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Title data
Kießling, Miriam ; Kurz, Sascha ; Rambau, Jörg:
The Integrated Size and Price Optimization problem.
Bayreuth
,
2012
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Abstract
We present the Integrated Size and Price Optimization Problem (ISPO) for a fashion discounter with many branches. Based on a two-stage stochastic programming model with recourse, we develop an exact algorithm and a production-compliant heuristic that produces small optimality gaps. In a field study we show that a distribution of supply over branches and sizes based on ISPO solutions is significantly better than a one-stage optimization of the distribution ignoring the possibility of optimal pricing.
Further data
| Item Type: | Preprint, postprint |
|---|---|
| Additional notes (visible to public): | erscheint in:
Numerical Algebra, Control and Optimization. Bd. 2 (Dezember 2012) Heft 4 . - S. 669-693. DOI: https://doi.org/10.3934/naco.2012.2.669 msc: 90-XX; Source: erscheint in: Numerical Algebra, Control and Optimization (NACO) |
| Keywords: | Supply Chain Management; Stochastische Optimierung; Feldversuch; Textildiscounter; Lottyp; Preisreduzierung; pre-pack |
| DDC Subjects: | 500 Science |
| Institutions of the University: | Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematical Economics Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematical Economics > Chair Mathematical Economics - Univ.-Prof. Dr. Jörg Rambau Faculties Faculties > Faculty of Mathematics, Physics und Computer Science |
| Language: | English |
| Originates at UBT: | Yes |
| URN: | urn:nbn:de:bvb:703-opus4-8865 |
| Date Deposited: | 25 Apr 2014 06:19 |
| Last Modified: | 07 Jun 2021 10:56 |
| URI: | https://epub.uni-bayreuth.de/id/eprint/201 |
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