Stock-Market Related Price Determination in Consideration of Time Dynamic Cost Factors

Publikation: Beitrag in FachzeitschriftKonferenzaufsatz in FachzeitschriftForschungPeer-Review

Autorschaft

  • Andrea Nemeti
  • Berend Denkena
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Details

OriginalspracheEnglisch
Seiten (von - bis)593-598
Seitenumfang6
FachzeitschriftProcedia CIRP
Jahrgang33
PublikationsstatusVeröffentlicht - 2 Juli 2015
Veranstaltung9th CIRP International Conference on Intelligent Computation in Manufacturing Engineering, CIRP ICME 2014 - Capri, Italien
Dauer: 23 Juli 201425 Juli 2014

Abstract

Providing their customers with the most accurate pricing has become one of the key competitive factors ensuring commercial success for tool and mould manufacturers. However, time dynamic costs influence the pricing calculations significantly, indeed, they are rarely taken into consideration adequately. This paper presents an approach which allows to improve conventional tool performances by developing a novel forecasting method which combines mechanisms related to the stock market with techniques of stochastic prediction methods.

ASJC Scopus Sachgebiete

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Stock-Market Related Price Determination in Consideration of Time Dynamic Cost Factors. / Nemeti, Andrea; Denkena, Berend.
in: Procedia CIRP, Jahrgang 33, 02.07.2015, S. 593-598.

Publikation: Beitrag in FachzeitschriftKonferenzaufsatz in FachzeitschriftForschungPeer-Review

Nemeti A, Denkena B. Stock-Market Related Price Determination in Consideration of Time Dynamic Cost Factors. Procedia CIRP. 2015 Jul 2;33:593-598. doi: 10.1016/j.procir.2015.06.091
Nemeti, Andrea ; Denkena, Berend. / Stock-Market Related Price Determination in Consideration of Time Dynamic Cost Factors. in: Procedia CIRP. 2015 ; Jahrgang 33. S. 593-598.
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