Well File:
- Well Planning ( results)
- Shallow Hazard Analysis ( results)
- Well Plat ( results)
- Wellbore Schematic ( results)
- Directional Survey ( results)
- Fluid Sample ( results)
- Log ( results)
- Density ( results)
- Gamma Ray ( results)
- Mud ( results)
- Resistivity ( results)
- Report ( results)
- Daily Report ( results)
- End of Well Report ( results)
- Well Completion Report ( results)
- Rock Sample ( results)
Srikanth Jagabathula
Assortment Optimization Under the Mallows model
Antoine Desir, Vineet Goyal, Srikanth Jagabathula, Danny Segev
We consider the assortment optimization problem when customer preferences follow a mixture of Mallows distributions. The assortment optimization problem focuses on determining the revenue/profit maximizing subset of products from a large universe of products; it is an important decision that is commonly faced by retailers in determining what to offer their customers. There are two key challenges: (a) the Mallows distribution lacks a closed-form expression (and requires summing an exponential number of terms) to compute the choice probability and, hence, the expected revenue/profit per customer; and (b) finding the best subset may require an exhaustive search. Our key contributions are an efficiently computable closed-form expression for the choice probability under the Mallows model and a compact mixed integer linear program (MIP) formulation for the assortment problem.