Demand estimation under multi-store multi-product substitution in high density traditional retail

DOI10.1016/J.EJOR.2017.09.014MaRDI QIDQ1754064zbMATH OpenOpenAlexWikidataFDO

Authors Mingchao Wan, Yihui Huang, Lei Zhao, Tianhu Deng, Jan C. Fransoo

Publication date 30 May 2018

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://research.tue.nl/nl/publications/029e19c8-b149-441b-a822-e97ab2f07e75

zbMATH Keywords

demand estimationretailingdemand substitutionconsumer choice modeltraditional retail

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Inventory, storage, reservoirs (90B05)

Recommendations

• Estimating primary demand for substitutable products from sales transaction data
• Demand Estimation and Assortment Optimization Under Substitution: Methodology and Application
• Structural estimation of the effect of out-of-stocks
• Stocking Retail Assortments Under Dynamic Consumer Substitution
• An inventory model with substitution

Cites work

• A classification of the literature on the planning of substitutable products
• An efficient algorithm for capacitated assortment planning with stochastic demand and substitution
• Assortment planning and inventory decisions under a locational choice model
• Automobile Prices in Market Equilibrium
• Centralized and Competitive Inventory Models with Demand Substitution
• Demand Estimation and Assortment Optimization Under Substitution: Methodology and Application
• Demand estimation and ordering under censoring: stock-out timing is (almost) all you need
• Estimating primary demand for substitutable products from sales transaction data
• Management of Multi-Item Retail Inventory Systems with Demand Substitution
• On the Relationship Between Inventory Costs and Variety Benefits in Retail Assortments
• Optimal and competitive assortments with endogenous pricing under hierarchical consumer choice models
• Revenue Management Under a General Discrete Choice Model of Consumer Behavior
• Structural estimation of the effect of out-of-stocks
• The impact of product substitution on retail merchandising

Cited in

(7)

• Manufacturer competition in the nanostore retail channel
• Which strategy is better for managing multi-product demand uncertainty: inventory substitution or probabilistic selling?
• Estimating primary demand for substitutable products from sales transaction data
• Effects of customer response to fashion product stockout on holding costs, order sizes, and profitability in omnichannel retailing
• Estimation of jointly normally distributed demand for cross-selling items in inventory systems with lost sales
• Pricing and introductory scarcity strategies based on consumers' response
• Structural estimation of the effect of out-of-stocks

This page was built for publication: Demand estimation under multi-store multi-product substitution in high density traditional retail

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1754064)