Abstract
In this paper, we propose a two-dimensional shelf space allocation model. The second dimension stems from the height of the shelf. This results in an integer nonlinear programming model with a complex form of objective function. We propose a multiple neighborhood approach which is a hybridization of a simulated annealing algorithm with a hyper-heuristic learning mechanism. Experiments based on empirical data from both real-world and artificial instances show that the shelf space utilization and the resulting sales can be greatly improved when compared with a gradient method. Sensitivity analysis on the input parameters and the shelf space show the benefits of the proposed algorithm both in sales and in robustness.
Original language | English |
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Pages (from-to) | 31-55 |
Number of pages | 25 |
Journal | 4OR |
Volume | 11 |
Issue number | 1 |
DOIs | |
Publication status | Published - Mar 2013 |
Keywords
- Hyper-heuristics
- Multi-neighborhood search
- Retail
- Shelf space allocation
- Two-dimensional
ASJC Scopus subject areas
- Management Information Systems
- Theoretical Computer Science
- Management Science and Operations Research
- Computational Theory and Mathematics