Title | ||
---|---|---|
Online retailers' promotional pricing, free-shipping threshold, and inventory decisions: A simulation-based analysis. |
Abstract | ||
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•Online retailer’s optimal profit margin, free-shipping threshold and inventory decisions are analyzed.•Publicly-available statistics are used to perform the analysis.•We use Arena to simulate the online retailing system and OptQuest to optimize the decisions.•We perform sensitivity analysis to draw managerial insights. |
Year | DOI | Venue |
---|---|---|
2013 | 10.1016/j.ejor.2013.04.006 | European Journal of Operational Research |
Keywords | Field | DocType |
Profit margin,Contingent free-shipping,Inventory,Simulation with Arena,Optimization with OptQuest,Sensitivity analysis | Decision problem,Profit margin,Standard deviation,Visitor pattern,Mathematics,Operations management | Journal |
Volume | Issue | ISSN |
230 | 2 | 0377-2217 |
Citations | PageRank | References |
10 | 0.66 | 11 |
Authors | ||
3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Rafael Becerril-Arreola | 1 | 24 | 1.97 |
Mingming Leng | 2 | 165 | 13.26 |
Mahmut Parlar | 3 | 281 | 33.65 |