Retail store scheduling for profit

Nicolas Chapados, Marc Joliveau, Pierre L'Ecuyer, Louis-Martin Rousseau

Abstract: Highlights•Optimizing retail schedules under a profit-maximization criterion.•A stochastic model of retail store sales in terms of a revenue decomposition.•A CP and MIP model to solve a mixed integer non-linear problem (MINLP).•A case-study with a retail chain which project net profit increases on the order of 2–3%.