Problem definition: Assortment selection is one of the most important decisions faced by retailers. Most existing papers in the literature assume that customers select at most one item out of the ...

Assortment optimisation and revenue management represent two intertwined disciplines that have garnered significant attention over recent decades. At their core, these fields address the dual ...

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We consider assortment and price optimization problems under the d-level nested logit model. In the assortment optimization problem, the goal is to find the revenue-maximizing assortment of products ...

Co-founder at LEAFIO AI Retail Solutions, a supply chain optimization and automation expert for retail, distribution, and CPG manufacturing. Creating and maintaining an appealing and sought-after ...

Grocery assortment planning has been upended by omnichannel. Grocers had been comfortable relying on broader, older models that identified underperforming products to remove from a store shelf, or ...

This is a preview. Log in through your library . Abstract We consider assortment optimization problems when customers choose according to the nested logit model and there is a capacity constraint ...