6月25日“商学大讲堂“系列学术讲座(133)——J. George Shanthikumar:Dynamic Pricing under Lost Sales

6月25日“商学大讲堂“系列学术讲座(133)——J. George Shanthikumar:Dynamic Pricing under Lost Sales

讲座题目:1、DynamicPricingunderLostSales2、OperationalDataAnalytics:ANewsvendorApplication主讲嘉宾:1、,PurdueUniversity2、ProfessorQiAnnabelleFeng,PurdueUniversity讲座时间:2019年6月25日(星期二)9:00—12:00讲座地点:商学院116东方厅欢迎感兴趣的老师和同学参加!KrannertSchoolofManagement,ing,modeluncertaintyandlearning,productionsystems,queueingtheory,reliability,scheduling,semiconductoryieldmanagement,—StochasticModelsofManufacturingSystems()andStochasticOrdersandTheirApplicationsandStochasticOrders(withMosheShaked).HehasextensivelyconsultedforvariouscompaniessuchasIBM,,onsManagementatKrannertSchoolofManagement,’’sprocurementplanninginuncertainenvironmentandmultiplefirms’,StochasticsandOptimizationforProductionandOperationsManagement,theDepartmentEditorofSupplyChainManagementforFlexibleManufacturingandServiceJournal,onin2009,theFranzEdelmanAwardin2009,theWickhamSkinnerEarly-CareerResearchAccomplishmentAwardin2012,,yetns,theexistinganalysesarestilllimitedtoeithersingle-periodorlong-termstationaoblem,poin,weshowthat,underverygeneralconditionsonthestochasticdemandfunction,theobjectivefunctionisconcavealongtheoptimalpricepa,however,,wederiveasetofconditionsonthedemandfunctionunderwhichthedynamicproblemisconcavealongtheoptimal,thoughnotalwaysoptimal,rylevel,weidentifyaboundedsetofdecreasingpricepaths,singpricepathdoesnotleadtoasignificantoptimalitygap—Theoptimalpricepathisindeeddecreasinginmostinstancesand,evenwhenitisnot,,anincreasingattentionispaidtod(ODA),wefocusonthesituationwherewehavefullstructuralknowledgalstatistics(,thedecisionasastatisticsofthedata)andtheva,whichdoesnotoptimizetheactualperformancemeasure,theODAapproachsignificantlyimprovesdecisionqualityespeciallywhenthedataislimited.。