Radio Frequency Identification (RFID) emerged as an important technology with the ability to improve the efficiency and accuracy of object tracking. It has brought cost savings and added value to a wide variety of fields. Retail inventory management system is one of the beneficial fields. In order to better satisfy customers and to improve profit, retailers demand high accuracy in inventory man...

A distributed data center cluster (DDCC) consists of centers that are geographically dispersed while managed by the same company. DDCC is composed several in different regions, so it purchases electricity from retailers regions. Commonly, there a lack cooperation between retailers. In this paper, framework where cooperatively implement incentive-based demand response (DR) to proposed. Firstly, ...

We propose a stochastic optimization model for the Multiperiod Multiproduct Advertising Budgeting problem, so that the expected profit of the advertising investment is maximized. The model is a convex optimization problem that can readily be solved by plain use of standard optimization software. It has been tested for planning a realistic advertising campaign. In our case study, the expected pr...

In response to the decision-making problem of a secondary supply chain system composed manufacturers and retailers, optimal strategy master-slave game was studied, considering carbon emissions reduction. We compared analyzed differences in strategies with without coordination mechanisms, explored impact sensitivity on strategy. Research has shown that profit retailers under mechanisms is greate...

Motivated by the practices that many small and middle-sized enterprises (SME) retailers have financial constraints due to their limited budget financing access, this paper studies manufacturer’s strategy (i.e., trade credit versus vertical merger with a capital-constrained retailer) in supply chain two asymmetric retailers. We first compare equilibrium profits under different modes find if capi...

summary This study provides a model-based approach for implementing retail category management with a focus on markup decisions. We develop a reduced form Bayesian econometric model that captures price and sales variation for a retail chain. Based on this model, we derive the optimal retail markups on individual brands within a product category by maximizing the total category profit over a fin...

This paper discusses how a vendor manages multiple products within its multiple non-identical retailers operating under a vendor managed inventory (VMI) contract that allows unequal shipment frequencies to the retailers. The vendor replenishment cycle for each product is taken to be an integer multiple of the retailer replenishment cycle where vendor is penalized for exceeding the upper stock l...

Classical theories of the firm assume access to reliable signals to measure the causal impact of choice variables on profit. For advertising expenditure we show, using twenty-five online field experiments (representing $2.8 million) with major U.S. retailers and brokerages, that this assumption typically does not hold. Statistical evidence from the randomized trials is very weak because individ...