{"id":"https://openalex.org/W2042914645","doi":"https://doi.org/10.1080/0740817x.2014.916459","title":"Markdown optimization at multiple stores","display_name":"Markdown optimization at multiple stores","publication_year":2014,"publication_date":"2014-05-20","ids":{"openalex":"https://openalex.org/W2042914645","doi":"https://doi.org/10.1080/0740817x.2014.916459","mag":"2042914645"},"language":"en","primary_location":{"id":"doi:10.1080/0740817x.2014.916459","doi":"https://doi.org/10.1080/0740817x.2014.916459","is_oa":false,"landing_page_url":"https://doi.org/10.1080/0740817x.2014.916459","pdf_url":null,"source":{"id":"https://openalex.org/S63835026","display_name":"IIE Transactions","issn_l":"0740-817X","issn":["0740-817X","1545-8830"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IIE Transactions","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100423241","display_name":"Ming Chen","orcid":"https://orcid.org/0000-0001-8522-3710","observed_orcids":["https://orcid.org/0000-0001-8522-3710","https://orcid.org/0000-0002-8045-4429"]},"institutions":[{"id":"https://openalex.org/I59897056","display_name":"California State University, Long Beach","ror":"https://ror.org/0080fxk18","country_code":"US","type":"education","lineage":["https://openalex.org/I59897056"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ming Chen","raw_affiliation_strings":["College of Business Administration, California State University at Long Beach, Long Beach, CA 90840, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"College of Business Administration, California State University at Long Beach, Long Beach, CA 90840, USA","institution_ids":["https://openalex.org/I59897056"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100751333","display_name":"Zhi\u2010Long Chen","orcid":"https://orcid.org/0000-0002-9960-0465","observed_orcids":["https://orcid.org/0000-0002-9960-0465"]},"institutions":[{"id":"https://openalex.org/I66946132","display_name":"University of Maryland, College Park","ror":"https://ror.org/047s2c258","country_code":"US","type":"education","lineage":["https://openalex.org/I66946132"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Zhi-Long Chen","raw_affiliation_strings":["Robert H. Smith School of Business, University of Maryland, College Park, MD 20742-1815, USA E-mail: zchen@rhsmith.umd.edu"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Robert H. Smith School of Business, University of Maryland, College Park, MD 20742-1815, USA E-mail: zchen@rhsmith.umd.edu","institution_ids":["https://openalex.org/I66946132"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5063979313","display_name":"Guruprasad Pundoor","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1330693074","display_name":"Walmart (United States)","ror":"https://ror.org/04j0gge90","country_code":"US","type":"company","lineage":["https://openalex.org/I1330693074"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Guruprasad Pundoor","raw_affiliation_strings":["Network Strategy and Optimization, Walmart Global eCommerce, San Bruno, CA 94066, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Network Strategy and Optimization, Walmart Global eCommerce, San Bruno, CA 94066, USA","institution_ids":["https://openalex.org/I1330693074"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5051715204","display_name":"Suresh Acharya","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I171589843","display_name":"Blue Yonder (United States)","ror":"https://ror.org/04s6h1250","country_code":"US","type":"company","lineage":["https://openalex.org/I171589843"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Suresh Acharya","raw_affiliation_strings":["JDA Software, Rockville, MD 20850, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"JDA Software, Rockville, MD 20850, USA","institution_ids":["https://openalex.org/I171589843"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5027357640","display_name":"John C. Yi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I51077184","display_name":"Saint Joseph's University","ror":"https://ror.org/05q87sg56","country_code":"US","type":"education","lineage":["https://openalex.org/I51077184"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"John Yi","raw_affiliation_strings":["Haub School of Business, Saint Joseph\u2019s University, Philadelphia, PA 