• 제목/요약/키워드: Retail cost

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Performance Evaluation of a Feature-Importance-based Feature Selection Method for Time Series Prediction

  • Hyun, Ahn
    • Journal of information and communication convergence engineering
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    • 제21권1호
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    • pp.82-89
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    • 2023
  • Various machine-learning models may yield high predictive power for massive time series for time series prediction. However, these models are prone to instability in terms of computational cost because of the high dimensionality of the feature space and nonoptimized hyperparameter settings. Considering the potential risk that model training with a high-dimensional feature set can be time-consuming, we evaluate a feature-importance-based feature selection method to derive a tradeoff between predictive power and computational cost for time series prediction. We used two machine learning techniques for performance evaluation to generate prediction models from a retail sales dataset. First, we ranked the features using impurity- and Local Interpretable Model-agnostic Explanations (LIME) -based feature importance measures in the prediction models. Then, the recursive feature elimination method was applied to eliminate unimportant features sequentially. Consequently, we obtained a subset of features that could lead to reduced model training time while preserving acceptable model performance.

브랜드 선호에 따라 제휴 로열티 프로그램 가입이 가맹점 브랜드 충성도에 미치는 영향 (Effects of Joining Coalition Loyalty Program : How the Brand affects Brand Loyalty Based on Brand Preference)

  • 이진화
    • 한국유통학회지:유통연구
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    • 제17권1호
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    • pp.87-115
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    • 2012
  • 제휴 로열티 프로그램(coalition loyalty program; 이하 CLP라고 한다)이란 하나의 로열티 프로그램 안에 다수의 제휴 기업들이 참여하며, 이들과 독립된 (로열티 프로그램 운영)기업이 관리하는 로열티 프로그램으로 정의된다(Blattberg 등 2008). 본 연구의 목적은 고객의 브랜드에 대한 사전 선호 수준에 따라, CLP가 고객 충성도를 증가시키는 원인과 제휴 네트워크 안의 주체 간 인식의 전이에 차이가 있을 것임을 밝히는 데에 있다. 고객 충성도의 동기는 전환장벽(switching barrier) 관점(Balabanis 등 2006; Colgate와 Lang 2001; Jones 등 2000)에 따라 자발적인 이유(브랜드 매력도)와 비자발적 이유 (브랜드 전환비용)로 설명하였다. CLP안에서 브랜드(비선호)-CLP-브랜드(선호)간 전이효과(spillover effect)는 인지적 일관성(Aaker과 Keller 1990; Hamilton 등 1989)과 정보 통합 이론(Anderson 1981; Simon과 Ruth 1998)을 적용하였다. 연구 결과는 다음 세 가지로 학문적 실무적 의의를 갖는다. 첫째, 브랜드에 대한 사전 태도에 따라 정보처리 경향이 달라진다는 소비자 행동 연구의 견해를 CLP 제휴 상황에서 검증하였다. 고객은 브랜드 선호가 높을수록 자발적 동기를 강화하고, 반대의 경우 비자발적 동기를 강화한다. 둘째, 브랜드에 대한 사전 태도가 해당 브랜드와 연관된 주체 간 인식 전이에 긍정적 조절효과를 함을 검증하였다. 즉 선호 브랜드와 어떤 주체가 연관될 때(비선호 브랜드와 연관된 경우에 비해) 인식의 전이가 더 많이 발생한다. 셋째, 기업이 CLP가입에 대한 전략적 선택을 할 때 마케팅 목적에 따라 고려해야할 사항이 달라진다. 기업의 목적이 충성고객의 유지라면, 로열티 프로그램 자체의 보상 방식과 활용 방식 등이 고려되어야한다. 하지만 목적이 비충성고객의 확보라면, 유명 브랜드의 제휴 여부를 따져야 한다. 또한 기업은 CLP의 효과(브랜드 충성도)에 안주할 것이 아니라 그 원인을 알아야 하는데, 비선호 브랜드처럼 비자발적 동기 강화에 따른 충성도 증가는 장기적으로 바람직하지 못하다는 견해가 있다(Egans 2001).

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다단계 SCM 환경에서 품절을 고려한 최적의 제품가격 및 재고정책 결정 (A Combined Approach of Pricing and (S-1, S) Inventory Policy in a Two-Echelon Supply Chain with Lost Sales Allowed)

  • 성창섭;박선후
    • 대한산업공학회지
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    • 제30권2호
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    • pp.146-158
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    • 2004
  • This paper considers a continuous-review two-echelon inventory control problem with one-to-one replenishment policy incorporated and with lost sales allowed where demand arrives in a stationary Poisson process. The problem is formulated using METRIC-approximation in a combined approach of pricing and (S-l, S) inventory policy, for which a heuristic solution algorithm is derived with respect to the corresponding one-warehouse multi-retailer supply chain. Specifically, decisions on retail pricing and warehouse inventory policies are made in integration to maximize total profit in the supply chain. The objective function of the model consists of sub-functions of revenue and cost (holding cost and penalty cost). To test the effectiveness and efficiency of the proposed algorithm, numerical experiments are performed with two cases. The first case deals with identical retailers and the second case deals with different retailers with different market sizes. The computational results show that the proposed algorithm is efficient and derives quite good decisions.

