All too many companies, however, use simplistic pricing processes and cannot even identify their most profitable customers or customer segments.
"In very simplistic terms if the pound drops and stays down then prices will go up, you don't need to be a genius to work that out, and if prices go up then the cost of living goes up".
First, this is a simplistic model, although this is commonly the price paid to make any model tractable.
Elsewhere in the 3D printer market, consumer-focused makers are doing what they can to squeeze additive manufacturing into increasingly simplistic cubes which carry a sub-$200 price-tag, such as the MOD-T printer or the Micro.
"It is too simplistic to suggest that gender or age determines price".
"It was a simplistic, Economics 101 lesson, that if you raise prices, farmers produce more, which makes sense if farmers have roads, access to credit, good access to fertilizer markets," he said.
Our approach is simplistic in that we currently use ex-vessel prices and production, and hence assume that productivity is proportional to profitability.
But delving just a little into the actual cost of producing oil, rather than its price, suggests this view may be a little simplistic.
But by looking at the region exclusively through the oil lens, he reduces foreign policy to simplistic energy imperialism, concluding with exaggerated visions of endless energy wars, floods of refugees, oil price shocks and ever-growing foreign military commitments.
House Speaker John Boehner in a pithy, horribly simplistic, but effectual retort to the cry for a minimum wage increase said "When you raise the price of employment, you get less of it".
