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The research also suggested that the pricing decisions made by a record label play a significant role in the popularity of the so called "bucket plan," which allows a certain number of downloads for a set fee.
This study analyzes how oil price uncertainties impact decision making concerning an African oil exploration and production project conducted under the Risk Service Contract RSCC) by incorporating managerial flexibility through the application of real options analysis (ROA).
The calculation of cost efficiency requires complete and accurate information on the input prices at each decision making unit (DMU).
This paper has investigated a two-level price discount as a coordination plan which is characterized by two different aspects: (1) Marketing management: discount in retail price to increase the demand, and (2) Operations management: discount in wholesale price to induce the retailer to adjust its order quantity and retail price based on joint decision making.
To achieve it, a two-level price discount scheme is proposed: (1) discount in selling price to induce customers to buy more, and (2) a wholesale price discount to induce the retailer to adjust its order quantity and selling price based on joint decision making.
To these natural sources of risk must be added the high risk that stems from price fluctuations which complicates decision making with financial objectives.
A new conceptual framework for designing price forecasting approaches can be used to develop many different types of price forecasting models, while enhancing decision making at every level of the organization that deals with market prices.
Thus, expected rather than realized output prices are used for decision making.
Decision making of pricing by a service provider and that of joining membership by service receivers are analyzed using theoretical analysis, experiments with human subjects, and multi-agent simulation.
We refer to the capability whereby firms delay price decision and make sales in response to actual market condition as postponement.
2) For GenCos, electricity prices in different periods are essential for investment decision making.
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CEO of Professional Science Editing for Scientists @ prosciediting.com