RFID 도입에 대한 프로세스 중심 비용편익분석 모형 및 툴 개발 (Development of a Process Centered RFID Cost-Benefit Analysis Model and Tool)

  • 정지훈;이용한
    • 한국전자거래학회지
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    • 제13권3호
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    • pp.173-188
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    • 2008
  • RFID 기술의 성공적인 적용 사례들이 폭넓게 보고되고 있는 상황에도 불구하고, 정작 산업현장에서는 실질적인 도입과 확산이 더디게 진행되고 있다. 이는 의사결정자들의 RFID 기술 도입 시 발생하는 효과에 대한 포괄적 이해가 부족하다는 점과, 이로 인해 RFID 도입의 명확한 경제성 분석이 이루어지지 못하고 있다는데 크게 기인하고 있다. 본 연구에서는 유통물류 산업에 RFID 기술을 도입할 때 발생하는 비용과 효과들을 포괄적으로 도출하고 체계적으로 정리하였다. 또한 이러한 비용 및 효과항목들을 공급사슬 측면에서 쉽게 활용할 수 있도록 SCOR 프로세스에 투영한 RFID 비용편익분석 모형과 툴을 개발하였다. 본 연구 결과로 도출된 RFID 도입 효과들과 비용편익분석 모형은 향후 RFID 기술을 현업에 적용하려는 기업들은 물론 관련 주제의 연구에 효과적으로 활용될 수 있을 것이다.

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Optimization of Transportation Problem in Dynamic Logistics Network

  • Chung, Ji-Bok;Choi, Byung-Cheon
    • 유통과학연구
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    • 제14권2호
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    • pp.41-45
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    • 2016
  • Purpose - Finding an optimal path is an essential component for the design and operation of smart transportation or logistics network. Many applications in navigation system assume that travel time of each link is fixed and same. However, in practice, the travel time of each link changes over time. In this paper, we introduce a new transportation problem to find a latest departing time and delivery path between the two nodes, while not violating the appointed time at the destination node. Research design, data, and methodology - To solve the problem, we suggest a mathematical model based on network optimization theory and a backward search method to find an optimal solution. Results - First, we introduce a dynamic transportation problem which is different with traditional shortest path or minimum cost path. Second, we propose an algorithm solution based on backward search to solve the problem in a large-sized network. Conclusions - We proposed a new transportation problem which is different with traditional shortest path or minimum cost path. We analyzed the problem under the conditions that travel time is changing, and proposed an algorithm to solve them. Extending our models for visiting two or more destinations is one of the further research topics.

Complexity and Algorithms for Optimal Bundle Search Problem with Pairwise Discount

  • Chung, Jibok;Choi, Byungcheon
    • 유통과학연구
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    • 제15권7호
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    • pp.35-41
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    • 2017
  • Purpose - A product bundling is a marketing approach where multiple products or components are packaged together into one bundle solution. This paper aims to introduce an optimal bundle search problem (hereinafter called "OBSP") which may be embedded with online recommendation system to provide an optimized service considering pairwise discount and delivery cost. Research design, data, and methodology - Online retailers have their own discount policy and it is time consuming for online shoppers to find an optimal bundle. Unlike an online system recommending one item for each search, the OBSP considers multiple items for each search. We propose a mathematical formulation with numerical example for the OBSP and analyzed the complexity of the problem. Results - We provide two results from the complexity analysis. In general case, the OBSP belongs to strongly NP-Hard which means the difficulty of the problem while the special case of OBSP can be solved within polynomial time by transforming the OBSP into the minimum weighted perfect matching problem. Conclusions - In this paper, we propose the OBSP to provide a customized service considering bundling price and delivery cost. The results of research will be embedded with an online recommendation system to help customers for easy and smart online shopping.

Design of Low Cost Real-Time Audience Adaptive Digital Signage using Haar Cascade Facial Measures

  • Lee, Dongwoo;Kim, Daehyun;Lee, Junghoon;Lee, Seungyoun;Hwang, Hyunsuk;Mariappan, Vinayagam;Lee, Minwoo;Cha, Jaesang
    • International Journal of Advanced Culture Technology
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    • 제5권1호
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    • pp.51-57
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    • 2017
  • Digital signage is becoming part of daily life across a wide range of visual advertisements segments market used in stations, hotels, retail stores, hotels, etc. The current digital signage system used in market is generally works on limited user interactivity with static contents. In this paper, a new approach is proposed using computer vision based dynamic audience adaptive cost-effective digital signage system. The proposed design uses the Camera attached Raspberry Pi Open source platform to employ the real-time audience interaction using computer vision algorithms to extract facial features of the audience. The real-time facial features are extracted using Haar Cascade algorithm which are used for audience gender specific rendering of dynamic digital signage content. The audience facial characterization using Haar Cascade is evaluated on the FERET database with 95% accuracy for gender classification. The proposed system, developed and evaluated with male and female audiences in real-life environments camera embedded raspberry pi with good level of accuracy.

