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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
Title data
Kurz, Sascha ; Rambau, Jörg ; Schlüchtermann, Jörg ; Wolf, Rainer-Johannes:
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.
In: Annals of Operations Research.
Vol. 229
(2015)
Issue 1
.
- pp. 541-563.
ISSN 1572-9338
DOI: https://doi.org/10.1007/s10479-014-1746-8
Official URL:
Abstract in another language
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. Our approach individually measures 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.
Further data
Item Type: |
Article in a journal
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Refereed: |
Yes |
Keywords: |
revenue management; size optimization; demand forecasting; Top-Dog-Index; field study; parallel blind testing
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Subject classification: |
MSC: 90B05, 90B90
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Institutions of the University: |
Faculties Faculties > Faculty of Mathematics, Physics und Computer Science Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematical Economics Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematical Economics > Chair Mathematical Economics - Univ.-Prof. Dr. Jörg Rambau Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Business Administration Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration V, Production Management and Industrial Economics Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration V, Production Management and Industrial Economics > Chair Business Administration V, Production Management and Industrial Economics - Univ.-Prof. Dr. Jörg Schlüchtermann Research Institutions Research Institutions > Research Centres Research Institutions > Research Centres > Forschungszentrum für Modellbildung und Simulation (MODUS) |
Result of work at the UBT: |
Yes |
DDC Subjects: |
300 Social sciences > 330 Economics 500 Science > 510 Mathematics |
Date Deposited: |
15 May 2015 08:25 |
Last Modified: |
15 Feb 2022 13:33 |
URI: |
https://eref.uni-bayreuth.de/id/eprint/13505 |
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