Optimizing product assortment under customer-driven demand substitution

DOI10.1016/j.ejor.2008.08.004zbMath1176.90042OpenAlexW2062085865WikidataQ105788146 ScholiaQ105788146MaRDI QIDQ1042226

F. Sibel Salman, Eda Yücel, Fikri Karaesmen, Metin Turkay

Publication date: 7 December 2009

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2008.08.004

zbMATH Keywords

inventoryretailingsupplier selectiondemand substitutionproduct assortment

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (12)

Joint assortment and inventory optimization for vertically differentiated products under consumer-driven substitution ⋮ A classification of the literature on the planning of substitutable products ⋮ An efficient algorithm for capacitated assortment planning with stochastic demand and substitution ⋮ Retail store operations: literature review and research directions ⋮ Product line optimization with multiples sites ⋮ Multi-plant manufacturing assortment planning in the presence of transshipments ⋮ An Investigation of Involving Supplier and Manufacturer Based Inventory Models Under Uncertain Fuzzy Constraints ⋮ Capacitated strategic assortment planning under explicit demand substitution ⋮ Private labels and retail assortment planning: a differential evolution approach ⋮ Joint decisions on product line selection, purchasing, and pricing ⋮ Assortment selection and pricing for configurable products under demand uncertainty ⋮ Shelf and Inventory Management with Space-Elastic Demand

Uses Software

• CPLEX
• GAMS

Cites Work

• Unnamed Item
• Optimal ordering decisions for two substitutable products with stochastic demands
• An evaluation of vendor selection models from a total cost of ownership perspective
• Random Yield and Random Demand in a Production System with Downward Substitution
• Assortment Planning and Inventory Decisions Under a Locational Choice Model
• Demand Estimation and Assortment Optimization Under Substitution: Methodology and Application
• Stocking Retail Assortments Under Dynamic Consumer Substitution
• Centralized and Competitive Inventory Models with Demand Substitution
• The Discrete Two-Dimensional Assortment Problem
• The Assortment Problem with Probabilistic Demands
• The Assortment Problem with Nonlinear Cost Functions
• Management of Multi-Item Retail Inventory Systems with Demand Substitution
• Inventory control under substitutable demand: A stochastic game application
• On the Relationship Between Inventory Costs and Variety Benefits in Retail Assortments
• The impact of product substitution on retail merchandising

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