• DocumentCode
    1300895
  • Title

    MARK-OPT — A negotiating tool for manufacturers and retailers

  • Author

    Singh, Madan G. ; Singh, J. Bhondi ; Corstjens, Marcel

  • Author_Institution
    Inst. of Sci. & Technol., Manchester Univ., UK
  • Issue
    4
  • fYear
    1985
  • Firstpage
    483
  • Lastpage
    495
  • Abstract
    Studies on parametric sensitivity and coalition forming in a marketing decision-support system are described. The case considered involves two manufacturers selling a product to two retailers. In addition, the system is extended to the case of N manufacturers and M retailers, and representative simulation studies are given for various combinations of manufacturers and retailers who may have multiple products. A brief description is given of the MARK-OPT negotiating programs.
  • Keywords
    decision support systems; marketing data processing; MARK-OPT negotiating programs; coalition forming; decision-support system; manufacturers; marketing; negotiating tool; parametric sensitivity; retailers; Cybernetics; Economies of scale; Elasticity; Equations; Mathematical model; Production; Sensitivity;
  • fLanguage
    English
  • Journal_Title
    Systems, Man and Cybernetics, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9472
  • Type

    jour

  • DOI
    10.1109/TSMC.1985.6313414
  • Filename
    6313414