What is Maximal-Profit Item Selection

In retail business analysis and optimization, maximal-profit item selection focuses on finding item sets with an aim to obtain maximal profits under constraints in business practices, e.g., the maximal number of items to be selected, the maximal limitation of shelf space and the maximal limitation of budget.

Data Mining for Business Analytics in Retail

Min Gan (Deakin University, Australia) and Honghua Dai (Deakin University, Australia)