Mathematical Techniques for Economic Analysis.

Economica ◽  
1974 ◽  
Vol 41 (161) ◽  
pp. 102
Author(s):  
Stephen Glaister ◽  
Arthur Benavie
2021 ◽  
Vol 69 (2) ◽  
pp. 137-145
Author(s):  
N. Golda ◽  
I. Pinak ◽  
N. Polishchuk

The features of the mechanism of heuristic methods application in marketing modeling are investigated in this paper. The essence of methods of economic analysis in advertising is revealed. Approaches to media planning using heuristic methods are analyzed in detail. Step-by-step evaluation matrix and expert preferences matrix for ranking the advertising evaluation criteria are proposed. The use of integrated models for advertising campaigns modeling is substantiated. Mathematical expressions for their application in the integrated models construction and the use of heuristic methods in media planning are presented. The matrix of expert advantages in terms of ranking the advertising evaluating criteria is proposed. The application of «Delphi» method for processing the results of the analysis of iterative opinions convergence is proposed. The results of modeling the options for evaluating the advertising media choice are presented. It is proved that in the market economy the importance of modeling marketing processes is growing and is that firstly it is necessary to test it on laboratory models, and then in the current market conditions to model the processes required for quality activities in the market. During the crisis most of the companies need strategic forecasting of their activities and for this purpose it is advisable to use methods of economic analysis. It is investigated that heuristic methods (methods of activating creativity, non-standard thinking) include the group of methods for generating solutions of problems. It is determined that the methods of heuristic search are diverse and include both methods of activating creativity and their modification and combination. It is proposed to conduct modeling using heuristic methods in several stages. For this purpose, step-by-step model including thirty steps is used. In this paper expert methods for marketing analysis are used, as they are a set of logical and mathematical techniques, as a result of which experts receive the information necessary for making informed rational management decisions. Both methods of non-directional search including methods of brainstorming, expert assessments, associations and analogies, control questions, collective notebook and directional search, including the algorithm for solving inventive problems are used in this investigation. Heuristic methods are used in marketing analysis because they involve the study and formalization of human thinking in solving various problems. It is proposed in this paper to improve the algorithm for choosing the optimal type of advertising, which is carried out in four stages and has clear heuristic basis. It is offered in this algorithm to include the definition of complex priority in the third stage making it possible to estimate qualitatively the selected options of advertising. The complex indicator for each type of advertising is defined as the sum of products of the relative priorities of advertising on the relative priorities of the criteria for their evaluation. The type of advertising receiving the highest priority can be considered as the best one for the company.


1973 ◽  
Vol 83 (329) ◽  
pp. 297
Author(s):  
G. A. Hughes ◽  
A. Benavie

1981 ◽  
Vol 26 (3) ◽  
pp. 199-200
Author(s):  
Frederick Mulhauser
Keyword(s):  

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