New results for the Coupon Collector's problem with swapping and replacement
Niklas Braband, Sonja Braband (Gymnasium Neue Oberschule,, Braunschweig, Germany), Malte Braband (Technische Universit\"at,, Braunschweig, Germany)

TL;DR
This paper investigates the Coupon Collector's Problem with replacement and swapping, revealing that key ratios depend mainly on the percentage of replacement stickers and the number of collectors, enabling cost estimation without full simulation.
Contribution
It provides new simulation-based results and a proof for a specific case, showing how replacement and swapping influence collection costs and variances.
Findings
Ratios depend mainly on replacement percentage and number of collectors
Cost and variance estimations are possible via simple calculations and tables
Asymptotically, replacement has a stronger effect than swapping
Abstract
This paper focuses on the Coupon Collector's Problem with replacement (limited purchasing of missing stickers) and swapping. We have simulated combined strategies and found new results, which we were able to prove for a particular case. The ratio of the average number of stickers needed to fill the album by the album size (number of different stickers needed) and the number of collectors as well as the ratio of the variance and the album size depend approximately only on the percentage of replacement stickers (the limited number of stickers that can be bought directly from the vendor) and the number of collectors, but not on the total album size. Thus collectors can estimate the average cost of completion of an album and its standard deviation just based on basic calculations and a table lookup. Additionally we could show that asymptotocally the effect of replacement is stronger than…
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Taxonomy
TopicsConsumer Market Behavior and Pricing · Supply Chain and Inventory Management · Optimization and Search Problems
