Replenishment And Automatic Pricing Strategy for Vegetable Products Based on Genetic Algorithm

Abstract

In order to improve the accuracy of replenishment and pricing of vegetable commodities sold in supermarkets, and to maximise the benefits of vegetable commodities sold in supermarkets, this paper comprehensively establishes a strategic planning model for replenishment and automatic pricing of supermarkets. Firstly, we carry out descriptive statistical analysis and non-linear fitting on the historical sales data of supermarkets to find the distribution pattern of the sales of each single product of vegetables, and then find out the relationship between each single product of vegetables through correlation analysis. and then find out the relationship between each vegetable item through correlation analysis. After that, we built an LSTM time series forecasting model based on the cost data to predict the replenishment volume of the six vegetable categories in the coming week. Finally, in order to maximise the revenue of the superstore, we constructed a pricing planning model for the combination of vegetable categories, and solved the optimal purchase quantity and pricing strategy based on genetic algorithm.