Similar Search Results

Particle Swarm Optimization for Optimal Product Line Design

Tsafarakis, Stelios; Marinakis, Ioannis; Matsatsinis, … - 2010

concepts from game theory to illustrate how the algorithm can be extended to incorporate retaliatory actions from competitors …

Persistent link: https://www.econbiz.de/10014045227

Designing Optimal Products : Algorithms and Systems

Tsafarakis, Stelios; Matsatsinis, Nikolaos - 2010

The high cost of a product failure makes it imperative for a company to assess the market penetration of a new product at its early design. In this context, the Optimal Product Line Design problem was formulated thirty five years ago, and remains a significant research topic in the area of...

Persistent link: https://www.econbiz.de/10014045236

Dynamics and Optimization of a Distributed Sales-Advertising Model

Seidman, Thomas I.; Sethi, Suresh; Derzko, N. A. - 2017

A general sates-advertising model is developed in which the state of the system represents a population distribution over a parameter space. With appropriate interpretations, this can include income, family size, geographic distributions, etc. Effects of information diffusion, interaction, and...

Persistent link: https://www.econbiz.de/10014219070

The Algorithm of Modelling and Analysis of Latent Semantic Relations : Linear Algebra vs. Probabilistic Topic Models

Rizun, Nina - 2019

This paper presents the algorithm of modelling and analysis of Latent Semantic Relations inside the argumentative type of documents collection. The novelty of the algorithm consists in using a systematic approach: in the combination of the probabilistic Latent Dirichlet Allocation (LDA) and...

Persistent link: https://www.econbiz.de/10012898677

Robust Optimization of the 0-1 Knapsack Problem - Balancing Risk and Return in Assortment Optimization

Rooderkerk, Robert P. - 2015

, for every category in every store, the assortment that maximizes (expected) category profit. Adding to the complexity of … the assortment offers an expected return, there is also uncertainty around its expected demand and profit contribution …

Persistent link: https://www.econbiz.de/10013013958

Optimizing Retail Assortments

Rooderkerk, Robert P. - 2013

Retailers face the problem of finding the assortment that maximizes category profit. This is a challenging task … scalable assortment optimization method that allows for theory-based substitution patterns, and that optimizes real-life, large … profit considerably (37.3%), which increases to 43.7% when SKU prices are optimized simultaneously …

Persistent link: https://www.econbiz.de/10013079821

Exact First-Choice Product Line Optimization

Bertsimas, Dimitris; Mišić, Velibor - 2021

offered to a collection of customers, what subset of those products should be offered so as to maximize the profit that is …

Persistent link: https://www.econbiz.de/10013221597

Deterministic and Stochastic Optimization of a Dynamic Advertising Model

Sethi, Suresh - 2014

This paper considers a variation of the Vidale-Wolfe advertising model for which the maximum value of the objective function and the form of the optimal feedback advertising control are identical in both a deterministic and a stochastic environment. The stochastic environment is due to a white...

Persistent link: https://www.econbiz.de/10012751673

A Heuristic Approach to Explore : The Value of Perfect Information

Shahrokhi Tehrani, Shervin - 2019

How do people make choices in a dynamic stochastic environment when they face uncertainty about the return of their choices? The classical approach to this problem is to assume consumers use dynamic programming to obtain the optimal decision rule. However, this approach has two drawbacks. First,...

Persistent link: https://www.econbiz.de/10012870784

Dynamics of Buyer-Supplier Co-Dependency for Optimizing Functional Efficiency

Rajagopal, Dr - 2010

The performance related issues of buyer-supplier relationship have attracted both the academic and corporate managers. The study attempts to make theoretical contributions to the literature on relationships in marketing channels. Compared with the impact of the often-investigated construct of...

Persistent link: https://www.econbiz.de/10012760282