In recent years, omni-channel retailing has become immensely popular among both retailers and consumers. In this approach, retailers often leverage their brick-and-mortar stores to fulfill online orders, leading to the need for simultaneous decision-making on replenishment and inventory...

This paper discusses a prescriptive analytics approach to solving a joint markdown pricing and inventory allocation optimization problem under demand parameter uncertainty. We consider a retailer capable of price differentiation among multiple customer groups with different demand parameters...