Method and System for Optimizing Store Space and Item Layout
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United States of America Patent
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May 4, 2010
filing date -
May 4, 2010
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Abstract
A method in a computer system for generating an efficient item assortment associated with a plurality of items includes obtaining choice set data specifying a multiplicity of choice sets associated with the plurality of items, where each of the multiplicity of choice sets includes several of the plurality of items, at least some of which are mutually substitutable, obtaining item interaction data descriptive of substitutions between pairs of items in each of the multiplicity of choice sets, obtaining a set of benefit metrics associated with the plurality of items, obtaining a constraint parameter associated with the item assortment, and generating an item selection based at least on the item interaction data, the set of benefit metrics, and the constraint parameter, where the item selection identifies at least one of the plurality of items selected for inclusion in the item assortment.
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