Pricing Management in Social Industries: Algorithms and Models & Methods
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Creator Daria Zamotajlova, Elena Popova, Tat'yana Baranovskaya, Elena Khudyakova, Marina Stepantsevich
Title Pricing Management in Social Industries: Algorithms and Models & Methods
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Publisher TuEngr Group
Publication Year 2564
Journal Title International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies
Journal Vol. 12
Journal No. 12
Page no. 12A12Q: 1-11
Keyword pricing, tariff setting, compromise tariff, social industries, analysis of alternatives, tools.
URL Website http://TuEngr.com/Vol12_12.html
Website title ITJEMAST V12(12) 2021 @ TuEngr.com
ISSN 2228-9860
Abstract The paper is devoted to an overview of the research results on developing practical tools for managing pricing and tariff formation in social spheres. The authors' algorithms, methods, and models are described in detail and tested on actual data. The possibility of flexible customization of the developed toolkit makes it possible to take into account all the features of the functioning of social industries (both in general and for each sector under consideration separately), and also makes the process of calculating prices and tariffs transparent for all participants in social market transactions. The method of compromise pricing, which is the basis for calculating expenses and tariffs, allows not only to obtain a "fair" price (tax) for a service but also to determine the volume of social demand, which cannot be estimated within the framework of the currently applied methods. A vital development feature is also the ability to select optimal buyer-seller pairs using the adapted TOPSIS method.
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