Operations cost aware resource allocation optimization systems and methods

A non-transitory computer readable storage medium storing executable computer program instructions, the computer program instructions when executed by a processor causing the processor to:

• retrieve a first relationship model associated with a first retail store and a second relationship model associated with a second retail store, each of the first and second relationship models defining a statistical relationship between operations data and performance data measured in the respective retail store, wherein the first retail store and second retail store share a pool of available resources;
• analyze for each of the first relationship model and second relationship model, a performance measurement derived from the corresponding relationship model for each of a plurality of intervals of the operations data;
• applying a constraint associated with the pool of available resources to the performance measurements to allocate the pool of available resources between the first retail store and the second retail store, the allocation selected to satisfy the constraint and achieve a collective performance target for the first retail store and the second retail store;
• and
• storing the selected allocation;

A system, comprising:

• a processor;
• and
• a non-transitory computer readable storage medium storing executable computer program instructions, the computer program instructions when executed by the processor causing the processor to:
• access a relationship model that defines a statistical relationship between operations data values and performance data values measured in a retail store and that includes a confidence score indicating a degree of confidence in the statistical relationship between the operations data values and the performance data values for each of a plurality of the operations data values;
• using the relationship model, select an operations value of the operations data values to achieve an optimal value of the performance data values, the selected operations value being selected from a set of operations data values for which the corresponding confidence score exceeds a specified threshold, and the optimal value of the performance data representing an optimum of the performance data values that are mapped, by the relationship model, to the operations data values in the set;
• and
• implement the selected value of the operations data in the retail store.