A Study on Association between Reasons of Reducing Corporate Logistics Costs and Company Classification

  • JEONG, Dong Bin
    • 동아시아경상학회지
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    • 제10권3호
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    • pp.51-61
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    • 2022
  • Purpose - The purpose of this study is to establish the government's logistics policy by calculating the logistics cost of the company and grasping the management status, to reduce the logistics cost of the related companies and to provide basic statistical data necessary for the management strategy. This work examines some associations between reasons for reducing corporate logistics costs (RCLC) and corporate classification such as industry and sales size. Research design, data, and methodology - The survey was conducted in 2018 for 2,000 companies based on the business of mining, manufacturing and wholesale and retail industries since 2010. The survey population is 94,976, of which 92,708 are small and medium enterprises and 2,268 are large corporations. The association among factors may be statistically and visually explored by using chi-squared test and correspondence analysis. Result - This study reveals the association between reasons for RCLC and corporate classification and properties and closeness that exist between the categories of each factor can be mined. Conclusion - As a task to reduce logistics costs of industrial products, expansion and operation of joint logistics business, establishment of cooperative logistics network, and establishment of ordinance on support for smart distribution logistics can be proposed.

Feasibility Study on Styrofoam Layer Cushioning for Banana Bulk Transport in a Local Distribution System

  • Wasala, W.M.C.B.;Dharmasena, D.A.N.;Dissanayake, C.A.K.;Tilakarathne, B.M.K.S.
    • Journal of Biosystems Engineering
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    • 제40권4호
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    • pp.409-416
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    • 2015
  • Purpose: This study evaluates a new banana bulk packaging method under the real transport conditions of Sri Lanka. Methods: A field evaluation of optimized 8-mm thick Styrofoam sheets used as the cushioning material was applied. A trial transport was conducted from Thambuttegama to Colombo using a medium-sized open truck, with banana leaves as the control material. Data were recorded at the farmer, transporter, retailer, and consumer stages of the supply chain. Mechanical damage, physiological loss in weight, fruit firmness, total soluble solids, ripeness index, visual quality ratings, and the physical damage index of the bananas were measured at each stage. A cost-benefit analysis was also conducted for both packaging methods. Results: The 8-mm styrofoam sheets significantly reduced (p < 0.05) the mechanical damage from 26.3% to 12.9% compared to the conventional method for long-distance transport, and the physiological loss in weight showed a decrease of 2.88%. The loss of firmness of the fruits followed a simmilar pattern for both methods until reaching the retailer, but at the consumer was significantly higher (p < 0.05) for the control. However, the physical damage index at the retail stage for the control showed symptoms of physical injury, whereas the bananas transported using the cushioning materials exhibited only minor symptoms. Further, the visual quality of the fruits after transport from the farmer to the consumer was preserved, which is one of the main factors affecting consumer preference and retail price. The proposed method increases the profit margin by 51.2% for Embul bananas owing to the reduced postharvest losses. Conclusion: The 8-mm thick Styrofoam sheets reduced the physical damage to the bananas, with the quality parameters maintained at the prefered level. Moreover, profits may be increased.

패션 상품 쇼핑백 유형에 대한 소비자반응, 광고태도, 구매의도에 미치는 영향 (The Effect of Fashion Product's Shopping Bag types on Customer Response, Advertising Effectiveness, and Purchase Intention)

  • 채희주;이수연;고은주
    • 한국의류산업학회지
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    • 제16권4호
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    • pp.564-579
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    • 2014
  • Packaging of shopping bag is a 'silent salesman' which plays an important role in marketing communication due to the increase of self-service outlets and changing lifestyles of customers. Retail shopping bags, which are defined as bags provided by retailers to customer as a means of transporting merchandise, are a type of secondary packaging. This study explored the effect of a fashion product's shopping bag types in sense of shopping value, customers' response, attitude toward advertising, and purchase intention. Data was analyzed by factor analysis, frequency analysis, correlation, structural equation modeling using SPSS 18.0 and AMOS 18.0. The results of this study were as follows. Consumers' responses about shopping bags show that there are some differences between consumers who have either hedonic or utilitarian shopping value. Hedonic shopping value influences on consumers' response as unique, interesting, and attention; however utilitarian value affects prestige in addition to those four significant factors. Therefore, this study shows that consumer response is different in accordance with shopping value. Thus, using the various types of shopping bags can be influenced on effective advertising. It will also great effect on marketing activity with lower cost. The significant result from this study has proven that the shopping bag is correlates to the definition of pop art today because it can offer an opportunity to look at, play with and buy sophisticated visual stimulus. Therefore, retail and brands have to concern about shopping bag considering their decisive role in the apparel market.