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Optimization of customized pricing with multiple overlapping competing bids
(Indian Institute of Management Ahmedabad, 2016)
In this paper, we consider the case of project procurement where there is a single buyer and multiple sellers who are bidding. We consider one seller having one or more competitors. We formulate the pricing problem from ...
Development of utility function for vehicle insurance: Comparison of logarithmic goal programming method and conjoint analysis method
(Indian Institute of Management Ahmedabad, 2020-02-25)
The increase in competition among the vehicle insurance sectors has increased the number of policy options available in the market. This study focuses on the development of a utility function for these policies that will ...
A mathematical programming approach with revenue management in home loan pricing
(Indian Institute of Management Ahmedabad, 2020-02-25)
We formulate a dynamic pricing model for home loans for a bank. The model optimizes the net present value of money available at the end of 15 years subject to pricing limits and cash flows. We collected the real data from ...