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Each product holder has an inherent willingness to return, and makes the decision on the basis of the financial incentive offered by the company.
Each product holder has an inherent willingness to return, and decides whether or not to return based on both the financial incentive offered by the company for the returned item and the proximity to the nearest collection center.
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We address the problem of locating collection centers of a company that aims to collect used products from product holders.
Designed with token economics, they also incentivize customers to buy genuine products by serving exclusive content and promotions only to genuine product holders.
We experiment with different quality profiles when there are two and three return types, and observe the effect of the uniform incentive policy (UIP) in which the same incentive is offered to product holders regardless of the quality of their returns.
We assume that a drop-off strategy is in place according to which product holders travel to the collection centers established by the company for returning their used goods.
We assume that a pick-up strategy is in place according to which vehicles with limited capacity are dispatched from the collection centers to the locations of product holders to transport the returns.
It has also waived prepayment penalties for existing product-holders and is marshalling its employees to help move these customers on to conventional mortgages.
A complex product (tool-holder carousel of a CNC machine) is used as a case study.
A complex product (tool-holder carousel of a machine tool) is used as a case study to validate the approach.
You see, through ebay's Verified Rights program, a product's rights holder can stop the sale of items infringing on copyrights and trademarks.
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