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In this paper we consider multidimensional mechanism design problem for selling discrete substitutable items to a group of buyers. Previous work on this problem mostly focus on stochastic description of valuations used by the seller.…

计算机科学与博弈论 · 计算机科学 2017-01-05 Maciej Drwal

We present the Integrated Size and Price Optimization Problem (ISPO) for a fashion discounter with many branches. Based on a two-stage stochastic programming model with recourse, we develop an exact algorithm and a production-compliant…

最优化与控制 · 数学 2014-02-03 Miriam Kießling , Sascha Kurz , Jörg Rambau

Randomized mechanisms, which map a set of bids to a probability distribution over outcomes rather than a single outcome, are an important but ill-understood area of computational mechanism design. We investigate the role of randomized…

计算机科学与博弈论 · 计算机科学 2009-04-17 Patrick Briest , Shuchi Chawla , Robert Kleinberg , S. Matthew Weinberg

Motivated by applications in e-retail and online advertising, we study the problem of assortment optimization under visibility constraints, that we refer to as APV. Here, we are given a universe of substitutable products and a stream of…

最优化与控制 · 数学 2025-02-18 Theo Barre , Omar El Housni , Marouane Ibn Brahim , Andrea Lodi , Danny Segev

Lately, personalized marketing has become important for retail/e-retail firms due to significant rise in online shopping and market competition. Increase in online shopping and high market competition has led to an increase in promotional…

机器学习 · 计算机科学 2020-10-19 Ankur Verma

We introduce a strategic decision-making problem faced by logistics providers (LPs) seeking facility location decisions that lead to profitable operations. The profitability depends on the revenue generated through agreements with shippers,…

最优化与控制 · 数学 2024-06-13 David Pinzon , Emma Frejinger , Bernard Gendron

We study the assortment optimization problem under general linear constraints, where the customer choice behavior is captured by the Cross-Nested Logit model. In this problem, there is a set of products organized into multiple subsets (or…

最优化与控制 · 数学 2023-04-19 Cuong Le , Tien Mai

Optimizing the assortment of products to display to customers is a key to increasing revenue for both offline and online retailers. To trade-off between exploring customers' preference and exploiting customers' choices learned from data, in…

机器学习 · 计算机科学 2022-04-25 Hongbin Zhang , Yu Yang , Feng Wu , Qixin Zhang

The assortment problem in revenue management is the problem of deciding which subset of products to offer to consumers in order to maximise revenue. A simple and natural strategy is to select the best assortment out of all those that are…

数据结构与算法 · 计算机科学 2019-02-22 Gerardo Berbeglia , Gwenaël Joret

We consider the problem of static assortment optimization, where the goal is to find the assortment of size at most $C$ that maximizes revenues. This is a fundamental decision problem in the area of Operations Management. It has been shown…

统计方法学 · 统计学 2011-08-19 Vivek Farias , Srikanth Jagabathula , Devavrat Shah

Product assortment selection is a critical challenge facing physical retailers. Effectively aligning inventory with the preferences of shoppers can increase sales and decrease out-of-stocks. However, in real-world settings the problem is…

机器学习 · 计算机科学 2024-06-14 Porter Jenkins , Michael Selander , J. Stockton Jenkins , Andrew Merrill , Kyle Armstrong

View materialization, index selection, and plan caching are well-known techniques for optimization of query processing in database systems. The essence of these tasks is to select and save a subset of the most useful candidates…

数据库 · 计算机科学 2025-01-28 Sergey Zinchenko , Denis Ponomaryov

Price differentiation is a common strategy in many markets. In this paper, we study a static multiproduct price optimization problem with demand given by a discrete mixed multinomial logit model. By considering a mixed logit model that…

最优化与控制 · 数学 2023-04-05 Ahmadreza Marandi , Virginie Lurkin

This tutorial is an andragogical guide for students and practitioners seeking to understand the fundamentals and practice of linear programming. The exercises demonstrate how to solve classical optimization problems with an emphasis on…

最优化与控制 · 数学 2024-05-20 Raj Bridgelall

The class of assignment problems is a fundamental and well-studied class in the intersection of Social Choice, Computational Economics and Discrete Allocation. In a general assignment problem, a group of agents expresses preferences over a…

数据结构与算法 · 计算机科学 2021-05-25 Barak Steindl , Meirav Zehavi

Floor planning is an important and difficult task in architecture. When planning office buildings, rooms that belong to the same organisational unit should be placed close to each other. This leads to the following NP-hard mathematical…

计算几何 · 计算机科学 2021-07-13 Jonathan Klawitter , Felix Klesen , Alexander Wolff

Consider the following toy problem. There are $m$ rectangles and $n$ points on the plane. Each rectangle $R$ is a consumer with budget $B_R$, who is interested in purchasing the cheapest item (point) inside R, given that she has enough…

计算机科学与博弈论 · 计算机科学 2012-07-25 Parinya Chalermsook , Khaled Elbassioni , Danupon Nanongkai , He Sun

We propose a nonlinear optimization model for determining the optimum lot size and reorder point for a food item distributed through a cold warehouse as well as the optimum quality features, namely temperature, humidity, packaging type, and…

最优化与控制 · 数学 2024-01-19 Atena Karimi , Omid Ghorbani , Reza Tashakkori , Seyed Hamid Reza Pasandideh , Milad Jasemi

Optimizing delivery routes for last-mile logistics service is challenging and has attracted the attention of many researchers. These problems are usually modeled and solved as variants of vehicle routing problems (VRPs) with challenging…

人工智能 · 计算机科学 2023-03-09 Qian Shao , Shih-Fen Cheng

I study the optimal allocation of positional goods in the presence of externalities arising from consumers' concerns about relative consumption. Applications include luxury goods, priority services, education, and organizational…

理论经济学 · 经济学 2025-10-10 Peiran Xiao