Proceedings of the 2014 International Conference on Economic Management and Trade Cooperation

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/).

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Volume Title
Proceedings of the 2014 International Conference on Economic Management and Trade Cooperation
Series
Advances in Intelligent Systems Research
Publication Date
April 2014
ISBN
978-94-6252-008-0
ISSN
1951-6851
DOI
10.2991/emtc-14.2014.29How to use a DOI?
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  -