Assortment Planning: Review of Literature and Industry Practice

A. Gürhan Kök (), Marshall L. Fisher () and Ramnath Vaidyanathan ()
Additional contact information
A. Gürhan Kök: Koç University
Marshall L. Fisher: University of Pennsylvania
Ramnath Vaidyanathan: McGill University

Chapter Chapter 8 in Retail Supply Chain Management, 2015, pp 175-236 from Springer

Abstract: Abstract A retailer’s assortment is defined by the set of products carried in each store at each point in time. The goal of assortment planning is to specify an assortment that maximizes sales or gross margin subject to various constraints, such as a limited budget for purchase of products, limited shelf space for displaying products, and a variety of miscellaneous constraints such as a desire to have at least two vendors for each type of product.

Keywords: Assortment optimization; Choice modeling; Substitution estimation; Multi-product demand estimation; Category optimization (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (56)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4899-7562-1_8

Ordering information: This item can be ordered from
http://www.springer.com/9781489975621

DOI: 10.1007/978-1-4899-7562-1_8

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().