Sep 18, 2017

Inaugural Lecture and Seminar on Choice-Based Optimization

Seminar on Choice-Based Optimization on Wednesday October18th, 2017 at Department of Transport Systems Management in the University of Applied Sciences Karlsruhe.

Demand is an important quantity in many optimization problems, such as revenue management and supply chain management. Demand usually depends on “supply” (price and availability of products, f.e.) which in turn is decided on in the optimization model. Hence, demand is endogenous to the optimization problem. Choice-based optimization (CBO) merges discrete choice models with math programs. Discrete choice models (DCM) are applied by both - practitioners and researchers - for more than four decades in various fields. DCM describe the choice probabilities of individuals selecting an alternative from a set of available alternatives. CBO determines (i) the availability of the alternatives and/or (ii) the attributes of the alternatives, i.e., the decision variables determine the availability of alternatives and/or the shape of the attributes. We present CBO applications to location planning, supply chain management, product portfolio planning, and revenue management.


11:30 - 12:30
Sven Müller, Karlsruhe University of Applied Sciences:
Choice-Based Optimization - How to merge customers’choices and organizational decisions?
12:30 - 13:15
Lunch Break
13:30 - 14:00
Sylvia He, Chinese University of Hong Kong:
Spatial Planning of Public EV Charging Stations
14:00 - 14:30
Shadi Sharif Azadeh, Erasmus University Rotterdam:
A new MILP formulation for choice-based optimization models
14:30 - 15:00
Coffee Break
15:00 - 15:30
Knut Haase, Hamburg University:
A Pilgrim Scheduling Approach to Increase Public Safety During Hajj
15:30 - 16:00
Robert Dochow, Air Berlin PLC & Co. Luftverkehrs KG:
Online Optimization and Revenue Management
Ab 16:00
Barbecue (optional)

Mittwoch, 18. Oktober 2017
11:30 - 16:00, Vortragssaal Steinbeis-Haus

About the speakers: