Cost of ownership model for the RFID logistics system applicable to u-city

Hong Sik Kim and So Young Sohn

European Journal of Operational Research, 2009, vol. 194, issue 2, 406-417

Abstract: Currently, popular areas of radio frequency identification (RFID) application include the domain of ubiquitous city (u-city), which would require very high initial infrastructure cost. This study proposes a cost of ownership (COO) model for RFID logistics system applicable to u-city in order to support the decision making process of infrastructure construction. We apply the proposed model to a case of RFID logistics system by establishing potential scenarios. The expected profit from the construction of RFID logistics system is evaluated for each scenario. We also conduct a sensitivity analysis to consider the effect of various parameter settings. This study is expected to help companies in selecting the most beneficial and most profitable RFID logistics system.

Keywords: Ubiquitous; city; (u-city); logistics; Radio; frequency; identification; (RFID); Cost; of; ownership; (COO) (search for similar items in EconPapers)
Date: 2009
References: View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:194:y:2009:i:2:p:406-417

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