2008 4th International Conference on Wireless Communications, Networking and Mobile Computing 2008
DOI: 10.1109/wicom.2008.2998
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Modeling Analysis on New Products Potential Profits

Abstract: New products potential profits prediction is a quite difficult task involving a lot of factors such as market construct, pricing strategy and technique capacity performance. The principles of cybernetics and system dynamics (SD) have been used in constructing models, which is developed to analyze the factors related. The results indicate that market-skimming pricing strategy is suitable for the market with customers who behave more like innovators. In the contrary, market-penetration pricing strategy will be b… Show more

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Cited by 1 publication
(2 citation statements)
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“…Then, a SD model was presented for planning scenarios to make predicting models that help financial managers to make better decisions. (Yu et al, 2008) employed a system dynamic model for analysis and prediction of profit of the new products and pricing strategy approach. (Antonio and Laura, 2009) carried out a SD model to analyse a model for understanding customer loyalty.…”
Section: Related Workmentioning
confidence: 99%
See 1 more Smart Citation
“…Then, a SD model was presented for planning scenarios to make predicting models that help financial managers to make better decisions. (Yu et al, 2008) employed a system dynamic model for analysis and prediction of profit of the new products and pricing strategy approach. (Antonio and Laura, 2009) carried out a SD model to analyse a model for understanding customer loyalty.…”
Section: Related Workmentioning
confidence: 99%
“…Yu et al (2008) Focusing of manufacturing companies on pricing strategy and cost reductionCai et al (2009) Proposing a financial decision support system to maintain a company's growth rate, profit margin, and cash storage Antonio and Laura (2009) A SD model to better understand customer loyalty Kibira et al (2009) A framework for sustainable manufacturing through the application of SD simulation Yi-han and Hong-xin (2010) Adjusting different parameters and target values in different scenarios assist corporates in analysing financial activities and attaining the business goal Reiner et al (2015)The effectiveness of sales on preventing negative reactions of consumers to sudden rises in priceSouza et al (2018) SD along with scenario-based planning enhances understanding of the demand dynamics of a styrene company in the Brazilian market and leads to revise strategies based on the scenarios Bastan et al (…”
mentioning
confidence: 99%