Using Transaction Data for the Design of Sequential, Multi-unit, Online Auctions

Author(s):  
Edieal J. Pinker ◽  
Abraham Seidmann ◽  
Yaniv Vakrat
2018 ◽  
Vol 6 (1) ◽  
pp. 41-48
Author(s):  
Santoso Setiawan

Abstract   Inaccurate stock management will lead to high and uneconomical storage costs, as there may be a void or surplus of certain products. This will certainly be very dangerous for all business people. The K-Means method is one of the techniques that can be used to assist in designing an effective inventory strategy by utilizing the sales transaction data that is already available in the company. The K-Means algorithm will group the products sold into several large transactional data clusters, so it is expected to help entrepreneurs in designing stock inventory strategies.   Keywords: inventory, k-means, product transaction data, rapidminer, data mining   Abstrak   Manajemen stok yang tidak akurat akan menyebabkan biaya penyimpanan yang tinggi dan tidak ekonomis, karena kemungkinan terjadinya kekosongan atau kelebihan produk tertentu. Hal ini sangat berbahaya bagi para pelaku bisnis. Metode K-Means adalah salah satu teknik yang dapat digunakan untuk membantu dalam merancang strategi persediaan yang efektif dengan memanfaatkan data transaksi penjualan yang telah tersedia di perusahaan. Algoritma K-Means akan mengelompokkan produk yang dijual ke beberapa cluster data transaksi yang umumnya besar, sehingga diharapkan dapat membantu pengusaha dalam merancang strategi persediaan stok.   Kata kunci: data transaksi produk, k-means, persediaan, rapidminer, data mining.


2018 ◽  
Vol 8 (2) ◽  
pp. 95-100
Author(s):  
Novrini Hasti ◽  
Irwin Tenrysau

PT.Balai Lelang Bandung is a company in Bandung which is located at Ruko Maple Kav. G, Jl. Gn. Batu No. 201, Sukaraja, Cicendo, Bandung - West Java, provides services such as pre-auction, auction, and post auction. The registration process of tender participants is quite convoluted and takes a lot of time in the registration process either in terms of the auction participants or the auctioneer itself. The auction process is very time-consuming bidders themselves, where in conducting the auction, participants are required to attend directly to the auction so many prospective bidders who discontinue their intention to follow the auction process. In this design approach method is prototypemethod, while system development method using Unified Modeling Language (UML). System design tool used to describe the system model such as usecase, scenario diagram, sequence diagram.  Index Terms - Information System, Online Auctions, Prototype, UML  


2010 ◽  
Author(s):  
Jason N. Kuruzovich ◽  
Siva Viswanathan ◽  
Ritu Agarwal

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