Frontiers in Service Science: Data-Driven Revenue Management: The Interplay of Data, Model, and Decisions
Revenue management (RM) is the application of analytical methodologies and tools that
predict consumer behavior and optimize product availability and prices to maximize a firm's …
predict consumer behavior and optimize product availability and prices to maximize a firm's …
Consumer choice models and estimation: A review and extension
Q Feng, JG Shanthikumar… - Production and …, 2022 - journals.sagepub.com
Choice models are widely applied in psychology, economics, transportation, marketing, and
operations studies. We review the existing developments on the modeling of consumers' …
operations studies. We review the existing developments on the modeling of consumers' …
Online assortment optimization with reusable resources
We consider an online assortment optimization problem where we have n substitutable
products with fixed reusable capacities c 1,…, cn. In each period t, a user with some …
products with fixed reusable capacities c 1,…, cn. In each period t, a user with some …
The exponomial choice model for assortment optimization: An alternative to the MNL model?
In this paper, we consider the yet-uncharted assortment optimization problem under the
exponomial choice model, in which the objective is to determine the revenue-maximizing set …
exponomial choice model, in which the objective is to determine the revenue-maximizing set …
[HTML][HTML] Recent advances in integrating demand management and vehicle routing: A methodological review
In logistics and mobility services, new business models such as “attended home
delivery”,“same-day delivery”, and “mobility-on-demand” have been successfully …
delivery”,“same-day delivery”, and “mobility-on-demand” have been successfully …
The Click-Based MNL Model: A Framework for Modeling Click Data in Assortment Optimization
We introduce the click-based MNL choice model, a framework for capturing customer
purchasing decisions in e-commerce settings. Specifically, we augment the classical …
purchasing decisions in e-commerce settings. Specifically, we augment the classical …
Assortment optimization: a systematic literature review
J Heger, R Klein - OR Spectrum, 2024 - Springer
Assortment optimization is a core topic of demand management that finds application in a
broad set of different areas including retail, airline, hotel, and transportation industries as …
broad set of different areas including retail, airline, hotel, and transportation industries as …
Multitrip vehicle routing with delivery options: A data-driven application to the parcel industry
L Janinhoff, R Klein, D Scholz - OR Spectrum, 2024 - Springer
To make the last mile of parcel delivery more efficient, service providers offer an increasing
number of modes of delivery as alternatives to the traditional and often cost-intensive home …
number of modes of delivery as alternatives to the traditional and often cost-intensive home …
Representing random utility choice models with neural networks
Motivated by the successes of deep learning, we propose a class of neural network-based
discrete choice models, called RUMnets, inspired by the random utility maximization (RUM) …
discrete choice models, called RUMnets, inspired by the random utility maximization (RUM) …
Route-based approximate dynamic programming for dynamic pricing in attended home delivery
S Koch, R Klein - European Journal of Operational Research, 2020 - Elsevier
Attended home delivery describes the delivery of goods by e-grocers or e-tailers to
customers within an agreed time window. Because customers expect narrow time windows …
customers within an agreed time window. Because customers expect narrow time windows …