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iDEA: DREXEL LIBRARIES E-REPOSITORY AND ARCHIVES

iDEA: DREXEL LIBRARIES E-REPOSITORY AND ARCHIVES

Main sections

On-line decision support fuzzy systems: an application to product pricing

Details
Title
On-line decision support fuzzy systems: an application to product pricing
Author(s)
Comes, Rogirio; Paclieco, Roberto; Martins, Alejandro; Weber, Rosina O.; Barcia, Ricardo Miranda
Keywords
Intelligent Systems; Fuzzy Systems; Commuting; Lanpages; JAVA; Product Pricing
Date
2006
Abstract
The extremely fast development of software tools in the last few years has open a completely new perspective for computing systems. The emergence of commuting languages such as Per1 and Java has made possible the development of on-line systems running as cross-platform programs. In this article we present an example of such systems: a commuting system for cost analysis. The system provides an analysis of the cost structure of a firm and can be accessed through the Internet as an on-line application. The aim of the application presented in this paper is to perform product pricing evaluation. The fuzzy system evaluates an initial product pricing which is the result of a contribution margin entered by the user. After iterative cycles, the system reaches a pricing decision; the latest decision is such that a contribution margin correction is no longer necessary. At this point, the fuzzy system returns a pricing suggestion to the user. This answer is associated with a contribution margin value and with a rate of return forecast.
Citation
Paper presented at the Annual Meeting of the North American Fuzzy Information Processing Society, NAFIPS 97: pp. 15 - 20.
URI
http://dx.doi.org/10.1109/NAFIPS.1997.624004; http://hdl.handle.net/1860/2019
In Collections
Drexel Research

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