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Motivated by applications in retail, online advertising, and cultural markets, this paper studies the problem of finding an optimal assortment and positioning of products subject to a capacity constraint in a setting where consumers preferences can be modeled as a discrete choice under a multinomial logit model that captures the intrinsic product appeal, position biases, and social influence. For...
We deal with the problem of an investor who is using a mean-risk model for accessing efficiency of investment opportunities. Our investor employs value at risk on several risk levels at the same time which corresponds to the approach called risk shaping. We review several data envelopment analysis (DEA) models which can deal with negative data. We show that a diversification–consistent extension of...
We consider bi-criteria scheduling problems on a single machine with release dates and rejections and both the makespan and the total rejection cost have to be minimized. We consider three scenarios: (1) minimize the sum of the two objectives: makespan and total rejection cost, (2) minimize the makespan subject to a bound on the total rejection cost and (3) minimize the total rejection cost subject...
This is a survey on the infinite group problem, an infinite-dimensional relaxation of integer linear optimization problems introduced by Ralph Gomory and Ellis Johnson in their groundbreaking papers titled Some continuous functions related to corner polyhedra I, II (Math Program 3:23–85, 359–389, 1972a, b). The survey presents the infinite group problem in the modern context of cut generating functions...
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