“…Although there is an extensive body of literature on convex conic quadratic optimization, development of conic optimization with integer variables is quite recent (Ç ezik and Iyengar, 2005;Narayanan, 2007, 2011;Atamtürk et al, 2013). With the growing availability of commercial solvers for these problems (for example, both CPLEX and Gurobi now include solvers for these models), conic quadratic integer models have recently been employed to address problems in portfolio optimization (Vielma et al, 2008), value-at-risk minimization (Atamtürk and Narayanan, 2008), machine scheduling (Aktürk et al, 2010), and supply chain network design (Atamtürk et al, 2012), airline rescheduling with speed control (Aktürk et al, 2014). However, to the best of our knowledge, this approach has not been previously used to solve assortment optimization problems.…”