On Wednesday, 2021-04-21, Prof. Weili XUE [薛巍立] of Southeast University [东南大学] gave his invited talk "Operations Management under Consumer Choice Models with Multiple Purchases." The talk showed that the profit of a company can significantly be improved if they consider that customers may purchase more than one item of a given product and that the amount and product they purchase depends on the pricing and utility. Such considerations are important both in online sales as well as for brick-and-mortar stores. We are deeply thankful for this very nice and insightful talk and for the inspiring discussion thereafter. On the same day, we also hosted invited talks by Prof. Min LI [李敏] (Nanjing University) and Assoc. Prof. Vincent Chau (Southeast University).
Research Talk by Prof. Weili XUE [薛巍立]: Operations Management under Consumer Choice Models with Multiple Purchases [2021-04-21]
- Written by: Thomas Weise