Data analytics in operations management: A review

VV Mišić, G Perakis - Manufacturing & Service Operations …, 2020 - pubsonline.informs.org
Research in operations management has traditionally focused on models for understanding,
mostly at a strategic level, how firms should operate. Spurred by the growing availability of …

A review of choice-based revenue management: Theory and methods

AK Strauss, R Klein, C Steinhardt - European journal of operational …, 2018 - Elsevier
Over the last fifteen years, the theory and practice of revenue management has experienced
significant developments due to the need to incorporate customer choice behavior. In this …

Assortment optimization under consider-then-choose choice models

A Aouad, V Farias, R Levi - Management Science, 2021 - pubsonline.informs.org
Consider-then-choose models, borne out by empirical literature in marketing and
psychology, explain that customers choose among alternatives in two phases, by first …

Near-optimal bayesian online assortment of reusable resources

Y Feng, R Niazadeh, A Saberi - … of the 23rd ACM Conference on …, 2022 - dl.acm.org
Motivated by the applications of rental services in e-commerce, we consider revenue
maximization in online assortment of reusable resources for a stream of arriving consumers …

Lagrangian inference for ranking problems

Y Liu, EX Fang, J Lu - Operations research, 2023 - pubsonline.informs.org
We propose a novel combinatorial inference framework to conduct general uncertainty
quantification in ranking problems. We consider the widely adopted Bradley-Terry-Luce …

Exact first-choice product line optimization

D Bertsimas, VV Mišić - Operations Research, 2019 - pubsonline.informs.org
A fundamental problem faced by firms is that of product line design: given a set of candidate
products that may be offered to a collection of customers, what subset of those products …

Constrained assortment optimization under the Markov chain–based choice model

A Désir, V Goyal, D Segev, C Ye - Management Science, 2020 - pubsonline.informs.org
Assortment optimization is an important problem that arises in many practical applications
such as retailing and online advertising. The fundamental goal is to select a subset of items …

Data‐driven research in retail operations—A review

M Qi, HY Mak, ZJM Shen - Naval Research Logistics (NRL), 2020 - Wiley Online Library
We review the operations research/management science literature on data‐driven methods
in retail operations. This line of work has grown rapidly in recent years, thanks to the …

The exponomial choice model for assortment optimization: An alternative to the MNL model?

A Aouad, J Feldman, D Segev - Management Science, 2023 - pubsonline.informs.org
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 …

Decision forest: A nonparametric approach to modeling irrational choice

YC Chen, VV Mišić - Management Science, 2022 - pubsonline.informs.org
Customer behavior is often assumed to follow weak rationality, which implies that adding a
product to an assortment will not increase the choice probability of another product in that …