IntroductionThe nature and dynamics of consumer response to price (price elasti

IntroductionThe nature and dynamics of consumer response to price (price elasti.

Introduction
The nature and dynamics of consumer response to price (price elasticity).
Demand differences across customer segments and regions.
Seasonal variations in demand.
The impact of pricing decisions on firm profitability.
How you used pricing strategies to optimize inventory.
How you anticipated competitive reactions to pricing decisions.
How the simulation technology/tools helped you a) improve decision-making, b) increase efficiency, and c) increase competitiveness.
Conclusion to include a reflection on the debriefing slides and what you would do differently if you had to run the simulation again. (Will provide this section in two days).

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