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dc.contributor.advisorCoyle, R.G.
dc.contributor.authorAbdel-Salam, Mahmoud Y.
dc.date.accessioned2011-09-22T16:52:10Z
dc.date.available2011-09-22T16:52:10Z
dc.date.issued2011-09-22
dc.identifier.urihttp://hdl.handle.net/10454/5064
dc.description.abstractThe objective of this thesis is to investigate and describe components of pricing system which influence the dynamic performance of a price leader manufacturing firm in an oligopoly capital intensive industry producing an identical intermediate product (s). The synthetic fibre industry is chosen as an illustrative case upon which the discussion is built. However, this work could generally be applied to a wide variety of organizations and situations. After discussing the suitability of system dynamics to the formulation of long-run pricing strategy, a model of the pricing system is constructed by using this technique. The behaviour of this system is examined in terms of feedback loops. That is to illustrate how the characteristics of these loops and the interaction among them affect the dynamic behaviour of the system, and how this behaviour can be improved via changing the components of these loops and/or their structures. The improved system is simulated under different external disturbances, certain parameter changes, and different pricing control policies. The simulation shows that the design of a set of robust pricing policies makes the system insensitive to external disturbance and error in parameters. It also shows that the ability of the firm to attain its growth and profitability objectives is affected by the chosen control pricing policies. Some potential applications of the model, particularly, as planning and training tools are highlighted. It is concluded that System Dynamics is an appropriate approach to the formulation of the long-run pricing strategies.en_US
dc.language.isoenen_US
dc.rights© 1978 Abdel-Salam, M. Y. This work is licensed under a Creative Commons Attribution-Non-Commercial-Share-Alike License (http://creativecommons.org/licenses/by-nc-nd/2.0/uk).en_US
dc.subjectOligopolistic marketsen_US
dc.subjectSystem dynamics studyen_US
dc.subjectSynthetic fibre industryen_US
dc.subjectManufacturingen_US
dc.subjectPricing strategiesen_US
dc.titlePricing policies in an oligopolistic market: A system dynamics study. A study of the design of pricing policies in a manufacturing firm, with specific reference to the synthetic fibre industry.en_US
dc.type.qualificationleveldoctoralen_US
dc.publisher.institutionUniversity of Bradfordeng
dc.publisher.departmentSchool of Studies in Management and Administrationen_US
dc.typeThesiseng
dc.type.qualificationnamePhDen_US
dc.date.awarded1978
refterms.dateFOA2018-10-24T01:21:35Z


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