A Marginal Revenue Approach to Bidding in TAC SCM
نویسنده
چکیده
We describe two strategies for bidding on customer RFQs in the Supply Chain Management Trading Agent Competition. The first strategy, used by Botticelli in previous years, is to model and solve the problem as integer linear program. The second strategy is a greedy algorithm where customer demand is scheduled according to the predicted marginal profit. Both strategies have been implemented in the Botticelli agent. We consider the problem of bidding on today’s RFQs with and without knowledge of the future customer demand. Simulation results for various demand scenarios are presented.
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