复旦大学管科系系列讲座第153期预告
发表时间:2015-11-26 18:00 作者:admin 来源:未知 阅读量:
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复旦大学管科系系列讲座第153期预告
时间：2015年12月16日（周三）13:30
地点：史带楼502
主持人:戴悦
演讲嘉宾： Xiuli Zhao, Department of Industrial and Operations Engineering, University of Michigan,
Title： Nonparametric Algorithm for Joint Pricing and Inventory control with Lost-Sales and Censored Demand
Abstract：We consider the classic joint pricing and inventory control problem with lost-sales and censored demand in which the customer response to selling price and the demand distribution is unknown to the firm a priori. The major difficulty in this problem lies in that, the estimate of the expected profit function from data can never be unimodal, even though the expected profit function is concave. We develop a data-driven algorithm that conducts active exploration and exploitation in carefully designed cycles, and show it converges to the optimal policy when the planning horizon becomes long. The regret rate of the algorithm is also given. This is a joint work with Beryl Chen and Cong Shi.
