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Please use this identifier to cite or link to this item: http://hdl.handle.net/11375/5440
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dc.contributor.authorAbad, Prakash L.en_US
dc.contributor.authorMcMaster University, Faculty of Businessen_US
dc.date.accessioned2014-06-17T20:41:56Z-
dc.date.available2014-06-17T20:41:56Z-
dc.date.created2013-12-23en_US
dc.date.issued1986-02en_US
dc.identifier.otherdsb/103en_US
dc.identifier.other1102en_US
dc.identifier.other4944126en_US
dc.identifier.urihttp://hdl.handle.net/11375/5440-
dc.description<p>20 leaves : ; Includes bibliographical references (leaves 19-20). ;</p>en_US
dc.description.abstract<p>An optimal control model of a marketing-production system is formulated. The Marketing subsystem in the model is represented by the Nerlove -Arrow model of advertising and the production subsystem by the HMMS model of production planning. Using the proposed model as a reference point, a decentralized procedure is designed for coordinating pricing, advertising, production and work-force level related decisions in a firm. Attention is especially devoted to the case when the demand for the product is highly seasonal. An example is presented to illustrate the procedure.</p>en_US
dc.relation.ispartofseriesResearch and working paper series (McMaster University. Faculty of Business)en_US
dc.relation.ispartofseriesno. 242en_US
dc.subjectBusinessen_US
dc.subjectBusinessen_US
dc.subject.lccMarketing > Mathematical models Product management > Mathematical modes Production planning > Mathematical modelsen_US
dc.titleCordination of pricing, advertising, production and work-force level decisions in a functionally decentralized firmen_US
dc.typearticleen_US
Appears in Collections:DeGroote School of Business Working Paper Series

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