Inventors:
Adam N. Rosenberg - Scottsdale AZ, US
Jeffrey D. Moore - Scottsdale AZ, US
International Classification:
G06Q 99/00
US Classification:
705 10, 705 11, 705 735, 705 1435, 705400
Abstract:
Markdown optimization may be performed using a computer system. Markdown objectives may include margin maximization or inventor minimization. Markdown schedule optimization uses an efficient, iterative, targeted combinatorial search. First, permissible discount steps are identified, then for each permissible discount step, a subspace of permissible step dates is identified. Elements from the date step subspace and price reduction subspace are combined and evaluated against the markdown objectives. If an improved markdown schedule is located, a new subspace of permissible step dates is defined to search the subregion of the solution space where the improved markdown optimization schedule was identified. Scheduling of inventory allocation from a distribution center is also disclosed.