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In this paper, we consider a personalized assortment planning problem under inventory constraints, where the type of each arriving customer is defined by a primary item of interest. As long as that item is in stock, the customer adds it to her shopping cart, at which point the retailer can...
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We study a general problem of allocating limited resources to heterogeneous customers over time, under model uncertainty. Each type of customer can be serviced using different actions, each of which stochastically consumes some combination of resources, and returns different rewards for the...
Persistent link: https://www.econbiz.de/10012912567
We consider an assortment optimization problem where a customer chooses a single item from a sequence of sets shown to her, while limited inventories constrain the items offered to customers over time. In the special case where all of the assortments have size one, our problem captures the...
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Problem definition: We study the dynamic fulfillment problem in e-commerce, in which incoming (multi-item) customer orders must be immediately dispatched to (a combination of) fulfillment centers that have the required inventory. Methodology/results: A prevailing approach to this problem,...
Persistent link: https://www.econbiz.de/10014328849
When building datasets, one needs to invest time, money and energy to either aggregate more data or to improve their quality. The most common practice favors quantity over quality without necessarily quantifying the trade-off that emerges. In this work, we study data-driven contextual...
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