System and method for item category footage recommendation

Systems and methods for generating an electronic planogram optimized for space elasticity calculating a space elasticity include training a constrained linear regression model using a first training dataset, training a multiple non-linear regression model based on a second training dataset including...

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Hauptverfasser: Somedip Karmakar, Ashish Gupta
Format: Patent
Sprache:eng
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Zusammenfassung:Systems and methods for generating an electronic planogram optimized for space elasticity calculating a space elasticity include training a constrained linear regression model using a first training dataset, training a multiple non-linear regression model based on a second training dataset including, training a non-linear multiple-constraint mixed integer optimization model based at least in part on an output of the constrained linear regression model and an output of the multiple non-linear regression model, and generating an electronic planogram optimized for space elasticity. For each item category, a space elasticity is determined by fitting the constrained linear regression model, the multiple non-linear regression model is applied to determine a cross-space elasticity, and the non-linear multiple-constraint mixed integer optimization model generates a category space allocation. The category space allocation for each item category is aggregated to generate the electronic planogram. The electronic planogram is validated based on received sales data.