Print Email Facebook Twitter Improve Coolblue's direct demand model for substitutable products Title Improve Coolblue's direct demand model for substitutable products Author Clercx, Josephine (TU Delft Electrical Engineering, Mathematics and Computer Science) Contributor Derumigny, Alexis (mentor) Van Dijk, Jaimy (mentor) Cabo, A.J. (graduation committee) Nane, G.F. (graduation committee) Degree granting institution Delft University of Technology Programme Applied Mathematics Date 2022-08-22 Abstract This thesis aims to improve Coolblue's direct demand estimation model for substitutable products. Their current model consists of three sub-models which all provide their direct demand estimations. For every product, the direct demand is taken from one of the sub-models based on their performance in estimating the sales. The sub-models are the mean, linear and expectation-maximisation (EM) model. The linear model gives the most accurate expectations, whereas the mean model scores the lowest. Therefore, we have improved the mean model's estimations by creating a new estimator. Furthermore, we have investigated if an out-of-stock (OOS) period influences the sales and, therefore, the direct demand estimations. From this investigation, we conclude that for a part of the products, the sales are affected by OOS periods. However, these results are dependent on how they are investigated. Moreover, the OOS periods' influences are as likely to be positive as negative on the sales. Therefore it is challenging to react to these influences. Subject direct demandsubstitutionout-of-stock To reference this document use: http://resolver.tudelft.nl/uuid:64cc186c-6bc6-4c3d-9a56-e8807cf03f03 Part of collection Student theses Document type master thesis Rights © 2022 Josephine Clercx Files PDF Thesis_Confidential_Josep ... 568095.pdf 2.19 MB Close viewer /islandora/object/uuid:64cc186c-6bc6-4c3d-9a56-e8807cf03f03/datastream/OBJ/view