Author
Onal, M., Yenipazarli, A., Kundakcıoğlu, Ömer Erhun
Publication Date
2016-12
Publication Place
-
Elsevier
Subject
Inventory management, Portfolio, Pricing, Optimization, Shelf space allocation
Type
Periodical
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
0360-8352
Record ID
81c6ce5d-0334-4911-8f8d-d03f9baa028c
Library Location
Industrial Engineering
Date
2016-12
Sample Text
We introduce an economic order quantity model that incorporates product assortment, pricing and space-allocation decisions for a group of perishable products. The goal is to maximize the retailer’s profit under shelf-space and backroom storage capacity constraints. We assume that the demand rate of a product is a function of the selling prices and the displayed stock levels of all the products in the assortment. We propose a Tabu Search based heuristic method to solve this complex problem.
DOI
10.1016/j.cie.2016.11.002
Cilt
102