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Linear Pricing Schedule - A pricing schedule in which there is a fixed price per unit, such that where total price paid is represented by T(q), quantity is represented by q and price per unit is represented by a constant p, T(q) = pq [1]
Nonlinear pricing is a broad term that covers any kind of price structure in which there is a nonlinear relationship between price and the quantity of goods. An example is affine pricing . A nonlinear price schedule is a menu of different-sized bundles at different prices, from which the consumer makes his selection.
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A two-part tariff (TPT) is a form of price discrimination wherein the price of a product or service is composed of two parts – a lump-sum fee as well as a per-unit charge. [1] [2] In general, such a pricing technique only occurs in partially or fully monopolistic markets.
Earned schedule (ES) is an extension to earned value management (EVM), which renames 2 traditional measures, to indicate clearly they are in units of currency or quantity, not time. Earned value management (EVM) is a project management technique for measuring project progress in an objective manner, with a combination of measuring scope ...
For example, if the demand function has the form = then the inverse demand function would be =. [5] Note that although price is the dependent variable in the inverse demand function, it is still the case that the equation represents how the price determines the quantity demanded, not the reverse.
Nonlinear ones are of particular interest for their commonality in describing real-world systems and how much more difficult they are to solve compared to linear differential equations. This list presents nonlinear ordinary differential equations that have been named, sorted by area of interest.
It is an approach for the control of non-linear systems that uses a family of linear controllers, each of which provides satisfactory control for a different operating point of the system. One or more observable variables, called the scheduling variables , are used to determine the current operating region of the system and to enable the ...
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