Environmental Engineering Reference
In-Depth Information
Income
Tax
Company Factor
Government Factor
Construction Ability
Leadership
Industrial
Promotion
Economic Factor
GDP
<Price>
FIGURE 9.7
Modeling.of.industrial.promotion.
<Time>
Market Term
Price
Decision
Price
Supply
Demand
FIGURE 9.8
Modeling.price.
Industrial.promotion.has.three.factors:.the.company.factor,.economic.fac-
tor,. and. government. factor. (Figure 9.7). and. follows. a. procedure. similar. to.
academic. promotion.. The. subfactors. include. income,. construction. ability,.
GDP,.price,.tax,.and.leadership..Each.factor.is.quantiied.using.a.Monte.Carlo.
simulation. of. random. sampling. (Table 9.2). except. the. price. case.. That. is. to.
say,.in.case.of.income,.when.the.random.value.is.lower.than.0.2,.the.value.is.
0.and,.in.the.other.case,.it.is.1..This.is.the.importance.value,.which.is.deter-
mined.at.the.discretion.of.the.operator..The.importance.value.is.obtained.by.
random.sampling.and.a.given.value.of.0,.1,.or.2.in.Table 9.2..For.the.price.case,.
the.modeling.is.seen.in.Figure 9.8..The.event.lows.from.supply.to.demand.
and. feedback. from. demand.. In. the. price. decision,. the. value. is. cumulative.
based. on. the. difference. between. supply. and. demand,. which. have. plus. or.
minus.signs,.because.the.results.of.price.should.be.accumulated.based.on.its.
marketing.principle.which,.like.competition,.is.based.on.the.perceptions.of.
producers.and.consumers..This.is.expressed.in.the.event.low.diagram.as.a.
double.arrow.line.
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