Optimizing product assortment under customer-driven demand substitution.
Eda YücelFikri KaraesmenF. Sibel SalmanMetin TürkayPublished in: Eur. J. Oper. Res. (2009)
Keyphrases
- customer demand
- inventory level
- holding cost
- lead time
- single product
- customer requirements
- customer base
- supply chain
- inventory management
- inventory control
- profit maximizing
- optimal policy
- expected cost
- total cost
- product information
- customer service
- production cost
- electronic commerce
- customer support
- consumer behavior
- software vendors
- state dependent
- customer preferences
- inventory replenishment
- market demand
- product life cycle
- product catalogs
- potential customers
- single period
- stochastic demand
- infinite horizon
- lost sales
- network revenue management
- market share
- customer orders
- product development
- transportation costs
- competitive environment
- life cycle
- dynamic programming
- dynamic pricing
- inventory systems
- marketing campaigns
- single item
- service requirements
- setup cost
- product quality
- long run
- production planning
- customer relationship management
- inventory models
- customer satisfaction
- queue length