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An efficient algorithm for large-scale dynamic assortment planning problems
DOI:10.1016/j.ejor.2025.09.017.png)
Abstract
En 中文
• Assortment planning with dynamic or stockout-based substitution. • Maximize revenue subject to capacity constraint on the total inventory. • Efficient heuristic for large-scale problems faced by e-retailers. • Ranking-based choice model is used with no assumptions on the substitution pattern. • Our heuristic yields fast, high-quality results in extensive numerical experiments.
Keywords:
Heuristics
Assortment planning
Dynamic substitution
Submodularity
Greedy
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