A linear demand curve is a line representing the relationship between the demand for a product or service and its price. Everyone knows that sales are proportional to price: The more you charge for an ...

In this paper, an economic order quantity (EOQ) model is developed for deteriorating items with linear demand pattern and variable deterioration rate. Shortages are allowed and partially backlogged.

Linear regression (LR) is one of the most popular and understandable ways to model demand. The coefficients on each variable in the fitted regression equation tell us exactly how much a change in each ...

This article presents a Monte Carlo evaluation of some alternative estimators for a demand model when the budget constraint is piecewise-linear and the budget set is convex. We examine the performance ...

Abstract: The problem of cross-subsidy in my country's electricity prices is particularly prominent and needs to be solved urgently in terms of fairness and economic efficiency. Reasonable tiered ...

This project is a multi-agent simulation of supply and demand using the JADE (Java Agent DEvelopment) framework. It models the interactions between a producer and multiple consumers, each with ...

Department of Economics, Clarion University of Pennsylvania, Clarion, USA. Department of Marketing, Clarion University of Pennsylvania, Clarion, USA. Sanchez School of Business, Texas A & M ...