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Designing Self-Storage Warehouses with Customer Choice

Author

Listed:
  • Shuyu Zhou

    (EM - EMLyon Business School)

  • Yeming Gong
  • René de Koster

Abstract

Self-storage warehousing is a rapidly growing industry where consumers or companies can rent storage space for personal or company use, over a certain horizon. This paper addresses the question of how to design the facilities so that revenue can be maximized over a nite horizon, considering multiple demand requirements with respect to size, pricing, location within the facility, climate control, security, or outside access, among others. Using a customer choice model to specify the probability of purchase for each fare product as a function of the set of fare products offered, we propose methods to design self-storage warehouses while allowing different customer choice behaviors. We model the problem as a mixed-integer program and solve it using column generation and branch-and-price algorithms. In addition, we study the impact of re-layout and methods to modify facility layout, since self-storage facilities are relatively fexible in layout and individual storage compartments can be adapted to changes in demand. We validate our model using the data of four self-storage warehouses, and show our method can improve the expected revenue by nearly 11% on average for these cases.

Suggested Citation

  • Shuyu Zhou & Yeming Gong & René de Koster, 2016. "Designing Self-Storage Warehouses with Customer Choice," Post-Print hal-02313369, HAL.
    • Handle: RePEc:hal:journl:hal-02313369
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    Citations

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    Cited by:

    1. Li Zhou & Huwei Liu & Junhui Zhao & Fan Wang & Jianglong Yang, 2022. "Performance Analysis of Picking Routing Strategies in the Leaf Layout Warehouse," Mathematics, MDPI, vol. 10(17), pages 1-28, September.
    2. Zhe Yuan & Haoxuan Xu & Yeming (Yale) Gong & Chengbin Chu & Jinlong Zhang, 2017. "Designing public storage warehouses with high demand for revenue maximisation," International Journal of Production Research, Taylor & Francis Journals, vol. 55(13), pages 3686-3700, July.
    3. Derhami, Shahab & Smith, Jeffrey S. & Gue, Kevin R., 2020. "A simulation-based optimization approach to design optimal layouts for block stacking warehouses," International Journal of Production Economics, Elsevier, vol. 223(C).

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