DOIONLINE

DOIONLINE NO - IJAECS-IRAJ-DOIONLINE-19325

Publish In
International Journal of Advances in Electronics and Computer Science-IJAECS
Journal Home
Volume Issue
Issue
Volume-9,Issue-12  ( Dec, 2022 )
Paper Title
A Cluster based Model for Assortment Optimization and Implementation in Home Improvement Retailer
Author Name
M.Can Konur, M. Bulent Durmusoglu
Affilition
1Department of Industrial Engineering, Istanbul Technical University, Macka 34367, Istanbul, Turkey 2Department of Industrial Engineering, Istanbul Technical University, Macka 34367, Istanbul, Turkey
Pages
5-10
Abstract
Abstract - This study deals with the clustering and mixed integer programming methods for the assortment optimization problem. The collaborative filtering method is used to estimate the parameters to be optimized. In addition, in the absence of a product, either substitute or complementary product effect is integrated into demand estimation. The basket analysis method is used to determine complementary products. The developed model is implemented in Turkey's leading home improvement retailer. Keywords - Assortment Optimization, Clustering, Collaborative Filtering, Demand Estimation, Retailing
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