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Analytics for an Online Retailer: Demand Forecasting and Price Optimization Kris Johnson Operations Research Center, Massachusetts Institute of Technology, [removed] Bin Hong Alex Lee
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Document Date: 2015-01-09 05:18:22


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File Size: 1,31 MB

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Company

Beyond / Gilt Groupe / HauteLook / /

Currency

USD / /

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Facility

Price Optimization Kris Johnson Operations Research Center / Operations Research Center / Massachusetts Institute of Technology / /

IndustryTerm

Online Retailer / retail environment / substitutable products / retail industry / online flash sales industry / online fashion sample sales / revenue management software / suggested retail price / online fashion sample sales industry / for-sale products / software tools / Online Retailer Figure / neural networks / multi-product pricing decision support tool / markdown pricing decision support tool / decision support tool / identical products / decision support tools / size-specific product / revenue management / otherwise identical product / software firms / /

Organization

Forecasting and Price Optimization Kris Johnson Operations Research Center / David Simchi-Levi Engineering Systems Division / Bin Hong Alex Lee Engineering Systems Division / Massachusetts Institute of Technology / Department of Civil & Environmental Engineering / Operations Research Center / /

Person

Lee / Kris Johnson / David Simchi-Levi / Van Ryzin / La La / Talluri Ryzin / See Talluri / /

Position

separate regression model for each department / flash sales business model / designer / COO and the VP of Pricing & Operations Strategy / same designer / /

Technology

Environmental Engineering / machine learning / flash / /

URL

www.ruelala.com / /

SocialTag