DocumentCode :
2966886
Title :
Customer behaviour modelling in the Maximum Capture Model
Author :
Ndiaye, M.
Author_Institution :
Syst. Eng. Dept., King Fahd Univ. of Pet. & Miner., Dhahran, Saudi Arabia
fYear :
2009
fDate :
8-11 Dec. 2009
Firstpage :
2285
Lastpage :
2289
Abstract :
Competitive Location Analysis addresses the issue of optimally locating firms that compete for market shares. It is therefore important to consider the impact of costumers´ behavior and the way they chose to patronize any given firm. Using facilities selections based on the Maximum Capture Model, we introduce three different scenarios to illustrate how assumptions on customers´ choices may alter traditional solution approaches. We assume here that an open facility will attract not all costumers closer to him but a portion of it relatively to the Service Level (SL) available for its customers; the rest of them will choose to patronize a different facility according to shopping attitudes. A comparison between the different approaches is then proposed.
Keywords :
consumer behaviour; facility location; competitive location analysis; customer behaviour modelling; market shares; maximum capture model; service level; Business; Cities and towns; Mathematical model; Minerals; Petroleum; Systems engineering and theory; Testing; Maximum capture model; competitive location; customer choice;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Industrial Engineering and Engineering Management, 2009. IEEM 2009. IEEE International Conference on
Conference_Location :
Hong Kong
Print_ISBN :
978-1-4244-4869-2
Electronic_ISBN :
978-1-4244-4870-8
Type :
conf
DOI :
10.1109/IEEM.2009.5373046
Filename :
5373046
Link To Document :
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