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Learning from Historical Transactions: Robust Supplier Pricing and Stocking with Sparse Data

Chen, Zhiqiang
arXiv (All) · Papers
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optimization-and-control
Upstream suppliers often set wholesale prices and reserve capacity without direct access to the detailed demand information held by downstream retailers. We study how a supplier can learn from a short history of wholesale prices, the retail prices subsequently chosen by a better-informed retailer, a
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