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Assessing the Utility of Retailer Based on Generalized Costs of End-Consumers Cover

Assessing the Utility of Retailer Based on Generalized Costs of End-Consumers

By:   
Open Access
|Mar 2020

Figures & Tables

Figure 1

Trading area (Source: Authors’ own research)

Figure 2

Adjusted trade area: 1,…,8 – zones; А,..,G – stores (Source: Authors’ own research)

Table 1

Output data for obtaining models of change in calories consumed (Source: Authors’ own research)

Energy expenses on the road, kcal.Slope factorNon-linearity factorDistance, kmEnergy expenses at retailer, kcal.Size of the retailer, m2Total energy expenses per visit, kcal.
to storefrom storeto storefrom storeby airby road
145490.9901.0101.230.570.78700102
254530.9961.0041.360.550.75181408125
372730.9951.0051.100.9115576150
437390.9871.0131.310.420.55950085
8630211.1000.9001.000.30.3514056
Table 2

Output data for obtaining time changing models (Source: Authors’ own research)

Time movement, min.Slope factorNon-linearity factorDistance, kmTime of trade service, kmSize of the store, m2Total visiting time, min.
to storefrom storeto storeby airby airby road
110110.9901.0101.230.570.71970040
211110.9961.0041.360.550.7522140844
86641.1000.9001.000.30.31214022
Table 3

Results of model evaluation (Source: Authors’ own research)

IndicatorValue for energy cost modelValue of the time cost model
Student Criterion:
 • calculated1.971.97
 • actual122.71232.0153
Fischer Criterion:
 • calculated3.883.88
 • actual15058.241024.98
Correlation coefficient0.990.96
Determination coefficient0.890.92
Table 4

Results of model evaluation (Source: Authors’ own research)

IndicatorValue for energy cost modelValue of the time cost model
Student Criterion:
 • calculated1.971.97
 • actual value of the slope factor2.0072.281
 • actual value of the none-linearity factor7.3256.956
 • actual value of the distance between the points “by air”67.6466.097
Fischer Criterion:
 • calculated3.883.88
 • actual6730.096268.63
Correlation coefficient0.990.99
Determination coefficient0.890.98
Table 5

OD matrix (Source: Authors’ own research)

RetailerMonetary expression of shopping time spent on purchases, UAHMonetary expression of the energy (fatigue) spent on purchases, UAH
ZoneZone
1234567812345678
A11.4613.4212.0512.3214.9519.4918.4214.572.533.192.732.823.715.234.883.58
B10.269.6815.7513.6211.7015.2016.4713.731.791.623.402.782.223.243.612.81
C10.447.0215.2713.439.3712.6714.6812.532.381.244.023.402.033.143.833.10
D14.909.3318.0214.626.677.6611.2211.743.571.924.523.501.121.412.492.64
E20.5717.5623.4019.7014.2516.9816.3117.434.023.164.863.792.202.992.813.13
G16.0814.4318.5413.918.289.558.879.914.123.574.963.401.501.931.702.06
H14.0411.0413.168.8810.7213.3810.167.783.262.363.001.712.263.072.101.39
F16.8413.6115.6710.4811.7012.356.775.524.603.524.222.472.883.101.220.80
K18.1119.007.339.7620.2923.1116.9314.684.354.621.211.934.995.824.013.36
Table 6

Origin-Destination generalized costs matrix on visiting retailer from different origins (UAH) (Source: Authors’ own research)

RetailerResidential zones
123456789
A57.461.660.655.758.754.457.755.160.2
B51.055.755.052.352.247.851.849.954.8
C67.765.663.063.868.963.563.559.655.9
D61.764.061.560.360.154.957.954.257.7
E57.659.457.055.056.951.755.249.456.8
F62.659.454.858.265.059.460.354.950.3
G57.760.155.855.757.051.754.749.151.0
H57.559.652.153.359.654.558.751.446.5
I61.560.555.757.362.258.060.353.350.0
K61.457.653.257.164.359.059.954.349.4
Table 7

Demand attractiveness matrix of visiting a retailers in described zone (Source: Authors’ own research)

RetailerResidential zones
123456789Σ
A0.01500.01040.00800.02060.00930.00550.01320.01130.00140.0948
B0.01250.00950.00840.01770.00850.00550.01160.01030.00140.0853
C0.01530.00910.00700.02270.00890.00500.01440.01210.00140.0958
D0.01760.01220.00910.02600.01180.00640.01630.01400.00180.1152
E0.01250.00950.00870.01830.00940.00640.01250.01110.00160.0900
F0.01480.01150.01090.02170.01150.00800.01460.01290.00190.1079
G0.01620.01090.00870.02630.01190.00640.01800.01550.00190.1159
H0.01310.00800.00640.02180.00820.00470.01680.01410.00140.0944
I0.01310.00850.00700.02190.00910.00520.01830.01890.00170.1038
K0.01320.00970.00840.02020.01040.00640.01420.01270.00180.0970
Σ0.14320.09930.08270.21720.09880.05950.15010.13290.01641
DOI: https://doi.org/10.2478/fman-2020-0003 | Journal eISSN: 2300-5661 | Journal ISSN: 2080-7279
Language: English
Page range: 31 - 42
Published on: Mar 3, 2020
Published by: Warsaw University of Technology
In partnership with: Paradigm Publishing Services
JEL:

© 2020 Andrii Halkin, published by Warsaw University of Technology
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.