NDLI: Optimal pricing of a personalized product

Content Provider	Springer Nature Link
Author	Sethi, Suresh P.
Copyright Year	2008
Abstract	This paper deals with optimal pricing of a personalized product such as a personal portrait or photo. A new model of the pricing structure inspired by two real-life cases is introduced to the literature and solved to obtain optimal photo sitting fees and the final product price. A sensitivity analysis with respect to the problem parameters is performed.
Starting Page	30
Ending Page	35
Page Count	6
File Format	PDF
ISSN	10043756
Journal	Journal of Systems Science and Systems Engineering
Volume Number	17
Issue Number	1
e-ISSN	18619576
Language	English
Publisher	SP Systems Engineering Society of China
Publisher Date	2007-12-08
Publisher Place	Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Personalized product pricing salvage loss Operations Research/Decision Theory Game Theory/Mathematical Methods Systems and Information Theory in Engineering
Content Type	Text
Resource Type	Article
Subject	Control and Systems Engineering Information Systems

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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Optimal pricing of a personalized product