Competition with Online and Offline Demands considering Logistics Costs Based on the Hotelling Model
Joint Authors
Wei, Chen
Li, Qing
Xiao, Fan
Hu, Zhi-Hua
Source
Mathematical Problems in Engineering
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-12, 12 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-09-30
Country of Publication
Egypt
No. of Pages
12
Main Subjects
Abstract EN
Through popular information technologies (e.g., call centers, web portal, ecommerce and social media, etc.), traditional shops change their functions for servicing online demands while still providing offline sales and services, which expand the market and the service capacity.
In the Hotelling model that formulates the demand effect by considering just offline demand, the shops in a line city will locate at the center as a the result of competition by games.
The online demands are met by the delivery logistics services provided by the shops with additional cost; the consumers’ waiting time after their orders also affects their choices for shops.
The main purpose is to study the effects of the following aspects on the shops’ location competition: two logistics costs (consumers’ travelling cost for offline demands and the shops’ delivery logistics cost for online demands), the consumers’ waiting cost for online orders, and the ratios of online demands to the whole demands.
Therefore, this study primarily contributes to the literature on the formulation of these aspects by extending the Hotelling model.
These features and effects are demonstrated by experiments using the extended Hotelling models.
American Psychological Association (APA)
Hu, Zhi-Hua& Wei, Chen& Li, Qing& Xiao, Fan. 2014. Competition with Online and Offline Demands considering Logistics Costs Based on the Hotelling Model. Mathematical Problems in Engineering،Vol. 2014, no. 2014, pp.1-12.
https://search.emarefa.net/detail/BIM-1044034
Modern Language Association (MLA)
Hu, Zhi-Hua…[et al.]. Competition with Online and Offline Demands considering Logistics Costs Based on the Hotelling Model. Mathematical Problems in Engineering No. 2014 (2014), pp.1-12.
https://search.emarefa.net/detail/BIM-1044034
American Medical Association (AMA)
Hu, Zhi-Hua& Wei, Chen& Li, Qing& Xiao, Fan. Competition with Online and Offline Demands considering Logistics Costs Based on the Hotelling Model. Mathematical Problems in Engineering. 2014. Vol. 2014, no. 2014, pp.1-12.
https://search.emarefa.net/detail/BIM-1044034
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1044034