{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,6,13]],"date-time":"2026-06-13T16:04:07Z","timestamp":1781366647135,"version":"3.54.1"},"reference-count":38,"publisher":"MDPI AG","issue":"2","license":[{"start":{"date-parts":[[2018,2,12]],"date-time":"2018-02-12T00:00:00Z","timestamp":1518393600000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Information"],"abstract":"<jats:p>Radio frequency identification (RFID)-enabled smart shelves have recently attracted enormous attention from both industry and academia. Retailers have an explosion of interest in deploying smart shelves for the automatic ordering and the reduction of inventory inaccuracy. This study explores the retailers\u2019 optimal policy for investing in a smart shelf inventory control system. Since the decision maker\u2019s risk attitude plays an important role in its investment in technology, we therefore specifically consider the retailers\u2019 risk attitude. The risk attitude is measured by the mean-variance analysis. We derive analytical expressions for the benefit of the smart shelf and specify the conditions under which retailers should invest in it. We also show the explicit relationship between the retailer\u2019s risk attitude and his optimal policy. Finally, we conduct a numerical analysis to provide managerial insights for retailers to invest in smart shelves.<\/jats:p>","DOI":"10.3390\/info9020040","type":"journal-article","created":{"date-parts":[[2018,2,12]],"date-time":"2018-02-12T12:28:03Z","timestamp":1518438483000},"page":"40","update-policy":"https:\/\/doi.org\/10.3390\/mdpi_crossmark_policy","source":"Crossref","is-referenced-by-count":10,"title":["Mean-Variance Analysis of Retailers Deploying RFID-Enabled Smart Shelves"],"prefix":"10.3390","volume":"9","author":[{"given":"Lijing","family":"Zhu","sequence":"first","affiliation":[{"name":"Academy of Chinese Energy Strategy, China University of Petroleum-Beijing, 18 Fuxue Road, Changping, Beijing 102200, China"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Peize","family":"Wang","sequence":"additional","affiliation":[{"name":"Academy of Chinese Energy Strategy, China University of Petroleum-Beijing, 18 Fuxue Road, Changping, Beijing 102200, China"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Sha","family":"Xi","sequence":"additional","affiliation":[{"name":"School of Economics and Management, Tianjin Chengjian University, 26 Jinjing Road, Xiqing, Tianjin 300384, China"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"1968","published-online":{"date-parts":[[2018,2,12]]},"reference":[{"key":"ref_1","doi-asserted-by":"crossref","first-page":"152","DOI":"10.1016\/j.jengtecman.2011.09.011","article-title":"A review of RFID technology and its managerial applications in different industries","volume":"29","author":"Zhu","year":"2012","journal-title":"J. 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