2001 Fiscal Year Final Research Report Summary
Mathematical models for Business Strategies and their Verifications
| Project/Area Number |
12680458
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
社会システム工学
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| Research Institution | University of Marketing & Distribution Sciences |
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Principal Investigator |
SANDOH Hiroaki University of Marketing & Distribution Sciences Dept. of Information & Management Sciences, 情報学部, 教授 (40167440)
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| Co-Investigator(Kenkyū-buntansha) |
LARKE Roy University of Marketing & Distribution Sciences Dept. of Marketing & Distribution Sciences, 商学部, 教授 (40248167)
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| Project Period (FY) |
2000 – 2001
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| Keywords | Retailing / Scientific business strategies / Sales test policy / Inventory-taking / Special display goods / Extension contract of a warranty period |
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| Research Abstract |
This study has built mathematical models for solving the following three kinds of problems associated with retail strategies:
● How can we distinguish fast moving products from slow moving products in relatively short term?
● What is the adequate frequency of inventory-taking?
● What is the optimal order quantity for special display goods?
● What is the adequate price for extending warranty period?
For the first problem in the above, this study proposed a mathematical model and verified its effectiveness based on the actual data collected from a convenience storer.
For the second problem, two kinds of mathematical models were developed and their verifications were carried out on the basis of the interview results to a supermarket manager.
For the third problem, we clarified factors that makes deviation of inventory record, and then proposed a mathematical model taking these factors into consideration. For the final problem, we regarded the extension problem of a warranty period as a game between a retailer and a customer and obtained an equilibrium for the additional fee.
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