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- W2897433898 abstract "In this essay, we study pricing and revenue optimization and its application in manufacturing industry.First, we present a review of the fundamentals of pricing and revenue management models. Then, we discuss three models of pricing: a single price stochastic model, a dynamic price stochastic model and a single price deterministic model based on geometric programming approach.For the single price deterministic model introduced by Sadjadi et al. [2] and assumed to be a posynomial geometric one, we prove that this assumption is not true. We propose an efficiently method inspired from the literature(Stephen Boyd et al. [5]) to solve it. Finally, we give some experimental results based on simulated data to illustrate the effectiveness of the proposed approach." @default.
- W2897433898 created "2018-10-26" @default.
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- W2897433898 date "2017-09-21" @default.
- W2897433898 modified "2023-09-27" @default.
- W2897433898 title "Optimization of dynamic pricing issues in manufacturing industry: coordination of pricing and production decisions" @default.
- W2897433898 hasPublicationYear "2017" @default.
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