| Presentation | 2018-07-02 Influence on price and inventory strategy of competing retailers by distance between stores Naoya Ogata, Toshiharu Sugawara, |
|---|---|
| PDF Download Page |  PDF download Page Link |
| Abstract(in Japanese) | (See Japanese page) |
| Abstract(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) |
| Keyword(in English) | multi agent / retailer / genetic algorithm / distance |
| Paper # | AI2018-6 |
| Date of Issue | 2018-06-25 (AI) |
| Conference Information | |
| Committee | AI |
|---|---|
| Conference Date | 2018/7/2(1days) |
| Place (in Japanese) | (See Japanese page) |
| Place (in English) | |
| Topics (in Japanese) | (See Japanese page) |
| Topics (in English) | |
| Chair | Tsunenori Mine(Kyushu Univ.) |
| Vice Chair | Daisuke Katagami(Tokyo Polytechnic Univ.) / Naoki Fukuta(Shizuoka Univ.) |
| Secretary | Daisuke Katagami(Ritsumeikan Univ.) / Naoki Fukuta(Univ. of Electro-Comm.) |
| Assistant | Yuko Sakurai(AIST) |
| Paper Information | |
| Registration To | Technical Committee on Artificial Intelligence and Knowledge-Based Processing |
|---|---|
| Language | JPN |
| 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 |
| 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.) |
| Date | 2018-07-02 |
| Paper # | AI2018-6 |
| Volume (vol) | vol.118 |
| Number (no) | AI-116 |
| Page | pp.pp.29-34(AI), |
| #Pages | 6 |
| Date of Issue | 2018-06-25 (AI) |