Assortment decision in the Multi-Product News-Vendor Problem with Demand Substitution
| Autor: | Evren Sahin, Yves Dallery, Shouyu Ma, Zied Jemai |
|---|---|
| Přispěvatelé: | ma, shouyu, Laboratoire Génie Industriel - EA 2606 (LGI), CentraleSupélec, Ecole Centrale Paris |
| Jazyk: | angličtina |
| Rok vydání: | 2015 |
| Předmět: |
Focus (computing)
021103 operations research Operations research Vendor 05 social sciences Substitution (logic) 0211 other engineering and technologies Probabilistic logic 02 engineering and technology [MATH] Mathematics [math] [INFO] Computer Science [cs] Electronic mail Order (business) 0502 economics and business Economics [INFO]Computer Science [cs] Product (category theory) [MATH]Mathematics [math] 050207 economics Marketing Global optimization |
| Zdroj: | IESM Conference IESM Conference, Oct 2015, Sevilla, Spain |
| Popis: | International audience; —Retailers are confronted to make ordering decisions for a large category of products offered to end consumers. In this paper, we extend the classical mono-product News-Vendor Problem to a multi-product News-Vendor Problem with demand transferring and demand substitution. We focus on the joint determination of optimal product assortment and optimal order quantities. Computational algorithms are presented to solve the problem. We compare the global optimization policy with some other policies used in practice by numerical examples. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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