Powering retailers' digitization through analytics and automation

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 (Contributor), Wu, Michelle Xiao (Author)
Other Authors: Massachusetts Institute of Technology. Department of Civil and Environmental Engineering (Contributor), Massachusetts Institute of Technology. Institute for Data, Systems, and Society (Contributor), Massachusetts Institute of Technology. Operations Research Center (Contributor), David Simchi-Levi (Contributor)
Format: Article
Language:English
Published: Taylor & Francis, 2018-11-19T15:49:00Z.
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