We study a family of stylized dynamic assortment planning problems, where for each arriving customer, the seller offers an assortment of substitutable products and customer makes the purchase among offered products according to a discrete choice model. This paper considers two popular choice...

Process flexibility has been widely adopted as an effective strategy to improve responsiveness to demand uncertainty. Many algorithms for constructing sparse flexibility designs with good theoretical guarantees have been developed for balanced and symmetrical production systems, which assume...

We study the problem of how to design a sparse flexible process structure in a balanced and symmetrical production system to match supply with random demand more effectively. Our goal is to provide an optimal design, i.e., the sparsest design, to achieve (1-ε)-optimality relative to the fully...

Price discrimination, which refers to the strategy of setting different prices for different customer groups, has been widely used in online retailing. Although it helps boost the collected revenue for online retailers, it might create serious concern in fairness, which even violates the...