Dynamic marketing model: optimization of retailer’s role Научная публикация
| Конференция |
9th International Conference on Optimization and Applications 01-05 окт. 2018 , Petrovac |
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| Журнал |
Communications in Computer and Information Science
ISSN: 1865-0929 |
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| Вых. Данные | Год: 2019, Том: 974, Страницы: 399-414 Страниц : 16 DOI: 10.1007/978-3-030-10934-9_28 | ||||||
| Ключевые слова | Pass-through; Pricing; Retailer; Sale motivation | ||||||
| Авторы |
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| Организации |
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Реферат:
We study a vertical control distribution channel in which a manufacturer sells a single kind of good to a retailer. The state variables are the cumulative sales and the retailer’s motivation. The manufacturer chooses wholesale price discount while retailer chooses pass-through. We assume that the wholesale price discount increases the retailer’s sale motivation thus improving sales. In contrast to previous settings, we focus on the maximization of retailer’s profit with respect to pass-through. The arising problem is linear with respect to both cumulative sales and the retailer’s motivation, while it is quadratic with respect to wholesale price discount and pass-through. We obtain a complete description of optimal strategies and optimal trajectories. In particular, we demonstrate that the number of switches for change in the type of optimal policy is no more than one. © Springer Nature Switzerland AG 2019.
Библиографическая ссылка:
Bykadorov I.
Dynamic marketing model: optimization of retailer’s role
Communications in Computer and Information Science. 2019. V.974. P.399-414. DOI: 10.1007/978-3-030-10934-9_28 Scopus OpenAlex
Dynamic marketing model: optimization of retailer’s role
Communications in Computer and Information Science. 2019. V.974. P.399-414. DOI: 10.1007/978-3-030-10934-9_28 Scopus OpenAlex
Идентификаторы БД:
| Scopus: | 2-s2.0-85061211487 |
| OpenAlex: | W2910984422 |