The multiproduct newsvendor problem with customer choice

DOI10.1287/OPRE.2017.1654MaRDI QIDQ4969313zbMATH OpenOpenAlexFDO

Authors Amr Farahat, Joonkyum Lee

Publication date 5 October 2020

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/opre.2017.1654

zbMATH Keywords

approximate similarity transformationdynamic stockout-based substitution

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

• ``Stack them high, let 'em fly: lot-sizing policies when inventories stimulate demand
• A column generation algorithm for choice-based network revenue management
• A general attraction model and sales-based linear program for network revenue management under customer choice
• Assortment optimization under variants of the nested logit model
• Assortment planning and inventory decisions under a locational choice model
• Assortment planning and inventory decisions under stockout-based substitution
• 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
• Dynamic Pricing and Inventory Management Under Inventory-Dependent Demand
• scientific article; zbMATH DE number 6125590 (Why is no real title available?)
• Inventory Models for Substitutable Products: Optimal Policies and Heuristics
• Near-optimal algorithms for the assortment planning problem under dynamic substitution and stochastic demand
• On the Relationship Between Inventory Costs and Variety Benefits in Retail Assortments
• Optimal ordering decisions for two substitutable products with stochastic demands
• Revenue Management Under a General Discrete Choice Model of Consumer Behavior
• Stocking Retail Assortments Under Dynamic Consumer Substitution
• Structural estimation of the effect of out-of-stocks

Cited in

(6)

• Multiproduct multiperiod newsvendor problem with dynamic market efforts
• Joint assortment and inventory optimization for vertically differentiated products under consumer-driven substitution
• Multiproduct Newsvendor Problem with Customer-Driven Demand Substitution: A Stochastic Integer Program Perspective
• Can accessing much data reshape the theory? Inventory theory under the challenge of data-driven systems
• Constructing decision rules for multiproduct newsvendors: an integrated estimation-and-optimization framework
• Data-driven inventory management under customer substitution

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