Assortment Planning and Inventory Decisions Under a Locational Choice Model
Management Science
Revenue Management of a Make-to-Stock Queue
Operations Research
Asymmetric Consumer Learning and Inventory Competition
Management Science
Dynamic Assortment with Demand Learning for Seasonal Consumer Goods
Management Science
Product Line Design and Production Technology
Marketing Science
Product Line Selection and Pricing with Modularity in Design
Manufacturing & Service Operations Management
Retail Assortment Planning in the Presence of Consumer Search
Manufacturing & Service Operations Management
Dynamic Pricing and Inventory Control of Substitute Products
Manufacturing & Service Operations Management
Mathematics of Operations Research
Product Differentiation, Store Differentiation, and Assortment Depth
Management Science
Throughput loss in task scheduling due to server state uncertainty
Proceedings of the Fourth International ICST Conference on Performance Evaluation Methodologies and Tools
Drivers of Finished-Goods Inventory in the U.S. Automobile Industry
Management Science
Assortment Planning and Inventory Decisions Under Stockout-Based Substitution
Operations Research
Leadtime-Variety Tradeoff in Product Differentiation
Manufacturing & Service Operations Management
On the Interaction Between Demand Substitution and Production Changeovers
Manufacturing & Service Operations Management
Retail Assortment Planning Under Category Captainship
Manufacturing & Service Operations Management
The Role of Component Commonality in Product Assortment Decisions
Manufacturing & Service Operations Management
Optimal Algorithms for Assortment Selection Under Ranking-Based Consumer Choice Models
Manufacturing & Service Operations Management
A PTAS for capacitated sum-of-ratios optimization
Operations Research Letters
Estimating Primary Demand for Substitutable Products from Sales Transaction Data
Operations Research
Forecasting prices in dynamic heterogeneous product markets using multivariate prediction methods
Proceedings of the 13th International Conference on Electronic Commerce
A Nonparametric Approach to Modeling Choice with Limited Data
Management Science
Impact of Variety and Distribution System Characteristics on Inventory Levels at U.S. Retailers
Manufacturing & Service Operations Management
Manufacturing & Service Operations Management
Optimal Dynamic Assortment Planning with Demand Learning
Manufacturing & Service Operations Management
A branch-and-cut algorithm for the latent-class logit assortment problem
Discrete Applied Mathematics
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Consider a category of product variants distinguished by some attribute such as color or flavor. A retailer must construct an assortment for the category, i.e., select a subset variants to stock and determine purchase quantities for each offered variant. We analyze this problem using a multinomial logit model to describe the consumer choice process and a newsboy model to represent the retailer's inventory cost. We show that the optimal assortment has a simple structure and provide insights on how various factors affect the optimal level of assortment variety. We also develop a formal definition of the level of fashion in a category using the theory of majorization and examine its implications for category profits.