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
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