is also known as “cold chain”. This report in addition to recent researches in cold chain, looks into multi aspect quality degradation and a stochastic lead time from warehouse to retailer. This model developed creates greater insight into the supply chain strategies of such products.