Markdown Optimization with Generalized Weighted Least Squares Estimation
Abstract Retailers increasingly apply price markdowns for their seasonal products. Efficiency of these markdown applications is driven by the accuracy of empirical models, especially toward the end of a selling season. In the literature, recent sales are recognized to be more important than older sa...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Springer
2022-12-01
|
| Series: | International Journal of Computational Intelligence Systems |
| Subjects: | |
| Online Access: | https://doi.org/10.1007/s44196-022-00163-9 |