Dynamic pricing and discounts by means of interactive presentation systems in stationary point of sales
This addresses profitability optimization for stationary retail points of sale, but appears incremental as it applies existing simulation methods to a specific domain.
The paper tackled the problem of optimizing discount recommendations for customers using an interactive presentation system at a point of sale, by creating a model and simulating profitability conditions, running 90 million simulations in Python with SymPy.
The main purpose of this article was to create a model and simulate the profitability conditions of an interactive presentation system (IPS) with the recommender system (RS) used in the kiosk. 90 million simulations have been run in Python with SymPy to address the problem of discount recommendation offered to the clients according to their usage of the IPS.