Customer Exposure to Sellers, Probabilistic Optimization and Profit Research

Autor:	Miltiadis Chalikias, Panagiota Lalou, Michalis Skordoulis
Jazyk:	angličtina
Rok vydání:	2019
Předmět:	probabilistic analysis optimization Lagrange equations operations research bomb fragmentation Mathematics QA1-939
Zdroj:	Mathematics, Vol 7, Iss 7, p 621 (2019)
Druh dokumentu:	article
ISSN:	2227-7390
DOI:	10.3390/math7070621
Popis:	This paper deals with a probabilistic problem in which there is a specific probability for a customer to meet a seller in a specified area. It is assumed that the area in which a seller acts follows an exponential distribution and affects the probability of meeting with a customer. Furthermore, the range in which a customer can meet a seller is another parameter which affects the probability of a successful meeting. The solution to the problem is based on a bomb fragmentation model using Lagrange equations. More specifically, using Lagrange equations, the abovementioned dimensions will be calculated in order to optimize the probability of a customer meeting a seller.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/7130d28132194ad99a98bf3c762551b2 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF Plný text ve formátu HTML
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