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2. Ramsey problem - Wikipedia

   en.wikipedia.org/wiki/Ramsey_problem

   Ramsey problem. The Ramsey problem, or Ramsey pricing, or Ramsey–Boiteux pricing, is a second-best policy problem concerning what prices a public monopoly should charge for the various products it sells in order to maximize social welfare (the sum of producer and consumer surplus) while earning enough revenue to cover its fixed costs. Under ...

3. Value-based pricing - Wikipedia

   en.wikipedia.org/wiki/Value-based_pricing

   Value-based pricing. Value-based price (also value optimized pricing and charging what the market will bear) is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value. [1] The value that a consumer gives to a good or service, can then be defined as their willingness to pay for it ...

4. 32 mm cabinetmaking system - Wikipedia

   en.wikipedia.org/wiki/32_mm_cabinetmaking_system

   The 32 mm cabinetmaking system is a furniture construction and manufacturing principle used in the production of ready-to-assemble and European-style, frameless construction custom cabinets and other furniture. The system is in wide use globally, partly owing to IKEA using some of its elements (principally the 32 mm shelf support holes) in its ...

5. Cost-plus pricing - Wikipedia

   en.wikipedia.org/wiki/Cost-plus_pricing

   Cost-plus pricing is a pricing strategy by which the selling price of a product is determined by adding a specific fixed percentage (a "markup") to the product's unit cost. Essentially, the markup percentage is a method of generating a particular desired rate of return. [1] [2] An alternative pricing method is value-based pricing.

6. Weighted arithmetic mean - Wikipedia

   en.wikipedia.org/wiki/Weighted_arithmetic_mean

   The weighted arithmetic mean is similar to an ordinary arithmetic mean (the most common type of average ), except that instead of each of the data points contributing equally to the final average, some data points contribute more than others. The notion of weighted mean plays a role in descriptive statistics and also occurs in a more general ...

7. Calvo (staggered) contracts - Wikipedia

   en.wikipedia.org/wiki/Calvo_(staggered)_contracts

   Calvo (staggered) contracts. A Calvo contract is the name given in macroeconomics to the pricing model that when a firm sets a nominal price there is a constant probability that a firm might be able to reset its price which is independent of the time since the price was last reset. The model was first put forward by Guillermo Calvo in his 1983 ...