IoT Quality-Controlled Demand Pricing Model in Food Supply Chains

With the increasing availability and use of internet of things (IoT) sensors and platforms in food supply chains, there is an interest in studying their efficiency and impact on supply chain operations. To illustrate how classical operations management models could be affected by the introduction of IoT, we present an inventory model with deteriorating quality that can be monitored by IoT-enabled time–temperature indicator (TTI) sensors with …