NDLI: A Robust Ordering Strategy for Retailers Facing a Free Shipping Option

Content Provider	PubMed Central
Author	Meng, Qing-chun Wan, Xiao-le Rong, Xiao-xia
Editor	Shi, Yongtang
Copyright Year	2015
Abstract	Free shipping with conditions has become one of the most effective marketing tools available. An increasing number of companies, especially e-businesses, prefer to offer free shipping with some predetermined condition, such as a minimum purchase amount by the customer. However, in practice, the demands of buyers are uncertain; they are often affected by many factors, such as the weather and season. We begin by modeling the centralized ordering problem in which the supplier offers a free shipping service and retailers face stochastic demands. As these random data are considered, only partial information such as the known mean, support, and deviation is needed. The model is then analyzed via a robust optimization method, and the two types of equivalent sets of uncertainty constraints that are obtained provide good mathematical properties with consideration of the robustness of solutions. Subsequently, a numerical example is used to compare the results achieved from a robust optimization method and the linear decision rules. Additionally, the robustness of the optimal solution is discussed, as it is affected by the minimum quantity parameters. The increasing cost-threshold relationship is divided into three periods. In addition, the case study shows that the proposed method achieves better stability as well as computational complexity.
Related Links	http://dx.doi.org/10.1371/journal.pone.0125939
Starting Page	125939
File Format	PDF
ISSN	19326203
e-ISSN	19326203
Journal	PLoS ONE
Issue Number	5
Volume Number	10
Language	English
Publisher	Public Library of Science
Publisher Date	2015-05-19
Access Restriction	Open
Rights Holder	Public Library of Science
Subject Keyword	Research in Higher Education
Content Type	Text
Resource Type	Article
Subject	Multidisciplinary

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Optimal Order Strategy in Uncertain Demands with Free Shipping Option

Optimal Ordering Policy for Retailers with Bayesian Information Updating in a Presale System

Option contracts for online celebrities as retailers in supply chains

A strategy for tissue self-organization that is robust to cellular heterogeneity and plasticity

A Strategy for Synthesis of Pathogenic Human Immunoglobulin Free Light Chains in E. coli

Robust singlet dimers with fragile ordering in two-dimensional honeycomb lattice of Li2RuO3

A coordinated network of transporters with overlapping specificities provides a robust survival strategy

Optimal Pricing and Ordering Strategies with a Flexible Return Strategy under Uncertainty

A rapid and robust selection procedure for generating drug-selectable marker-free recombinant malaria parasites

A Robust Ordering Strategy for Retailers Facing a Free Shipping Option

Similar Documents

Optimal Order Strategy in Uncertain Demands with Free Shipping Option

Optimal Ordering Policy for Retailers with Bayesian Information Updating in a Presale System

Option contracts for online celebrities as retailers in supply chains

A strategy for tissue self-organization that is robust to cellular heterogeneity and plasticity

A Strategy for Synthesis of Pathogenic Human Immunoglobulin Free Light Chains in E. coli

Robust singlet dimers with fragile ordering in two-dimensional honeycomb lattice of Li2RuO3

A coordinated network of transporters with overlapping specificities provides a robust survival strategy

Optimal Pricing and Ordering Strategies with a Flexible Return Strategy under Uncertainty

A rapid and robust selection procedure for generating drug-selectable marker-free recombinant malaria parasites

A Robust Ordering Strategy for Retailers Facing a Free Shipping Option