DocumentCode
2540168
Title
Data Modeling and Analysis Based on the Automated Storage and Retrieval System
Author
Xi, Yu ; Fangqin, Xu
Author_Institution
Inf. Technol. Coll., Shanghai Jiaoqiao Univ., Shanghai, China
fYear
2012
fDate
12-14 Oct. 2012
Firstpage
633
Lastpage
636
Abstract
The Internet of things (IoT) is an important part of new generational information technology. It is versatile and be used in every trade. Such as the Automated Storage and Retrieval System (AS/RS) which is used in retail trade. The AS/RS follows protocol of communication by RFID technology to classify and count in order to achieve merchandises´ identification, location, tracking and management. Although the AS/RS has been popularized in China, most of companies still use EOQ model which easily causes sellout problem to analyze purchase quantity and storage issue. In order to resolves these flaws and optimizes the EOQ model to fit update of the AS/RS, this paper will use regression analysis to search relationship between purchase quantity and sale volume and make up the EOQ´s defect which ignores effect of purchase quantity. The optimized model solves problems about sellout and draggy sale, increasing efficiency of the Automated Storage and Retrieval System.
Keywords
Internet of Things; data analysis; data models; information technology; radiofrequency identification; retailing; storage automation; AS-RS; China; EOQ model; Internet of things; IoT; RFID technology; automated storage and retrieval system; data analysis; data modeling; draggy sale; merchandise identification; new generational information technology; purchase quantity; purchase quantity analysis; regression analysis; retail trade; sellout; storage issue; Analytical models; Data models; Marketing and sales; Mathematical model; Merchandise; Regression analysis; Solid modeling; AS/RS; IoT; Purchase Model; Regression Analysis;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Computing and Global Informatization (BCGIN), 2012 Second International Conference on
Conference_Location
Shanghai
Print_ISBN
978-1-4673-4469-2
Type
conf
DOI
10.1109/BCGIN.2012.170
Filename
6382612
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