Development of a Nonlinear Integer Optimization Model for Tenant Mix Layout in a Shopping Centre

The tenant mix layout of shopping malls affects shopper consumption behaviour and the performance of malls. The main function of the tenant mix layout is to increase store sales by increasing footfall. However, although existing studies have shown the importance of the spatial clustering effect and...

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Main Authors: Hongyue Lv, Ting-Kwei Wang
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Advances in Civil Engineering
Online Access:http://dx.doi.org/10.1155/2020/2787351
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spelling doaj-85f475e16c194312ace4843a2347f4ff2020-11-25T01:54:15ZengHindawi LimitedAdvances in Civil Engineering1687-80861687-80942020-01-01202010.1155/2020/27873512787351Development of a Nonlinear Integer Optimization Model for Tenant Mix Layout in a Shopping CentreHongyue Lv0Ting-Kwei Wang1BIM Research Centre, School of Management Science and Real Estate, Chongqing University, Chongqing 400045, ChinaBIM Research Centre, School of Management Science and Real Estate, Chongqing University, Chongqing 400045, ChinaThe tenant mix layout of shopping malls affects shopper consumption behaviour and the performance of malls. The main function of the tenant mix layout is to increase store sales by increasing footfall. However, although existing studies have shown the importance of the spatial clustering effect and the physical information about tenants, the authors of those studies did not properly consider both the spatial clustering effect and the physical information about tenants at the meantime. Through this study, we aimed to maximize the spillover effect of the stores in the shopping centre while considering both the spatial clustering effect and physical information about tenants. Therefore, we present a problem called the tenant mix problem, which is to determine the optimal tenant configuration scheme for existing shopping centre space segmentation to maximize the rental income of a shopping centre. To solve this problem, a nonlinear integer optimization model with defined characteristics was proposed and solved using a genetic algorithm. A shopping centre case study is also presented to verify the performance of the model.http://dx.doi.org/10.1155/2020/2787351
collection DOAJ
language English
format Article
sources DOAJ
author Hongyue Lv
Ting-Kwei Wang
spellingShingle Hongyue Lv
Ting-Kwei Wang
Development of a Nonlinear Integer Optimization Model for Tenant Mix Layout in a Shopping Centre
Advances in Civil Engineering
author_facet Hongyue Lv
Ting-Kwei Wang
author_sort Hongyue Lv
title Development of a Nonlinear Integer Optimization Model for Tenant Mix Layout in a Shopping Centre
title_short Development of a Nonlinear Integer Optimization Model for Tenant Mix Layout in a Shopping Centre
title_full Development of a Nonlinear Integer Optimization Model for Tenant Mix Layout in a Shopping Centre
title_fullStr Development of a Nonlinear Integer Optimization Model for Tenant Mix Layout in a Shopping Centre
title_full_unstemmed Development of a Nonlinear Integer Optimization Model for Tenant Mix Layout in a Shopping Centre
title_sort development of a nonlinear integer optimization model for tenant mix layout in a shopping centre
publisher Hindawi Limited
series Advances in Civil Engineering
issn 1687-8086
1687-8094
publishDate 2020-01-01
description The tenant mix layout of shopping malls affects shopper consumption behaviour and the performance of malls. The main function of the tenant mix layout is to increase store sales by increasing footfall. However, although existing studies have shown the importance of the spatial clustering effect and the physical information about tenants, the authors of those studies did not properly consider both the spatial clustering effect and the physical information about tenants at the meantime. Through this study, we aimed to maximize the spillover effect of the stores in the shopping centre while considering both the spatial clustering effect and physical information about tenants. Therefore, we present a problem called the tenant mix problem, which is to determine the optimal tenant configuration scheme for existing shopping centre space segmentation to maximize the rental income of a shopping centre. To solve this problem, a nonlinear integer optimization model with defined characteristics was proposed and solved using a genetic algorithm. A shopping centre case study is also presented to verify the performance of the model.
url http://dx.doi.org/10.1155/2020/2787351
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AT tingkweiwang developmentofanonlinearintegeroptimizationmodelfortenantmixlayoutinashoppingcentre
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