1.If there is a salvage value of Rs 2 for each unsold item, what is the stocking policy? 2. If the perishability of the item is now considered as two days (because of customer perceived attitude to...

1.If there is a salvage value of Rs 2 for each unsold item, what is the stocking policy? 2. If the perishability of the item is now considered as two days (because of customer perceived attitude to ‘fresh’ products), how would the ordering strategy change? These are difficult issues to analyse, especially if ordering cannot be done too often.