Capacity Constrained Assortment Optimization Under the Markov Chain Based Choice Model
نویسندگان
چکیده
منابع مشابه
Capacity Constrained Assortment Optimization under the Markov Chain based Choice Model
Assortment optimization is an important problem that arises in many practical applications such as retailing and online advertising. In such settings, the goal is to select a subset of items to offer from a universe of substitutable items in order to maximize expected revenue when consumers exhibit a random substitution behavior. We consider a capacity constrained assortment optimization proble...
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Assortment optimization problems arise widely in many practical applications such as retailing and online advertising. In this problem, the goal is to select a subset from a universe of substitutable items to offer to customers in order to maximize the expected revenue. The demand of any item depends on the substitution behavior of the customers that is captured mathematically by a choice model...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2626484