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Consider the Assortment Optimization problem from Session 11, where a car dealership is deciding which colors of cars to offer (among Red, Blue, and White).
Consider the Assortment Optimization problem from Session 11, where a car dealership is deciding which colors of cars to offer (among Red, Blue, and White). In the example from class, we saw that the profit-maximizing assortment included the Red and Blue cars, but not the White car due to cannibalization
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