providing customized product assortment to better match the needs of customers and generate more sales. In this paper, we study … fairness consideration and customized product assortment at stage two (upon the arrival of customers) under the multinomial … logit choice model. We employ a robust approach for the joint discounts and customized assortment optimization problem to …

establish the NP-hardness for the assortment problem under the joint effects and develop a fully polynomial-time approximation …

shoppers": they form an impression of the assortment after browsing products ranked in the initial positions and then decide …

Product assortment is a critical competitive tool for retailers to increase sales, maximize profits, and attain … customer satisfaction. Increasingly, more and more retailers provide in-store product assortment information online or via … poses new challenges to retailers' assortment strategies. Retailers must understand and evaluate the important role of …

Assortment optimization is an important problem in revenue management arising in industries such as online advertising …, retailing and airline ticketing. We study assortment optimization under an arbitrary mixture of multi-nomial logit (MNL) models …, when the universe of products is dense. In general, it is NP-hard to approximate assortment optimization under mixture of …

We develop a new approach that integrates empirical estimation and assortment optimization to achieve display … assortment optimization. To maximize the expected revenue, we compute the optimal target assortment set based on each consumer … target assortment set. We formulate this consideration set induction process as a nonconvex optimization, for which we …

We study the assortment optimization problem in an online setting where a retailer uses multiple distribution centers … strength of the outside option, capacity constraint and shipping cost on company's profitability and assortment selection …. Finally, we study the effect of not allowing cross-shipments or not considering them in assortment decisions and show that …

consideration set and chooses the one with the highest net utility. We show that the revenue-ordered assortment (i.e., the offer set … optimal revenue. We propose a k-quasi attractiveness-ordered assortment and show that it can be arbitrarily near-optimal for … the market share maximization problem. The assortment problems with search cost are generally NP-hard, so we develop …

. Some of the revenue for items removed from the assortment may be recouped by substitution, but also some of the revenue for … items kept in the assortment may be lost due to basket abandonment. For a practical setting where baskets may contain any … the basket retention effect in assortment selection for the small stores can significantly improve profits at these stores …