19131-1395, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Haub School of Business, Saint Joseph\u2019s University, Philadelphia, PA 19131-1395, USA","institution_ids":["https://openalex.org/I51077184"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":5,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.9322,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.86559267,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":96},"biblio":{"volume":"47","issue":"1","first_page":"84","last_page":"108"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11502","display_name":"Facility Location and Emergency Management","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/markdown-pricing","display_name":"markdown pricing","score":0.8140000104904175},{"id":"https://openalex.org/keywords/inventory-allocation","display_name":"inventory allocation","score":0.9700000286102295},{"id":"https://openalex.org/keywords/demand-uncertainty","display_name":"demand uncertainty","score":0.6600000262260437},{"id":"https://openalex.org/keywords/moving-horizon","display_name":"rolling horizon","score":0.6980000138282776},{"id":"https://openalex.org/keywords/lagrangian-relaxation","display_name":"Lagrangian relaxation","score":0.8240000009536743},{"id":"https://openalex.org/keywords/decomposition","display_name":"decomposition","score":0.5720000267028809},{"id":"https://openalex.org/keywords/mixed-integer-programming","display_name":"mixed integer programming","score":0.8119999766349792},{"id":"https://openalex.org/keywords/demand-scenarios","display_name":"demand scenarios","score":0.5849999785423279},{"id":"https://openalex.org/keywords/price-sensitivity","display_name":"price sensitivity","score":0.6769999861717224},{"id":"https://openalex.org/keywords/business-rules","display_name":"business rules","score":0.6539999842643738},{"id":"https://openalex.org/keywords/revenue-maximization","display_name":"revenue maximization","score":0.574999988079071},{"id":"https://openalex.org/keywords/np-hardness","display_name":"NP-hardness","score":0.8659999966621399}],"concepts":[{"id":"https://openalex.org/C28761237","wikidata":"https://www.wikidata.org/wiki/Q7805321","display_name":"Time horizon","level":2,"score":0.7204164266586304},{"id":"https://openalex.org/C173801870","wikidata":"https://www.wikidata.org/wiki/Q201413","display_name":"Heuristic","level":2,"score":0.6226087808609009},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.6205634474754333},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.500694751739502},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.46563664078712463},{"id":"https://openalex.org/C32597650","wikidata":"https://www.wikidata.org/wiki/Q5255044","display_name":"Demand patterns","level":3,"score":0.43461689352989197},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.3745051622390747},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.28730911016464233},{"id":"https://openalex.org/C179366874","wikidata":"https://www.wikidata.org/wiki/Q1185130","display_name":"Demand management","level":2,"score":0.22270971536636353},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1849364936351776},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/0740817x.2014.916459","doi":"https://doi.org/10.1080/0740817x.2014.916459","is_oa":false,"landing_page_url":"https://doi.org/10.1080/0740817x.2014.916459","pdf_url":null,"source":{"id":"https://openalex.org/S63835026","display_name":"IIE Transactions","issn_l":"0740-817X","issn":["0740-817X","1545-8830"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IIE Transactions","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:uiiexx:v:47:y:2015:i:1:p:84-108","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/0740817X.2014.916459","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W258481170","https://openalex.org/W1506265753","https://openalex.org/W1965370893","https://openalex.org/W1966014185","https://openalex.org/W1973414686","https://openalex.org/W2011039300","https://openalex.org/W2035518103","https://openalex.org/W2044233090","https://openalex.org/W2058690674","https://openalex.org/W2065586741","https://openalex.org/W2069686656","https://openalex.org/W2080195716","https://openalex.org/W2097352267","https://openalex.org/W2098307834","https://openalex.org/W2098998642","https://openalex.org/W