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  2. Product optimization - Wikipedia

    en.wikipedia.org/wiki/Product_optimization

    For example, a soda bottle can have different packaging variations, flavors, nutritional values. It is possible to optimize a product by making minor adjustments. Typically, the goal is to make the product more desirable and to increase marketing metrics such as Purchase Intent, Believability, Frequency of Purchase, etc.

  3. Retail assortment strategies - Wikipedia

    en.wikipedia.org/wiki/Retail_assortment_strategies

    Assortment plan is a trade-off between the breadth and depth of products that a retailer wishes to carry. Assortment optimization refers to the problem of selecting a set of products to offer to a group of customers to maximize the revenue that is realized when customers make purchases according to their preferences.

  4. Price optimization - Wikipedia

    en.wikipedia.org/wiki/Price_optimization

    Price optimization utilizes data analysis to predict the behavior of potential buyers to different prices of a product or service. Depending on the type of methodology being implemented, the analysis may leverage survey data (e.g. such as in a conjoint pricing analysis [7]) or raw data (e.g. such as in a behavioral analysis leveraging 'big data' [8] [9]).

  5. Supply chain optimization - Wikipedia

    en.wikipedia.org/wiki/Supply_chain_optimization

    For example, the creation of truckloads as economic shipment units requires optimization systems to ensure that axle constraints and space constraints are met while loading can be achieved in a damage-free way. This is generally achieved by continuing to add time-phased requirements until the loads meet some minimum weight or cube.

  6. Inventory optimization - Wikipedia

    en.wikipedia.org/wiki/Inventory_optimization

    For example: Electrocomponents, a United Kingdom-based world's largest distributor of electronics and maintenance products, increased profits by £36 million by using inventory optimization to achieve higher service levels while reducing inventory. [20]

  7. Nordstrom's under-the-radar Black Friday sale is here: Deals ...

    www.aol.com/lifestyle/nordstrom-just-quietly...

    Notably, you can get up to 40% off designer clearance on brands like Burberry and Versace. Plus, Nordstrom cardmembers can earn 3X the points when they shop select sale items including beauty. You ...

  8. Optimal control - Wikipedia

    en.wikipedia.org/wiki/Optimal_control

    Optimal control is an extension of the calculus of variations, and is a mathematical optimization method for deriving control policies. [6] The method is largely due to the work of Lev Pontryagin and Richard Bellman in the 1950s, after contributions to calculus of variations by Edward J. McShane . [ 7 ]

  9. Jennifer Lopez Shares Gratitude Post on First Thanksgiving ...

    www.aol.com/lifestyle/jennifer-lopez-shares...

    Jennifer Lopez shared a pic from her Thanksgiving and the turkey on Instagram with a message of gratitude to all of her friends.