Assortment planning: Review of literature and industry practice
A retailer's assortment is defined by the set of products carried in each store at each point in
time. The goal of assortment planning is to specify an assortment that maximizes sales or …
time. The goal of assortment planning is to specify an assortment that maximizes sales or …
Assortment planning: Review of literature and industry practice
AG Kök, ML Fisher, R Vaidyanathan - Retail supply chain management …, 2015 - Springer
A retailer's assortment is defined by the set of products carried in each store at each point in
time. The goal of assortment planning is to specify an assortment that maximizes sales or …
time. The goal of assortment planning is to specify an assortment that maximizes sales or …
Pricing multiple products with the multinomial logit and nested logit models: Concavity and implications
We consider the problem of pricing multiple differentiated products with the nested logit
model and, as a special case, the multinomial logit model. We prove that concavity of the …
model and, as a special case, the multinomial logit model. We prove that concavity of the …
Dynamic pricing and inventory control of substitute products
L Dong, P Kouvelis, Z Tian - Manufacturing & Service …, 2009 - pubsonline.informs.org
We study dynamic pricing and inventory control of substitute products for a retailer who faces
a long supply lead time and a short selling season. Within a multinomial logit model of …
a long supply lead time and a short selling season. Within a multinomial logit model of …
Assortment planning and inventory decisions under a locational choice model
We consider a single-period assortment planning and inventory management problem for a
retailer, using a locational choice model to represent consumer demand. We first determine …
retailer, using a locational choice model to represent consumer demand. We first determine …
A review of marketing–operations interface models: From co-existence to coordination and collaboration
CS Tang - International Journal of Production Economics, 2010 - Elsevier
Marketing and operations are two key functional areas that contribute to the success of a
firm. By acquiring and analyzing information regarding customers and competitors …
firm. By acquiring and analyzing information regarding customers and competitors …
Joint inventory and pricing decisions for an assortment
G Aydin, EL Porteus - Operations Research, 2008 - pubsonline.informs.org
We seek optimal inventory levels and prices of multiple products in a given assortment in a
newsvendor model (single period, stochastic demand) under price-based substitution, but …
newsvendor model (single period, stochastic demand) under price-based substitution, but …
Capacitated assortment and price optimization under the multinomial logit model
R Wang - Operations Research Letters, 2012 - Elsevier
We consider an assortment and price optimization problem where a retailer chooses an
assortment of competing products and determines their prices to maximize the total …
assortment of competing products and determines their prices to maximize the total …
A classification of the literature on the planning of substitutable products
A company's assortment of products and corresponding inventory levels are constrained by
available resources, such as production capacity, storage space, and capital to acquire the …
available resources, such as production capacity, storage space, and capital to acquire the …
Product line selection and pricing with modularity in design
WJ Hopp, X Xu - Manufacturing & Service Operations …, 2005 - pubsonline.informs.org
This paper addresses the strategic impact of modular design on the optimal length and price
of a differentiated product line. We represent consumer demand with a Bayesian logit model …
of a differentiated product line. We represent consumer demand with a Bayesian logit model …