An integrated optimization model and metaheuristics for assortment planning, shelf space allocation, and inventory management of perishable products: A real application.

ABSTRACT: Product category management (PCM) plays a pivotal role in today's large stores. PCM manages to answer questions such as assortment planning (AP) and shelf space allocation (SSA). AP problem seeks to determine a list of products and suppliers, while SSA problem tries to design the layout of the selected products in the available shelf space. These problems aim to maximize the retailer sales under different constraints, such as limited purchasing budget, limited space of classes for displaying the products, and having at least a certain number of suppliers. This paper makes an attempt to develop an integrated mathematical model to optimize integrated AP, SSA, and inventory control problem for the perishable products. The objective of the model is to maximize the sales and retail profit, cons

SUBMITTER: Sajadi SJ 

PROVIDER: S-EPMC8903274 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature