OMGPT reframes operational decision problems as sequence prediction of optimal actions and shows that a pretrained transformer can beat classical online algorithms in simulated pricing, inventory, queueing, and revenue management tasks.
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OMGPT: A Sequence Modeling Framework for Data-driven Operational Decision Making
OMGPT reframes operational decision problems as sequence prediction of optimal actions and shows that a pretrained transformer can beat classical online algorithms in simulated pricing, inventory, queueing, and revenue management tasks.