Optimization of inventory costs is the most important goal in industries. But in many models, the constraints are considered simple and relaxed. Some actual constraints are to consider the combinatorial production and purchase models in multi-products environment. The purpose of this article is to improve the efficiency of inventory management and find the economic order quantity and economic p...

We investigate the within site purchase and search behavior of online customers visiting one of the largest European online travel agencies. Using a dynamic two stage model of purchase incidence and carrier choice we study how price uncertainty affects consumer purchase behavior. We find that current and future category value along with visitors’ browsing experience and search effort are import...

This paper presents a new electronic commerce scheme that provides consumers with a one stop check-out service for the purchase of a set of items from multiple autonomous shops. In this scheme, a consumer collects a transaction ticket, a specific form of digital-right, from each shop for each purchase representing the right to said purchase, and transfers the collected tickets to a check-out ag...

The emerging social media brand communities provide a good platform for marketers to promote brands to their members. Marketers are devoting time and efforts to building their social media fan pages; however, the elusive question of whether their social media fans exhibit any behavioural loyalty in terms of actual purchase behaviour remains unanswered. Based on the characteristics of social med...

In recent years, mobile commerce is developing rapidly because of the popularity of mobile devices. However, for the difficulty of the mobile device input, the users of the e-commerce websites usually don’t log on the website when they are browsing, which resulting in a situation that a large number of website visitors are anonymous users. In order to increase sales revenue and expand market sh...

W model a dynamic purchase context in which a consumer is uncertain about the product’s valuation. The consumer has two purchase opportunities for the product: forward purchase in Period 1 or spot purchase in Period 2. Two forms of regret are considered: buyer’s regret over the money paid in excess of his valuation of the product when buying forward and hesitater’s regret for the lost opportuni...

This paper reports an ongoing study related to the design of conceptual design model of interactive television (iTV) advertisement towards impulse purchase tendency. Despite many studies have been proposing factors of impulse purchase in many different advertising medium like website, mobile, traditional retail store, and traditional television; none of the impulse purchase model is dedicated t...

DOES SEARCH MATTER? : USING ONLINE CLICK STREAM DATA TO EXAMINE THE RELATIONSHIP BETWEEN ONLINE SEARCH AND PURCHASE BEHAVIOR Neveen F. Awad, Joni L. Jones, Jian Zhang Introduction The ability to track consumer behavior online is considered a prime advantage that online retailing has over brick and mortar retailers. However, firms are still grappling with how to understand their consumers throug...

STUDY OBJECTIVE We studied a population of young adults who legally purchased handguns to determine whether an association exists between the purchase of an assault-type handgun and prior or subsequent criminal activity. METHODS We conducted a longitudinal study of 5,360 legally authorized purchasers of handguns in California in 1988 who were younger than 25 years at the time of purchase. Our...