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Author: | Urban, T. |
Title: | An inventory-theoretic approach to product assortment and shelf-place allocation |
Journal: | Journal of Retailing
1998 : SPRING, VOL. 74:1, p. 15-36 |
Index terms: | INVENTORIES PRODUCT VARIETY ALLOCATION |
Language: | eng |
Abstract: | The purpose of this research is to generalize and integrate existing inventory-control models, product assortment models, and shelf-space allocations models. The author first generalizes the inventory-level- dependent demand inventory model to explicitly model the demand rate as a function of the displayed inventory model to explicitly model the demand rate as a function of the displayed inventory level. The authors then investigates the product assortment and shelf-space allocation problems by extending this model into the multi-item, constrained environment. |
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