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Based on a heterogeneous customer model, we derive the optimal pricing strategies for different supply policies and market structures.
Cuckoo metaheuristic algorithm was also used to optimize warranty periods in a heterogeneous customer population (Roozitala and Asgharizadeh 2013).
In this section, we propose how to explicitly account for segments of customers (heterogeneous customer demand) in a linear mixed-integer model formulation of (2)–(4).
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What are the optimal intertemporal pricing strategies for firms when facing heterogeneous customers?
In a multi-period setup, heterogeneous customers strategically evaluate their utility and decide where to buy.
Finally, we analyze the impact of limited attention on the screening of heterogeneous customers.
Second, with asymmetric information and heterogeneous customers, an auction is more profitable for the seller than a posted price (Wang 1993).
Different from Tereyagoglu and Veeraraghavan (2012) we focus on pricing strategies in two periods facing heterogeneous customers, excluding the production strategy.
Knowledge discovery techniques are applied to support personalization according to an inner established model that anticipates customer heterogeneous requirements.
St. John and Cassady (2010) considered a heterogeneous population of customers based on exponentially distributed failures to develop this study and form the basis of theoretical research.
In this paper, FRW policy based on heterogeneous population of customers was developed based on different application intensities with statistical distribution of Weibull.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com