Research on Dynamic Pricing Strategy of Fresh Supermarket Based on ARIMA and Integer Programming Model

Authors

  • Zhuoxin Chen
  • Wenlu Liu
  • Zhongyan Lin

DOI:

https://doi.org/10.54097/sk82ve96

Keywords:

ARIMA, 0-1 integer programming, Dynamic pricing, Replenishment strategy, Violence search.

Abstract

The study of automatic pricing and replenishment decision-making of vegetable products is a key measure for modern fresh food merchants to pursue high efficiency, accuracy and competitiveness. In this paper, the time series ARIMA(p,d,q) model and 0-1 integer programming model were used to realize the intelligent replenishment and pricing decision of fresh supermarkets, so as to ensure the reasonable pricing and sufficient inventory of vegetable products and meet the changing market demand. This paper obtains the replenishment strategy in the next week and the maximum profit of vegetable sales in Supermarket on July 1 is 3831.2 RMB.

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References

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Published

16-05-2024