Revenue management of perishable hi- tech product in declining period
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    Abstract:

    According to the analysis of the characters of perishable hi-tech products in their life cycle of declining period , this paper presents a solution to deal with pricing of perishable hi-tech products in their life cycle of declin2 ing period in view of the idea of revenue management so as to increase the revenue. A basic point of view to solve the problem with a revenue management model is put forward , based on which several arithmetical examples are giv2 en to demonstrate the advantage of the notion of revenue management applied in tackling perishable hi-tech products in their life cycle of declining period. Thus , a conclusion is reached that the profit of perishable hi-tech products can be increased by means of revenue management technology , and an interesting research inclination of pricing and manufacturing strategy of perishable hi-tech products in their declining period is pointed out .

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