DocumentCode
2849996
Title
The research on the pricing strategy of the skiing park
Author
Yue, Xiaoning ; Chen, Daren
Author_Institution
Sch. of Sci., Shenyang Univ., Shenyang, China
fYear
2010
fDate
26-28 May 2010
Firstpage
491
Lastpage
495
Abstract
By introducing the Cobb-Douglas demand function and the cross-price elasticity of the skiing park, the relation between the requirement of the consumers and the unit-price has been established. With the profit of the skiing park owner as the objective function, the conditions of the maximizing the profit have been presented and the prices of all the service grading when the function of profit takes the maximum have been given. It is significant for making the most rational prices of the skiing park and maintaining the behalf of both the owner and the consumers.
Keywords
pricing; profitability; Cobb-Douglas demand function; cross-price elasticity; pricing strategy; profit; skiing park; unit price; Computer science; Elasticity; Pricing; demand function; maximum; price elasticity; pricing; profit function;
fLanguage
English
Publisher
ieee
Conference_Titel
Control and Decision Conference (CCDC), 2010 Chinese
Conference_Location
Xuzhou
Print_ISBN
978-1-4244-5181-4
Electronic_ISBN
978-1-4244-5182-1
Type
conf
DOI
10.1109/CCDC.2010.5499003
Filename
5499003
Link To Document