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In this paper, we study an analytical approach to selecting expansion locations for retailers selling add-on products whose demand is derived from the demand of another base product. Demand for the add-on product is realized only as a…

应用统计 · 统计学 2018-04-05 Teng Huang , David Bergman , Ram Gopal

Strategic product placement can have a strong influence on customer purchase behavior in physical stores as well as online platforms. Motivated by this, we consider the problem of optimizing the placement of substitutable products in…

数据结构与算法 · 计算机科学 2025-10-06 Omar El Housni , Rajan Udwani

Facility location decisions significantly impact customer behavior and consequently the resulting demand in a wide range of businesses. Furthermore, sequentially realized uncertain demand enforces strategically determining locations under…

最优化与控制 · 数学 2020-01-08 Beste Basciftci , Shabbir Ahmed , Siqian Shen

It is well-established that increased product visibility to shoppers leads to higher sales for retailers. In this study, we propose an optimization methodology which assigns product categories and subcategories to store locations and…

最优化与控制 · 数学 2021-05-20 Evren Gul , Alvin Lim , Jiefeng Xu

This paper investigates a multi-product stochastic inventory problem in which a cash-constrained online retailer can adopt order-based loan provided by some Chinese e-commerce platforms to speed up its cash recovery for deferred revenue. We…

最优化与控制 · 数学 2020-12-10 Zhen Chen , Ren-qian Zhang

When modeling geostatistical or areal data, spatial structure is commonly accommodated via a covariance function for the former and a neighborhood structure for the latter. In both cases the resulting spatial structure is a consequence of…

统计方法学 · 统计学 2015-04-20 Garritt L. Page , Fernando A. Quintana

A fundamental question in any peer-to-peer ride-sharing system is how to, both effectively and efficiently, meet the request of passengers to balance the supply and demand in real time. On the passenger side, traditional approaches focus on…

机器学习 · 计算机科学 2022-11-08 Yanqiu Wu , Qingyang Li , Zhiwei Qin

We study a model of retail agglomeration where consumers are more likely to visit zones with a higher concentration of shops. This agglomerative effect makes zones with many retailers more attractive. The spatial distribution of retailers…

理论经济学 · 经济学 2025-08-05 Minoru Osawa , Takashi Akamatsu , Yosuke Kogure

The problem of identifying the optimal location for a new retail store has been the focus of past research, especially in the field of land economy, due to its importance in the success of a business. Traditional approaches to the problem…

社会与信息网络 · 计算机科学 2014-02-26 Dmytro Karamshuk , Anastasios Noulas , Salvatore Scellato , Vincenzo Nicosia , Cecilia Mascolo

We study a problem of an online retailer who observes the unit sales of a product, and dynamically changes the retail price, in order to maximize the expected revenue. Assuming the demand of the product is price sensitive, we are interested…

系统与控制 · 电气工程与系统科学 2021-06-17 Chengcheng Liu , Mátyás A. Sustik

Predicting future consumer behaviour is one of the most challenging problems for large scale retail firms. Accurate prediction of consumer purchase pattern enables better inventory planning and efficient personalized marketing strategies.…

机器学习 · 计算机科学 2020-10-15 Ankur Verma

For online resource allocation problems, we propose a new demand arrival model where the sequence of arrivals contains both an adversarial component and a stochastic one. Our model requires no demand forecasting; however, due to the…

数据结构与算法 · 计算机科学 2018-10-02 Dawsen Hwang , Patrick Jaillet , Vahideh Manshadi

This paper presents a novel approach to predicting buying intent and product demand in e-commerce settings, leveraging a Deep Q-Network (DQN) inspired architecture. In the rapidly evolving landscape of online retail, accurate prediction of…

机器学习 · 计算机科学 2025-06-24 Aditi Madhusudan Jain

Supply and demand are two fundamental concepts of sellers and customers. Predicting demand accurately is critical for organizations in order to be able to make plans. In this paper, we propose a new approach for demand prediction on an…

机器学习 · 计算机科学 2022-11-03 Resul Tugay , Sule Gunduz Oguducu

Fashion discounters face the problem of ordering the right amount of pieces in each size of a product. The product is ordered in pre-packs containing a certain size-mix of a product. For this so-called lot-type design problem, a stochastic…

最优化与控制 · 数学 2016-03-26 Miriam Kießling , Tobias Kreisel , Sascha Kurz , Jörg Rambau

This study presents a comprehensive approach to optimizing inventory management under stochastic demand by leveraging Monte Carlo Simulation (MCS) with grid search and Bayesian optimization. By using a business case of historical demand…

最优化与控制 · 数学 2024-07-01 Sarit Maitra

Production planning must account for uncertainty in a production system, arising from fluctuating demand forecasts. Therefore, this article focuses on the integration of updated customer demand into the rolling horizon planning cycle. We…

计量经济学 · 经济学 2024-09-27 Manuel Schlenkrich , Wolfgang Seiringer , Klaus Altendorfer , Sophie N. Parragh

Accurate demand forecasting in the retail industry is a critical determinant of financial performance and supply chain efficiency. As global markets become increasingly interconnected, businesses are turning towards advanced prediction…

机器学习 · 计算机科学 2023-08-24 Md Sabbirul Haque , Md Shahedul Amin , Jonayet Miah

Grocery retailers frequently apply price discounts to stimulate demand for expiring perishables. However, integrating these discounted sales into future demand forecasts presents a significant challenge. This study investigates the…

综合经济学 · 经济学 2026-02-05 David Winkelmann , Theresa Elbracht , Jonas Brenker , Arnold Gerzen

On-demand delivery has become increasingly popular around the world. Motivated by a large grocery chain store who offers fast on-demand delivery services, we model and solve a stochastic dynamic driver dispatching and routing problem for…

最优化与控制 · 数学 2022-11-22 Sheng Liu , Zhixing Luo
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