Automatic Pricing and Replenishment Strategy Model of Vegetable Commodities

Authors

  • Yang Wu
  • Tianci Jia

DOI:

https://doi.org/10.54097/405vr116

Keywords:

Correlation Model, LSTM Prediction, Bayesian Optimization, 0-1 Integer Nonlinear Programming.

Abstract

In the fresh supermarket, the general vegetable goods as a short shelf life and rapid deterioration of products, its inventory loss is very serious. In the process of sales, its quality tends to deteriorate with the increase of sales time. In view of the short shelf life of fresh products, this paper establishes an automatic pricing and replenishment decision model of vegetable commodities based on prediction and optimization algorithm. Through the historical sales and demand replenishment of each commodity, the distribution law and mutual relationship of vegetable categories and individual products are analyzed, and the future pricing and replenishment plan of supermarket is formulated. At the same time, it looks forward to the future, and puts forward some opinions on the decision-making process of profit maximization.

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References

Qiao Xue. Joint replenishment pricing strategy of fresh products considering loss of sales [D]. The Southeast University, 2021. DOI: 10.27014/d.cnki.gdnau.2021.003764.

Mao L. Research on pricing strategy and production and marketing model of vegetable wholesale market from the perspective of supply chain [D]. Zhongnan Forestry University of Science and Technology, 2022. DOI: 10.27662/d.cnki.gznlc.2022.000680.

Yang Shuai, Huang Xiangmeng, Wang Junbin. Research on joint optimization strategy of fresh food shelf distribution and pricing [J]. Supply Chain Management, 2022, 3 (08): 49-59. DOI: 10.19868/j.cnki.gylgl.2022.08.005.

Liang Yuanshun. Research on pork price prediction based on feature selection and LSTM hybrid model[D]. Fuyang Normal University, 2023.DOI: 10.27846/d.cnki.gfysf.2023.000238.

Pan Xiaofei, Xie Zhiheng, Wang Shuyun. Optimal decision of fresh-keeping effort and pricing of fresh products considering loss avoidance [J]. Journal of Highway Traffic Science and Technology, 2022, 39(06): 177-185+190.

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Published

26-01-2024

How to Cite

Wu, Y., & Jia, T. (2024). Automatic Pricing and Replenishment Strategy Model of Vegetable Commodities. Highlights in Science, Engineering and Technology, 81, 637-645. https://doi.org/10.54097/405vr116