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Environmental implications for online retailing

Carrillo, Janice E.; Vakharia, Asoo J.; Wang, Ruoxuan - In: European Journal of Operational Research 239 (2014) 3, pp. 744-755

Recent press has highlighted the environmental benefits associated with online shopping, such as emissions savings from individual drivers, economies of scale in package delivery, and decreased inventories. We formulate a dual channel model for a retailer who has access to both online and...

Persistent link: https://www.econbiz.de/10010906805

Optimal inventory management for a retail chain with diverse store demands

Agrawal, Narendra; Smith, Stephen A. - In: European Journal of Operational Research 225 (2013) 3, pp. 393-403

Item demands at individual retail stores in a chain often differ significantly, due to local economic conditions, cultural and demographic differences and variations in store format. Accounting for these variations appropriately in inventory management can significantly improve retailers’...

Persistent link: https://www.econbiz.de/10010871106

Should retail stores also RFID-tag ‘cheap’ items?

Piramuthu, Selwyn; Wochner, Sina; Grunow, Martin - In: European Journal of Operational Research 233 (2014) 1, pp. 281-291

Despite their implementations in a wide variety of applications, there are very few instances where every item sold at a retail store is RFID-tagged. While the business case for expensive items to be RFID tagged may be somewhat clear, we claim that even ‘cheap’ items (i.e., those that cost...

Persistent link: https://www.econbiz.de/10010871189

Demand seasonality in retail inventory management

Ehrenthal, J.C.F.; Honhon, D.; Van Woensel, T. - In: European Journal of Operational Research 238 (2014) 2, pp. 527-539

. We consider a single-location, single-item periodic review lost sales inventory problem with seasonal demand in a retail …

Persistent link: https://www.econbiz.de/10010785318

The value of competitive information in forecasting FMCG retail product sales and the variable selection problem

Huang, Tao; Fildes, Robert; Soopramanien, Didier - In: European Journal of Operational Research 237 (2014) 2, pp. 738-748

Sales forecasting at the UPC level is important for retailers to manage inventory. In this paper, we propose more effective methods to forecast retail UPC sales by incorporating competitive information including prices and promotions. The impact of these competitive marketing activities on the...

Persistent link: https://www.econbiz.de/10011097804

Pricing to accelerate demand learning in dynamic assortment planning for perishable products

Talebian, Masoud; Boland, Natashia; Savelsbergh, Martin - In: European Journal of Operational Research 237 (2014) 2, pp. 555-565

Retailers, from fashion stores to grocery stores, have to decide what range of products to offer, i.e., their product assortment. Frequent introduction of new products, a recent business trend, makes predicting demand more difficult, which in turn complicates assortment planning. We propose and...

Persistent link: https://www.econbiz.de/10011097836

Pricing and assortment decisions for a manufacturer selling through dual channels

Rodríguez, Betzabé; Aydın, Göker - In: European Journal of Operational Research 242 (2015) 3, pp. 901-909

In many supply chains, the manufacturer sells not only through an independent retailer, but also through its own direct channel. This work studies the pricing and assortment decisions in such a supply chain in the presence of inventory costs. In our model, the retailer offers a subset of the...

Persistent link: https://www.econbiz.de/10011190770

Return-on-investment (ROI) criteria for network design

Menezes, Mozart B.C.; Kim, Seokjin; Huang, Rongbing - In: European Journal of Operational Research 245 (2015) 1, pp. 100-108

We develop a model for optimal location of retail stores on a network. The objective is to maximize the total profit of … the network subject to a minimum ROI (or ROI threshold) required at each store. Our model determines the location and … application of our model to location of retail stores operating as an M/M/1/K queue and show the joint concavity of a store …

Persistent link: https://www.econbiz.de/10011264297

Sequential competitive location on networks

Kress, Dominik; Pesch, Erwin - In: European Journal of Operational Research 217 (2012) 3, pp. 483-499

We present a survey of recent developments in the field of sequential competitive location problems, including the … closely related class of voting location problems, i.e. problems of locating resources as the result of a collective election …

Persistent link: https://www.econbiz.de/10010871070

Public facility location using dispersion, population, and equity criteria

Batta, Rajan; Lejeune, Miguel; Prasad, Srinivas - In: European Journal of Operational Research 234 (2014) 3, pp. 819-829

criteria. An empirical investigation is conducted to obtain appropriate values for these parameters. From a location science … perspective, a new location model that accounts for equity and efficiency simultaneously is studied and analyzed. Specifically …

Persistent link: https://www.econbiz.de/10010871220