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Spring 2009 Seminar Series
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
OPERATIONS RESEARCH CENTER
SPRING 2009 SEMINAR SERIES
DATE: April 9th
LOCATION: E51-057
TIME: 4:15pm
Reception immediately following in the ORC ConferenceRoom, E40-106
TITLE
The Joint Replenishment Problem and Polymatroid Optimization
ABSTRACT
We present two results regarding polymatroid optimization. The first result is regarding the problem of maximizing a separable concave function over a polymatroid. We analyze the submodularity of its optimal objective value in the parameters of the objective function. In the second result, we present a solution, which has a simple expression, to maximize a class of d-Schur concave functions over a polymatroid. Both results have been motivated by a cooperative game associated with the well-known joint replenishment problem. We also present other applications of the results.
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