Estimating the market shares of stores based on the shopper's search and purchase behavior
Article Abstract:
A model showing the shopper's search and purchase behavior is presented. It is observed that shoppers searching for a particular product visit larger stores first and if the cost of visiting is higher than the product price, they search fewer stores. However, if the price variation in the products is likely to be more then the shoppers tend to visit more shops.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Optimal management of cross-trained workers in services with negligible switching costs
Article Abstract:
Queueing theory, which is used to examine customer waiting time under cross-trained workers of retail facility, is presented.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Cooperation between multiple news-vendors with transshipments
Article Abstract:
Game theory, which is used to examine retailer's management of customer orders, is presented.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Vanguard senior chairman Bogle refuses offer to remain on board. Agilent unveils broad restructuring
- Abstracts: Colgate MaxFresh Clean Mint Crema Dental con Fluoruro. Dove Jabon De Crema Reafirmante Con Colageno
- Abstracts: Barnier Melange Verger Pures Pulpes de Fruits Bonbons. Werther's Original Tendres et Cremeux Toffees. La Pie Qui Chante Gom's Candy
- Abstracts: Have the hair you've always wanted. Pamper yourself radiant with milk and honey! Smart solutions: Quick tips that will save you time and money
- Abstracts: Greenspan success may yield headaches for his successor. Stock investors fall in love again. Fed increases prompt probe for weak links