We study the joint assortment planning and inventory management problem, where stock-out events elicit dynamic substitution effects, described by the Multinomial Logit (MNL) choice model. Special cases of this setting have extensively been studied in recent literature, notably the static...

We consider the single-period joint assortment and inventory planning problem with stochastic demand and dynamic substitution across products, motivated by applications in highly differentiated markets, such as online retailing and airlines. This class of problems is known to be notoriously hard...

Assortment planning of substitutable products is a major operational issue that arises in many industries, such as retailing, airlines and consumer electronics. We consider a single-period joint assortment and inventory planning problem under dynamic substitution with stochastic demands, and...