Category Inventory Planning With Service Level Requirements and Dynamic Substitutions

We study a single‐period inventory planning problem for a category of substitutable products. This is an important practical problem facing category managers who have to maintain high service levels for constantly expanding product catalogs. We formulate the problem as a stochastic optimization mode...

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Bibliographic Details

Published in:	Production and operations management Vol. 29; no. 11; pp. 2553 - 2578
Main Authors:	Akçay, Yalçın, Li, Yunke, Natarajan, Harihara Prasad
Format:	Journal Article
Language:	English
Published:	Los Angeles, CA SAGE Publications 01.11.2020 Wiley Subscription Services, Inc Blackwell Publishers Inc
Subjects:	dynamic substitution inventory planning mathematical programming Optimization Product differentiation substitutable products inventory planning substitutable products dynamic substitution mathematical programming
ISSN:	1059-1478, 1937-5956
Online Access:	Get full text
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