SPACE PLANNING AND OPTIMIZATION
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United States of America Patent
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Issued Date -
Sep 3, 2015
app pub date -
Mar 3, 2015
filing date -
Mar 3, 2014
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Abstract
Input data for each of a plurality of stores is obtained. The plurality of stores are clustered into one or more department-level clusters based on the input data corresponding to at least one department value demographic for calculating a plurality of department space elasticity values. The plurality of stores are clustered into a plurality of store-level clusters based on a store level demographic. Ranking, by a space optimization module corresponding to at least one department, for each department-level cluster, to obtain a set of optimal departments for the space planning and optimization using a rapid linearization algorithm. Ranking the plurality of stores, for each department-level cluster, to obtain a set of optimal stores for the space planning and optimization. Generating for each of the set of optimal stores, by processing information associated with the set of optimal departments and the set of optimal stores using a nonlinear space optimization mechanism.
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