Expected Profit Selling Goods of Variable Quality

1977 ◽  
Vol 103 (1) ◽  
pp. 67-78
Author(s):  
Loren D. Lutes
Keyword(s):  
Expected Profit ◽  
Variable Quality

PENGARUH KUALITAS PRODUK, HARGA, MEREK DAN SALURAN DISTRIBUSI TERHADAP VOLUME PENJUALAN PADA PT. GELANG GEMILANG JAYA BELLA SPRING BED SEMARANG

2020 ◽  
Vol 15 (1) ◽  
pp. 217-230
Author(s):  
Untung Widodo
Keyword(s):  
Data Analysis ◽  
Product Quality ◽  
Sampling Technique ◽  
Distribution Channels ◽  
Sales Volume ◽  
Independent Variables ◽  
Variable Distribution ◽  
Data Analysis Methods ◽  
Variable Quality

This research was conducted in order to test how much influence product quality, price and brand to the volume of sales at PT. Gemilang Jaya Bella bracelets Spring Bed Semarang. Independent variables include variable product quality, price and brand while the dependent variable is the volume of sales.In determining the data to be studied sampling technique used is the census. Census is a sampling technique when all members of the population used as a sample .. Respondents were selected is the consumer stores PT. Gemilang Jaya Bella bracelets Spring Bed Semarang. Thus obtained sample was 50 respondents. Data analysis methods used to perform hypothesis testing is multiple linear regression analysis.Based on the results of research that has been conducted on all data obtained, the importance of the research that 1). There is a positive and significant effect of the variable quality of the product (X1) to sales volume (Y). 2). There is a positive and significant impact on price variable (X2) to sales volume (Y). 3). There is a positive and significant impact on brand variables (X3) to sales volume (Y). 4). There is a positive and significant effect of the variable distribution channels (X4) to sales volume (Y)

What Advantages Can Be Expected from the Acceptance of Variable Quality Standards for Sewage Treatment Effluents?

1988 ◽  
Vol 20 (4-5) ◽  
pp. 249-251
Author(s):  
Jacques Bernard
Keyword(s):  
Water Quality ◽  
Sewage Treatment ◽  
Quality Standards ◽  
Quality Level ◽  
Environment Protection ◽  
Economical Benefit ◽  
Quality Objective ◽  
Set Up ◽  
Variable Quality

The flow and the water quality of the rivers vary throughout the year. Very frequently the environment protection authorities set up a quality objective for the river water and this mini mum quality level is constant. So, it wou1d seem possible to accept variable quality standards for plant effluents. A first approach of the problem,by a small French task group,based on three actual cases leads to the provisory conclusion that such a regulation is suitable and presents economical benefit only in some very limit ed cases.

scholarly journals Inventory decision in a periodic review inventory model with two complementary products

2021 ◽  
Author(s):  
Saeed Poormoaied
Keyword(s):  
Approximation Algorithm ◽  
Explicit Expression ◽  
Interaction Effect ◽  
Expected Profit ◽  
Base Stock ◽  
Optimal Solutions ◽  
Periodic Review ◽  
Profit Rate ◽  
Complementary Products ◽  
Demand Processes

AbstractInteraction effect across complementary products plays an important role in characterizing the optimal inventory policy. The inventory levels of complementary products are interrelated due to interaction between demand streams. In this paper, we consider a periodic review base-stock policy in the presence of two complementary products with interrelated demands and joint replenishment. Demands are modeled by a Poisson process and any unmet demand is lost. Demands can be in sets of one unit of each or jointly. If an arrival demand requests two products jointly and one of the products is not in stock, then the whole demand is lost. We aim to investigate how this interrelated demand phenomenon influences the optimal base-stock levels and the period length of a periodic review policy. We utilize the renewal reward theorem to derive the explicit expression of the expected profit rate in the system. The goal is to determine the optimal period length and the base-stock levels such that the expected profit rate is maximized. Enumeration and approximation algorithms are employed to find the optimal and near-optimal solutions, respectively. The approximation algorithm is based on a scenario with independent demand processes which results in an explicit expression for the long-run profit per time unit and leads to analytical solutions for optimal policies. Our numerical results reveal that the solutions obtained by the approximation algorithm are close to optimal solutions. Numerical experiences show that the maximum profit in the system is achieved if the proportion of customers with jointly demand increases. Moreover, the interaction effect between demand processes has a significant impact on the control policy performance when the units lost sales and unit holding costs are high, and the demand rare is low.

Assessing Reasonable Worst-Case Full-Shift Exposure Levels from Data of Variable Quality

2001 ◽  
Vol 16 (2) ◽  
pp. 210-217
Author(s):  
Hans Marquart ◽  
Hinkelien Van Drooge ◽  
Monique Groenewold ◽  
Joop Van Hemmen
Keyword(s):  
Worst Case ◽  
Full Shift ◽  
Exposure Levels ◽  
Variable Quality

scholarly journals The relative weight of traditions, economics, and catch plans in New Zealand fleet dynamics

2009 ◽  
Vol 66 (2) ◽  
pp. 291-311 ◽  
Author(s):  
Paul Marchal ◽  
Philippe Lallemand ◽  
Kevin Stokes
Keyword(s):  
New Zealand ◽  
Relative Weight ◽  
Fishing Effort ◽  
Expected Profit ◽  
Nested Logit ◽  
Individual Transferable Quota ◽  
Management Regime ◽  
One Year ◽  
Fleet Dynamics ◽  
Statistical Area

We investigate the relative weights of catch plans, expected profit, and traditions in fishers’ decision-making for five New Zealand fleets subject to an individual transferable quota (ITQ) management regime. Métiers were defined for these fleets as a combination of gears, management units, and a targeting index (either target species or statistical area). A nested logit random utility model was used to model the métier allocation of fishing effort in relation to catch plans, expected profit, and past fishing allocations. This study showed that traditions and catch plans appeared to be important determinants of fishers’ behavior for these New Zealand fleets. The model developed in this study fitted the data generally well and was also able to predict, in most cases, future effort allocation both one month and one year ahead.

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