The Model of Cost Optimization in Sales Process
Authors
Chen Xin-Yi
Corresponding Author
Chen Xin-Yi
Available Online April 2014.
- DOI
- 10.2991/emtc-14.2014.29How to use a DOI?
- Keywords
- stochastic optimization, sales, sales period, penalty function.
- Abstract
This paper puts forward a method for optimizing sales cost of a special kind of sales with randomicity. This method transforms stochastic optimization into a determinable one. It has two steps: first, by the means of mean sales amount, the problem is transformed into a discrete variate optimization one without randomicity, second, by the means of penalty function method, the discrete variate optimization problem is transformed into a continuous variate optimization problem. This method is expected to be effective for sales cost optimization of wholesale.
- Copyright
- © 2014, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Chen Xin-Yi PY - 2014/04 DA - 2014/04 TI - The Model of Cost Optimization in Sales Process BT - Proceedings of the 2014 International Conference on Economic Management and Trade Cooperation PB - Atlantis Press SP - 167 EP - 171 SN - 1951-6851 UR - https://doi.org/10.2991/emtc-14.2014.29 DO - 10.2991/emtc-14.2014.29 ID - Xin-Yi2014/04 ER -