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A Note on the Assortment Problem

Author

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  • Charles R. Frank, Jr.

    (East African Institute of Social Research and Makerere University College, Kampala, Uganda)

Abstract

Wieslaw Sadowski [Sadowski, W. 1959. A few remarks on the assortment problem. Management Sci. 6 (1, October).] has proposed a dynamic programming approach to the solution of the assortment problem by showing its equivalence to the shortest route problem and using Bellman's algorithm [Bellman, R. 1957. Dynamic Programming. Princeton, University Press, New Jersey.]. In this paper we offer an alternative solution which solves a slightly more general problem and prove a theorem which greatly reduces the amount of computation necessary to arrive at a solution.

Suggested Citation

  • Charles R. Frank, Jr., 1965. "A Note on the Assortment Problem," Management Science, INFORMS, vol. 11(7), pages 724-726, May.
    • Handle: RePEc:inm:ormnsc:v:11:y:1965:i:7:p:724-726
    DOI: 10.1287/mnsc.11.7.724
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    Cited by:

    1. C. Arbib & F. Marinelli, 2009. "Exact and Asymptotically Exact Solutions for a Class of Assortment Problems," INFORMS Journal on Computing, INFORMS, vol. 21(1), pages 13-25, February.
    2. Pentico, David W., 2008. "The assortment problem: A survey," European Journal of Operational Research, Elsevier, vol. 190(2), pages 295-309, October.

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