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Paper Abstract and Keywords
Presentation 2018-07-02 13:25
Influence on price and inventory strategy of competing retailers by distance between stores
Naoya Ogata, Toshiharu Sugawara (Waseda Univ.) AI2018-6
Abstract (in Japanese) (See Japanese page) 
(in English) In this research, genetic algorithm and multi agent simulation are integrated to learn pricing strategy and inventory strategy in order to maximize the profit of each retailer on the premise of a market where multiple retailers compete. In particular, by considering the distance between retailers and the distance between consumers and retail stores, we analyze the influence of distance on price and inventory of products at each retail store. Experimental results showed that considering distance, regional nature occurs in price strategy and inventory strategy. Especially, in areas where many retail stores are gathering, it was found that low price and low the number of inventory are good. And, lowering the number of inventory of products with high unit price is good. Also, in areas where retailers are not gathering, we found that higher prices can be tolerated.
Keyword (in Japanese) (See Japanese page) 
(in English) multi agent / retailer / genetic algorithm / distance / / / /  
Reference Info. IEICE Tech. Rep., vol. 118, no. 116, AI2018-6, pp. 29-34, July 2018.
Paper # AI2018-6 
Date of Issue 2018-06-25 (AI) 
ISSN Online edition: ISSN 2432-6380
Copyright
and
reproduction		 All rights are reserved and no part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Notwithstanding, instructors are permitted to photocopy isolated articles for noncommercial classroom use without fee. (License No.: 10GA0019/12GB0052/13GB0056/17GB0034/18GB0034)
Download PDF AI2018-6

Conference Information
Committee AI  
Conference Date 2018-07-02 - 2018-07-02 
Place (in Japanese) (See Japanese page) 
Place (in English)  
Topics (in Japanese) (See Japanese page) 
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Paper Information
Registration To AI 
Conference Code 2018-07-AI 
Language Japanese 
Title (in Japanese) (See Japanese page) 
Sub Title (in Japanese) (See Japanese page) 
Title (in English) Influence on price and inventory strategy of competing retailers by distance between stores 
Sub Title (in English)  
Keyword(1) multi agent  
Keyword(2) retailer  
Keyword(3) genetic algorithm  
Keyword(4) distance  
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1st Author's Name Naoya Ogata  
1st Author's Affiliation Waseda University (Waseda Univ.)
2nd Author's Name Toshiharu Sugawara  
2nd Author's Affiliation Waseda University (Waseda Univ.)
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Speaker Author-1 
Date Time 2018-07-02 13:25:00 
Presentation Time 25 minutes 
Registration for AI 
Paper # AI2018-6 
Volume (vol) vol.118 
Number (no) no.116 
Page pp.29-34 
#Pages 6 
Date of Issue 2018-06-25 (AI) 

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