Engineering an Agent-based System for Product Pricing Automation

Benders decomposition for Supply Chain Network Redesign with Capacity planning and Multi-Period Pricing

Managing income is a considerable dimension in supply chain management in current economic atmosphere. Real world situation makes it inevitable not to design or redesign supply chain. Redesign will take place as costs increase or new services for customers’ new demands should be provided. Pricing is an important fragment of Supply chain due to two reasons: first, represents revenue based ...

Agent-Based Modeling of Day-Ahead Real Time Pricing in a Pool-Based Electricity Market

In this paper, an agent-based structure of the electricity retail market is presented based on which day-ahead (DA) energy procurement for customers is modeled. Here, we focus on operation of only one Retail Energy Provider (REP) agent who purchases energy from DA pool-based wholesale market and offers DA real time tariffs to a group of its customers. As a model of customer response to the offe...

Revenue management and seller pricing decisions in retail industry: An agent-based model

Artificial Intelligence for Inferential Control of Crude Oil Stripping Process

Stripper columns are used for sweetening crude oil, and they must hold product hydrogen sulfide content as near the set points as possible in the faces of upsets. Since product    quality cannot be measured easily and economically online, the control of product quality is often achieved by maintaining a suitable tray temperature near its set point. Tray temperature control method, however, is n...

Automated Product Pricing Using Argumentation

This paper describes an argumentation-based approach for automating the decision making process of an autonomous agent for pricing products. Product pricing usually involves different decision makers with different possibly conflicting points of view. Moreover, when considering firms in the retail business sector, they have hundreds or thousands of products to apply a pricing policy. Our approa...