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  • 标题:A multi objective geometric programming approach for electronic product pricing problem
  • 本地全文:下载
  • 作者:Mohsen Fathollah Bayati ; Ahmad Makui
  • 期刊名称:Management Science Letters
  • 印刷版ISSN:1923-9335
  • 电子版ISSN:1923-9343
  • 出版年度:2011
  • 卷号:1
  • 期号:3
  • 页码:371-378
  • DOI:10.5267/j.msl.2011.02.001
  • 出版社:Growing Science
  • 摘要:Nowadays electronic commerce plays an important role in many business activities, operations, and transaction processing. The recent advances on e-businesses have created tremendous opportunities to increase profitability. This paper presents a multi-objective marketing planning model which simultaneously determines efficient marketing expenditure, service cost and product's selling price in two competitive markets. To solve the proposed model, we discuss a multi-objective geometric programming (GP) approach based on compromise programming method. Since our proposed model is a signomial GP and global optimality is not guaranteed for the problem, we transform the model to posynomial form. Finally, the solution procedure is illustrated via a numerical example and a sensitivity analysis is presented
  • 关键词:Optimal pricing Optimization Multi-objective decision making Geometric programming Compromise programming
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