Dynamic Models for Sales Promotion Policies
Dynamic Models for Sales Promotion Policies
复制标题
促销政策的动态模型
DOI:
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发表时间:
1973
期刊:
影响因子:
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通讯作者:
L. Thomas
中科院分区:
文献类型:
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作者:
V. Rao;L. Thomas
This paper presents several models for decisions on budget and operational details (price-off and duration) of a sales promotion for consuLmer goods industries and retail sector. The solutions to the one-period problem are generalized using the dynamic programming methods to the more common case of a multi-period-situation. Several special cases of the general dynamic programming model are discussed along with numerical examples. Finally, the ways of utilizing historical data for an ongoing firm for estimating the parameters of the models are presented.