This paper discusses a problem in which  decentralized supply chains enter the market simultaneously with no existing rival chains, shape the supply chains’ networks, and set wholesale and retail prices in a noncooperative manner. All the chains produce either identical or highly substitutable products. Customer demand is elastic and price-dependent. A three-step algorithm is proposed to solve ...

We develop shopper, a sequential probabilistic model of market baskets. shopper uses interpretable components to model the forces that drive how a customer chooses products; in particular, we designed shopper to capture how items interact with other items. We develop an efficient posterior inference algorithm to estimate these forces from large-scale data, and we analyze a large dataset from a ...

We consider the problem of shipping a set of products from a single origin (the vendor) to a common destination (the buyer) with the objective of minimizing the sum of the inventory and transportation costs, when a set of shipping frequencies is given and products are assumed to be perishable. We provide a mixed integer linear programming model for the problem and propose the modification of kn...