1.

Record Nr.

UNINA9910595059703321

Titolo

The Elements of Joint Learning and Optimization in Operations Management / / edited by Xi Chen, Stefanus Jasin, Cong Shi

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2022

ISBN

3-031-01926-1

Edizione

[1st ed. 2022.]

Descrizione fisica

1 online resource (444 pages)

Collana

Springer Series in Supply Chain Management, , 2365-6409 ; ; 18

Disciplina

658.7

658.5

Soggetti

Production management

System theory

Big data

Business information services

Operations Management

Complex Systems

Big Data

IT in Business

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Part 1: Generic Tools -- Chapter 1: The Stochastic Multi-armed Bandit Problem -- Chapter 2: Reinforcement Learning -- Chapter 3: Optimal Learning and Optimal Design -- Part 2: Price Optimization -- Chapter 4: Dynamic Pricing with Demand Learning: Emerging Topics and State of the Art -- Chapter 5: Learning and Pricing with Inventory Constraints -- Chapter 6: Dynamic Pricing and Demand Learning in Nonstationary Environments -- Chapter 7: Pricing with High-Dimensional Data -- Part 3: Assortment Optimization -- Chapter 8: Nonparametric Estimation of Choice Models -- Chapter 9: The MNL-Bandit Problem -- Chapter 10: Dynamic Assortment Optimization: Beyond MNL Model -- Part 4: Inventory Optimization -- Chapter 11: Inventory Control with Censored Demand -- Chapter 12: Joint Pricing and Inventory Control with Demand Learning -- Chapter 13: Optimization in the Small-Data, Large-Scale Regime -- Part 5: Healthcare Operations -- Chapter 14:



Bandit Procedures for Designing Patient-Centric Clinical Trials -- Chapter 15: Dynamic Treatment Regimes.

Sommario/riassunto

This book examines recent developments in Operations Management, and focuses on four major application areas: dynamic pricing, assortment optimization, supply chain and inventory management, and healthcare operations. Data-driven optimization in which real-time input of data is being used to simultaneously learn the (true) underlying model of a system and optimize its performance, is becoming increasingly important in the last few years, especially with the rise of Big Data.