Результаты исследований: Публикации в книгах, отчётах, сборниках, трудах конференций › статья в сборнике материалов конференции › научная › Рецензирование
Dynamic marketing model : optimization of retailer’s role. / Bykadorov, Igor.
Optimization and Applications - 9th International Conference, OPTIMA 2018, Revised Selected Papers. ред. / Yury Kochetov; Michael Khachay; Yury Evtushenko; Vlasta Malkova; Mikhail Posypkin; Milojica Jacimovic. Springer-Verlag GmbH and Co. KG, 2019. стр. 399-414 (Communications in Computer and Information Science; Том 974).Результаты исследований: Публикации в книгах, отчётах, сборниках, трудах конференций › статья в сборнике материалов конференции › научная › Рецензирование
}
TY - GEN
T1 - Dynamic marketing model
T2 - 9th International Conference on Optimization and Applications, OPTIMA 2018
AU - Bykadorov, Igor
PY - 2019/1/1
Y1 - 2019/1/1
N2 - 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.
AB - 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.
KW - Pass-through
KW - Pricing
KW - Retailer
KW - Sale motivation
UR - http://www.scopus.com/inward/record.url?scp=85061211487&partnerID=8YFLogxK
U2 - 10.1007/978-3-030-10934-9_28
DO - 10.1007/978-3-030-10934-9_28
M3 - Conference contribution
AN - SCOPUS:85061211487
SN - 9783030109332
T3 - Communications in Computer and Information Science
SP - 399
EP - 414
BT - Optimization and Applications - 9th International Conference, OPTIMA 2018, Revised Selected Papers
A2 - Kochetov, Yury
A2 - Khachay, Michael
A2 - Evtushenko, Yury
A2 - Malkova, Vlasta
A2 - Posypkin, Mikhail
A2 - Jacimovic, Milojica
PB - Springer-Verlag GmbH and Co. KG
Y2 - 1 October 2018 through 5 October 2018
ER -
ID: 18503385