Browsing by Author "Sevim, İsmail"
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Assortment optimization with log-linear demand: Application at a Turkish grocery store
Authors:
Publisher and Date:(Elsevier, 2019)In retail sector product variety increases faster than shelf spaces of retail stores where goods are presented to consumers. Hence assortment planning is an important task for sustained financial success of a retailer in a competitive business environment. In this study we consider the assortment planning problem of a retailer in Turkey. Using empirical point-of-sale data a demand model is developed and utilized in the optimization model. Due to nonlinear nature of the model and integrality ...
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Assortment optimization with log-linear demand: Application at a Turkish grocery store
Authors:
Publisher and Date:(Elsevıer Sci Ltd, 2019)In retail sector, product variety increases faster than shelf spaces of retail stores where goods are presented to consumers. Hence, assortment planning is an important task for sustained financial success of a retailer in a competitive business environment. In this study, we consider the assortment planning problem of a retailer in Turkey. Using empirical point-of-sale data, a demand model is developed and utilized in the optimization model. Due to nonlinear nature of the model and integrality ...