Methodological aspects of managerial decision making related to price formation and optimization of product assortment

Аuthors

Burdina A. A.

Moscow Aviation Institute (National Research University), 4, Volokolamskoe shosse, Moscow, А-80, GSP-3, 125993, Russia

e-mail: anna_burdina@mail.ru

Abstract

A price formation technique is proposed, which contains an oscillating constituent to take into account amplitude oscillations for prices of competitors with regard to some basic trend. The technique is appropriate for using with the purpose of product yield finding to support more effective operation for a corresponding integrated automated informational and analytical management systems.