CONTROL OF ENERGY EFFICIENCY IN INDUSTRY AND HOUSING AND COMMUNAL SERVICES
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Retail Price Calculation Mathematical Model with Correction of the Forecast of Demand for Goods
O.V. Loginovskiy, South Ural State University, Chelyabinsk, Russian Federation, loginovskiyo@mail.ru
A.V. Bal', South Ural State University, Chelyabinsk, Russian Federation, balalexv@gmail.com
Abstract
There are differentiated and broadened in process of every retail chain development range of goods, shops etc. This makes necessary to increase sales and profit, improve stock management efficiency, use different automatic retail price assessment and based on specific algorithms demand forecasting instruments. These specific algorithms should consider range of factors such as planning numbers, demand elasticity, different marketing actions and many others.The article describes retail prices assessment algorithm and mathematical model, which consider the factors mentioned above and beside allow to review demand forecasts considering price changes.
Keywords
retailer chain, pricing, forecasting
References
1. Galperin V.M. Mikroekonomika [Microeconomics]. St. Petersburg, Ekonomicheskaya shkola Publ., 1999. 348 p.
2. Dem’yanov V.F. Nedifferentsiruemaya optimizatsiya [Nondifferentiable Optimization]. Moscow, Nauka Publ., 1981. 384 p.
3. Chernorutskiy I.G. Metody optimizatsii v teorii upravleniya [Optimization methods in Control Theory]. St. Petersburg, Piter Publ., 2004. 104 p.
2. Dem’yanov V.F. Nedifferentsiruemaya optimizatsiya [Nondifferentiable Optimization]. Moscow, Nauka Publ., 1981. 384 p.
3. Chernorutskiy I.G. Metody optimizatsii v teorii upravleniya [Optimization methods in Control Theory]. St. Petersburg, Piter Publ., 2004. 104 p.
Source
Bulletin of the South Ural State University. Ser. Computer Technologies, Automatic Control, Radio Electronics, 2015, vol. 15, no. 1, pp. 123-127. (in Russ.) (Brief Reports)