Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data Analysis

Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data Analysis

Perishables’ freshness is a dynamic state, which can be captured by statistical big data based on advanced product identification and sensory technologies. A time-based markdown strategy model is proposed to consider the markdown strategy in maximizing performance. The results showed that demand unc...

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Main Authors: Jiang-Tao Wang, Jian-Jun Yu, Yu-Hsi Yuan, Sang-Bing Tsai, Shu-Fen Zhang
Format: Article
Language:English
Published: Hindawi-Wiley 2021-01-01
Series:Wireless Communications and Mobile Computing
Online Access:http://dx.doi.org/10.1155/2021/6695626
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spelling doaj-477699f3900b48cdae3a24b065d64bb02021-03-08T02:00:39ZengHindawi-WileyWireless Communications and Mobile Computing1530-86772021-01-01202110.1155/2021/66956266695626Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data AnalysisJiang-Tao Wang0Jian-Jun Yu1Yu-Hsi Yuan2Sang-Bing Tsai3Shu-Fen Zhang4Zhongshan InstituteSchool of Business AdministrationDepartment of Labor & Human ResourcesRegional Green Economy Development Research CenterSchool of Chinese MedicinePerishables’ freshness is a dynamic state, which can be captured by statistical big data based on advanced product identification and sensory technologies. A time-based markdown strategy model is proposed to consider the markdown strategy in maximizing performance. The results showed that demand uncertainty would force them to implement a markdown strategy in advance, merchants’ profit and initial inventory are sensitive to the uncertainty and deterioration rate of perishable quality, and markdown time has a regulatory effect on initial inventory.http://dx.doi.org/10.1155/2021/6695626
collection DOAJ
language English
format Article
sources DOAJ
author Jiang-Tao Wang
Jian-Jun Yu
Yu-Hsi Yuan
Sang-Bing Tsai
Shu-Fen Zhang
spellingShingle Jiang-Tao Wang
Jian-Jun Yu
Yu-Hsi Yuan
Sang-Bing Tsai
Shu-Fen Zhang
Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data Analysis
Wireless Communications and Mobile Computing
author_facet Jiang-Tao Wang
Jian-Jun Yu
Yu-Hsi Yuan
Sang-Bing Tsai
Shu-Fen Zhang
author_sort Jiang-Tao Wang
title Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data Analysis
title_short Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data Analysis
title_full Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data Analysis
title_fullStr Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data Analysis
title_full_unstemmed Markdown Time for Perishables Based on Dynamic Quality Evaluation for Complex Data Analysis
title_sort markdown time for perishables based on dynamic quality evaluation for complex data analysis
publisher Hindawi-Wiley
series Wireless Communications and Mobile Computing
issn 1530-8677
publishDate 2021-01-01
description Perishables’ freshness is a dynamic state, which can be captured by statistical big data based on advanced product identification and sensory technologies. A time-based markdown strategy model is proposed to consider the markdown strategy in maximizing performance. The results showed that demand uncertainty would force them to implement a markdown strategy in advance, merchants’ profit and initial inventory are sensitive to the uncertainty and deterioration rate of perishable quality, and markdown time has a regulatory effect on initial inventory.
url http://dx.doi.org/10.1155/2021/6695626
work_keys_str_mv AT jiangtaowang markdowntimeforperishablesbasedondynamicqualityevaluationforcomplexdataanalysis
AT jianjunyu markdowntimeforperishablesbasedondynamicqualityevaluationforcomplexdataanalysis
AT yuhsiyuan markdowntimeforperishablesbasedondynamicqualityevaluationforcomplexdataanalysis
AT sangbingtsai markdowntimeforperishablesbasedondynamicqualityevaluationforcomplexdataanalysis
AT shufenzhang markdowntimeforperishablesbasedondynamicqualityevaluationforcomplexdataanalysis
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