DocumentCode :
2540168
Title :
Data Modeling and Analysis Based on the Automated Storage and Retrieval System
Author :
Xi, Yu ; Fangqin, Xu
Author_Institution :
Inf. Technol. Coll., Shanghai Jiaoqiao Univ., Shanghai, China
fYear :
2012
fDate :
12-14 Oct. 2012
Firstpage :
633
Lastpage :
636
Abstract :
The Internet of things (IoT) is an important part of new generational information technology. It is versatile and be used in every trade. Such as the Automated Storage and Retrieval System (AS/RS) which is used in retail trade. The AS/RS follows protocol of communication by RFID technology to classify and count in order to achieve merchandises´ identification, location, tracking and management. Although the AS/RS has been popularized in China, most of companies still use EOQ model which easily causes sellout problem to analyze purchase quantity and storage issue. In order to resolves these flaws and optimizes the EOQ model to fit update of the AS/RS, this paper will use regression analysis to search relationship between purchase quantity and sale volume and make up the EOQ´s defect which ignores effect of purchase quantity. The optimized model solves problems about sellout and draggy sale, increasing efficiency of the Automated Storage and Retrieval System.
Keywords :
Internet of Things; data analysis; data models; information technology; radiofrequency identification; retailing; storage automation; AS-RS; China; EOQ model; Internet of things; IoT; RFID technology; automated storage and retrieval system; data analysis; data modeling; draggy sale; merchandise identification; new generational information technology; purchase quantity; purchase quantity analysis; regression analysis; retail trade; sellout; storage issue; Analytical models; Data models; Marketing and sales; Mathematical model; Merchandise; Regression analysis; Solid modeling; AS/RS; IoT; Purchase Model; Regression Analysis;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Business Computing and Global Informatization (BCGIN), 2012 Second International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4673-4469-2
Type :
conf
DOI :
10.1109/BCGIN.2012.170
Filename :
6382612
Link To Document :
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