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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creator | Somedip Karmakar Ashish Gupta |
description | 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. |
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subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
title | System and method for item category footage recommendation |
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