ترغب بنشر مسار تعليمي؟ اضغط هنا

The Top-Dog Index: A New Measurement for the Demand Consistency of the Size Distribution in Pre-Pack Orders for a Fashion Discounter with Many Small Branches

31   0   0.0 ( 0 )
 نشر من قبل Sascha Kurz
 تاريخ النشر 2008
  مجال البحث
والبحث باللغة English




اسأل ChatGPT حول البحث

We propose the new Top-Dog-Index, a measure for the branch-dependent historic deviation of the supply data of apparel sizes from the sales data of a fashion discounter. A common approach is to estimate demand for sizes directly from the sales data. This approach may yield information for the demand for sizes if aggregated over all branches and products. However, as we will show in a real-world business case, this direct approach is in general not capable to provide information about each branchs individual demand for sizes: the supply per branch is so small that either the number of sales is statistically too small for a good estimate (early measurement) or there will be too much unsatisfied demand neglected in the sales data (late measurement). Moreover, in our real-world data we could not verify any of the demand distribution assumptions suggested in the literature. Our approach cannot estimate the demand for sizes directly. It can, however, individually measure for each branch the scarcest and the amplest sizes, aggregated over all products. This measurement can iteratively be used to adapt the size distributions in the pre-pack orders for the future. A real-world blind study shows the potential of this distribution free heuristic optimization approach: The gross yield measured in percent of gross value was almost one percentage point higher in the test-group branches than in the control-group branches.

قيم البحث

اقرأ أيضاً

Freight carriers rely on tactical plans to satisfy demand in a cost-effective way. For computational tractability in real large-scale settings, such plans are typically computed by solving deterministic and cyclic formulations. An important input is the periodic demand, i.e., the demand that is expected to repeat in each period of the planning horizon. Motivated by the discrepancy between time series forecasts of demand in each period and the periodic demand, Laage et al. (2021) recently introduced the Periodic Demand Estimation (PDE) problem and showed that it has a high value. However, they made strong assumptions on the solution space so that the problem could be solved by enumeration. In this paper we significantly extend their work. We propose a new PDE formulation that relaxes the strong assumptions on the solution space. We solve large instances of this formulation with a two-step heuristic. The first step reduces the dimension of the feasible space by performing clustering of commodities based on instance-specific information about demand and supply interactions. The formulation along with the first step allow to solve the problem in a second step by either metaheuristics or the state-of-the-art black-box optimization solver NOMAD. In an extensive empirical study using real data from the Canadian National Railway Company, we show that our methodology produces high quality solutions and outperforms existing ones.
Cells in an epithelial monolayer coordinate motion with their neighbors giving rise to collectively moving packs of sizes spanning multiple cell diameters. The physical mechanism controlling the pack size, however, remains unclear. A potential mechan ism comes from assuming that cell-substrate traction forces persist over some time scale: with large enough persistence time, collective cell packs emerge. To test this hypothesis, we measured the velocity and net traction of each cell. The data showed that in addition to having some temporal persistence, tractions were spatially correlated, suggesting that cells coordinate with their neighbors to apply tractions in the same direction. Chemical inhibitors and activators of actomyosin contraction were used to determine effects of altering the traction persistence and alignment. Numerical simulations based on the self-propelled Voronoi model, augmented to include both traction persistence and alignment and calibrated against the experimental data, matched the experimentally measured pack size. The model identified that if there were no alignment of traction between neighboring cells, the size of the collective pack would be substantially smaller than observed in the experiments. Hence, combining experiments and a simple mechanical model, this study confirms the long-standing assumption of traction persistence and adds the notion of traction alignment between neighbors. Together, persistence and alignment are two factors controlling the size of a collectively moving cell pack.
We propose the new Top-Dog-Index to quantify the historic deviation of the supply data of many small branches for a commodity group from sales data. On the one hand, the common parametric assumptions on the customer demand distribution in the literat ure could not at all be supported in our real-world data set. On the other hand, a reasonably-looking non-parametric approach to estimate the demand distribution for the different branches directly from the sales distribution could only provide us with statistically weak and unreliable estimates for the future demand. Based on real-world sales data from our industry partner we provide evidence that our Top-Dog-Index is statistically robust. Using the Top-Dog-Index, we propose a heuristics to improve the branch-dependent proportion between supply and demand. Our approach cannot estimate the branch-dependent demand directly. It can, however, classify the branches into a given number of clusters according to an historic oversupply or undersupply. This classification of branches can iteratively be used to adapt the branch distribution of supply and demand in the future.
We develop a novel optimization model to maximize the profit of a Demand-Side Platform (DSP) while ensuring that the budget utilization preferences of the DSPs advertiser clients are adequately met. Our model is highly flexible and can be applied in a Real-Time Bidding environment (RTB) with arbitrary auction types, e.g., both first and second price auctions. Our proposed formulation leads to a non-convex optimization problem due to the joint optimization over both impression allocation and bid price decisions. Using Fenchel duality theory, we construct a dual problem that is convex and can be solved efficiently to obtain feasible bidding prices and allocation variables that can be deployed in a RTB setting. With a few minimal additional assumptions on the properties of the auctions, we demonstrate theoretically that our computationally efficient procedure based on convex optimization principles is guaranteed to deliver a globally optimal solution. We conduct experiments using data from a real DSP to validate our theoretical findings and to demonstrate that our method successfully trades off between DSP profitability and budget utilization in a simulated online environment.
In the year 2005 Jorge Hirsch introduced the h index for quantifying the research output of scientists. Today, the h index is a widely accepted indicator of research performance. The h index has been criticized for its insufficient reliability - the ability to discriminate reliably between meaningful amounts of research performance. Taking as an example an extensive data set with bibliometric data on scientists working in the field of molecular biology, we compute h2 lower, h2 upper, and sRM values and present them as complementary approaches that improve the reliability of the h index research performance measurement.
التعليقات
جاري جلب التعليقات جاري جلب التعليقات
سجل دخول لتتمكن من متابعة معايير البحث التي قمت باختيارها
mircosoft-partner

هل ترغب بارسال اشعارات عن اخر التحديثات في شمرا-اكاديميا