Study of the Dynamics of Product Sales Process with the Help of Zolotas Model
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Date
2024
Journal Title
Journal ISSN
Volume Title
Publisher
Oles Honchar Dnipro National University, Dnipro
Abstract
ENG: . A new mathematical model describing the dynamics of sales of goods on the
market has been proposed. This model takes into account the following characteristics:
the average welfare of buyers, the maximum welfare of buyers, the number of buyers who
know about the incoming product and the level of market saturation with this product.
Examples demonstrating the features of the constructed model are given.
Description
V. Belozyorov: ORCID 0000-0003-2888-8876
Keywords
process of product sales, Zolotas model, system of ordinary autonomous
differential equations, stability, limit cycle, КІТ
Citation
Belozyorov V. Ye., Volkova S. A. Study of the Dynamics of Product Sales Process with the Help of Zolotas Model. Journal of Optimization, Differential Equations and their Applications. 2024. Vol. 32, Iss. 1. P. 33–54. DOI: 10.15421/142402.