2100951624","https://openalex.org/W2109216884","https://openalex.org/W2111817782","https://openalex.org/W2117805572","https://openalex.org/W2120586050","https://openalex.org/W2122108146","https://openalex.org/W2123407478","https://openalex.org/W2124521189","https://openalex.org/W2130822217","https://openalex.org/W2139295133","https://openalex.org/W2139998752","https://openalex.org/W2148032167","https://openalex.org/W2161612565","https://openalex.org/W2172294041","https://openalex.org/W2289809641","https://openalex.org/W2787523326","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W4237447786","https://openalex.org/W2066866650","https://openalex.org/W2598087056","https://openalex.org/W4206266828","https://openalex.org/W2976969471","https://openalex.org/W1977976230","https://openalex.org/W2571304362","https://openalex.org/W4255465598","https://openalex.org/W4251000233","https://openalex.org/W2973638324"],"abstract_inverted_index":{"This":[0,230],"article":[1],"studies":[2],"a":[3,41,47,50,73,110,121,125,148,195,199,254,265,277],"markdown":[4,21,36,74,97],"optimization":[5],"problem":[6,154,174,243],"commonly":[7,287],"faced":[8],"by":[9,62,163],"many":[10,58],"large":[11],"retailers":[12],"that":[13,52,172,309],"involves":[14],"joint":[15],"decisions":[16],"on":[17,207,221,276,337,343],"inventory":[18,45,94,346],"allocation":[19,95,347],"and":[20,96,191,260,281,305,331,342,348],"pricing":[22,75,349],"at":[23,49,99,120,157,176,245],"multiple":[24],"stores":[25,60,101,336],"subject":[26],"to":[27,54,57,78,235],"various":[28,302],"business":[29,91,329],"rules.":[30],"At":[31],"the":[32,35,63,66,70,85,100,114,118,133,145,153,158,165,173,177,186,222,227,246,310,315,326,338,344],"beginning":[33,159,178,247],"of":[34,44,46,90,117,160,179,248,296,320,328,334],"planning":[37,67,86],"horizon,":[38],"there":[39,192],"is":[40,155,170,182,193,205,214,251,262,274,283,299,307],"certain":[42],"amount":[43],"product":[48],"warehouse":[51,64],"needs":[53,77],"be":[55,79,103,236],"allocated":[56],"retail":[59],"served":[61],"over":[65,84,137],"horizon.":[68,87],"In":[69],"same":[71],"time,":[72],"scheme":[76],"determined":[80],"for":[81,93],"each":[82,161,180,249],"store":[83,123,197],"A":[88,318],"number":[89,319],"rules":[92,330],"prices":[98],"must":[102],"satisfied.":[104],"The":[105,129,211,242,272],"retailer":[106,146],"does":[107],"not":[108],"have":[109],"complete":[111],"knowledge":[112,131,225],"about":[113,132,226,325],"probability":[115],"distribution":[116],"demand":[119,134,167,187,213,218,228,233,258],"given":[122,126],"in":[124,291],"time":[127,138,201,240],"period.":[128,202],"retailer\u2019s":[130,223],"distributions":[135],"improves":[136],"as":[139,253],"new":[140],"information":[141],"becomes":[142],"available.":[143],"Hence,":[144],"employs":[147],"rolling":[149,278],"horizon":[150,279],"approach":[151,273,312],"where":[152],"re-solved":[156],"period":[162,181,250],"incorporating":[164],"latest":[166,224],"information.":[168],"It":[169],"shown":[171],"involved":[175,244],"NP-hard":[183],"even":[184],"if":[185],"functions":[188],"are":[189,323],"deterministic":[190],"only":[194],"single":[196,200],"or":[198],"Thus,":[203],"attention":[204],"focused":[206],"heuristic":[208],"solution":[209],"approaches.":[210,317],"stochastic":[212],"modeled":[215,237],"using":[216,264],"discrete":[217],"scenarios":[219,259],"based":[220,269],"distributions.":[229],"enables":[231],"possible":[232],"correlations":[234],"across":[238],"different":[239],"periods.":[241],"formulated":[252],"mixed-integer":[255],"program":[256],"with":[257,285],"it":[261,282,306],"solved":[263],"Lagrangian":[266],"relaxation":[267],"\u2013":[268],"decomposition":[270],"approach.":[271],"implimented":[275],"basis":[280],"compared":[284],"several":[286],"used":[288],"benchmark":[289,316],"approaches":[290],"practice.":[292],"An":[293],"extensive":[294],"set":[295],"computational":[297],"experiments":[298],"perfomed":[300],"under":[301],"practical":[303],"situations,":[304],"demonstrated":[308],"proposed":[311],"significantly":[313],"outperforms":[314],"managerial":[321],"insights":[322],"derived":[324],"impact":[327],"price":[332],"sensitivity":[333],"individual":[335],"total":[339],"expected":[340],"revenue":[341],"optimal":[345],"decisions.":[350]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
