Powering retailers’ digitization through analytics and automation

Retailers face significant pressure to improve revenue, margins and market share by applying price optimisation models. These are mathematical models that calculate how demand varies at different price levels, then combine that data with information on costs and inventory levels to recommend prices...

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Bibliographic Details
Main Authors: Simchi-Levi, David, Wu, Michelle Xiao
Other Authors: Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
Format: Article
Language:en_US
Published: Taylor & Francis 2018
Online Access:http://hdl.handle.net/1721.1/119184
https://orcid.org/0000-0002-4650-1519