scholarly journals A FRAMEWORK FOR BUYERS’ HOUSE SELECTION CRITERIA VS. POST-OCCUPANCY RESIDENTIAL SATISFACTION LEVELS IN NORTH CYPRUS

2020 ◽  
Vol 0 (0) ◽  
pp. 1-15
Author(s):  
Mehmedali Egemen
Keyword(s):  
Selection Criteria ◽  
Residential Satisfaction ◽  
Product Selection ◽  
North Cyprus ◽  
Building Market ◽  
Competitive Prices ◽  
Proper Design ◽  
Selection Stage ◽  
House Buyers ◽  
House Building

Intense competition existing in speculative house-building market creates an industry dominated by client groups. This paper provides insights into house-buyers’ perceptions of a set of criteria contributing to their selection of the product (house) to buy together with the post-occupancy residential satisfaction levels reached after their selections, by presenting survey findings of 320 house-buyers in North Cyprus house-building market. A striking finding was the fact that the responding house-buyers belonging to different categories had very significantly different priorities in the house selection stage. Therefore, market segmentation is the area with a great potential for competitive advantage which will help the house-builders to focus on the product selection criteria of buyers in specific segments so that the capabilities and the strategies of the company can be presented in ways best suited to take advantage of these. Furthermore, the findings demonstrated that price/payment method, design and customization were all crucially important for the buyers. Therefore, builders should focus on determining the optimum customization to offer greater product choice and a proper design without losing their competitive prices. The post-occupancy residential satisfaction values varied significantly according to the categories of house-buyers. This study will combine house-buyers’ product selection criteria and the related satisfaction levels reached during post-occupancy stage. Although this study was based on input provided by house-buyers in North Cyprus market, we believe the findings are of good value to builders and buyers in other similar markets.

Product Selection and Investment Appraisal for Flexible Assembly

1987 ◽  
Vol 201 (1) ◽  
pp. 35-40 ◽  
Author(s):  
D F Williams ◽  
A M El-Tamimi ◽  
S M A Suliman
Keyword(s):  
Selection Criteria ◽  
Selection Problem ◽  
Product Selection ◽  
Efficient System ◽  
Early Design ◽  
Flexible Assembly ◽  
Investment Appraisal ◽  
Early Design Stages

An approach has been developed for the solution of the flexible assembly product selection problem. Identifying suitable products for the system is achieved by a set of product selection criteria which is based on the technological adaptability and financial requirements of competing products. The method developed enhances early design stages by providing the most appropriate candidate product(s) and enabling an efficient system to be selected.

scholarly journals Multi-Criteria Decision Making with the VIKOR and SMARTER Methods for Optimal Seller Selection from Several E-Marketplaces

2020 ◽  
Vol 202 ◽  
pp. 14002
Author(s):  
Miftahul Arif ◽  
Jatmiko Endro Suseno ◽  
R. Rizal Isnanto
Keyword(s):  
Decision Making ◽  
Case Studies ◽  
Selection Criteria ◽  
Multi Criteria Decision Making ◽  
Vikor Method ◽  
Product Price ◽  
Weighted Index ◽  
Competitive Prices ◽  
Seller Selection

Many similar products offered by several sellers in e-marketplace applications make the buyers need to be more selective when shopping. This article addresses the prioritization of the goods sellers alternatives in e-marketplace by integrating the VIKOR with the SMARTER method for the process of multi-criteria decision making (MCDM) by considering various variables as selection criteria. There are five variables of sellers in the e-marketplace that are used as selection criteria, namely: product price, number of products sold, seller score rating, number of reviews with five stars, and location distance. The SMARTER method is used to determine the criteria weight, and the VIKOR model to rank the alternative priorities according to the weighted index. The case studies are conducted on three e-marketplace in Indonesia with the most number of monthly web visitors, namely: Shopee, Tokopedia, and Bukalapak. Finally, integration of SMARTER and VIKOR method allows the buyers to get the good products at competitive prices from the optimal goods sellers in the e-marketplace.

scholarly journals Success and Failure in Flexible Building

2011 ◽  
Vol 36 (1) ◽  
pp. 54-62
Author(s):  
Rob Geraedts
Keyword(s):  
Construction Sector ◽  
Building Projects ◽  
The Real Estate ◽  
Real Estate Sector ◽  
Building Process ◽  
Building Market ◽  
Role Players ◽  
Building Project ◽  
House Building ◽  
Practical Recommendations

In the present demand-driven market, consumers play a key role. Players in the house-building market, as in other sectors, need to listen to the consumer's requirements – and these are continually changing. The real estate sector is rather rigid in its practices, yet those working in it will need to respond to the fluctuating wishes and demands of their consumers. One possible response is to adopt a flexible building strategy. Industrial Flexible Demountable (IFD) building has recently been a subject of debate in the Dutch construction sector. This is a special type of construction involving experimental projects, experimentation being the first step in optimising a renewed production process or product. The building process is currently subject to various construction-related and organisational obstacles. This means that, in some cases, the objectives (which are focused on consumer-oriented building practices) were not being achieved. It was necessary to identify the problem areas and to consider the available opportunities for optimising the building process in future IFD house-building projects. The results of this study have been incorporated into guidelines containing a step-by-step plan. This plan sets out practical recommendations for market actors who wish to initiate an IFD house-building project. This study's conclusions and recommendations form the basis for the seven stages that such parties will need to complete before starting on such a project.

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