[Market Simulation] MS-241 Dynamic Costs

Dynamic Costs mean the incremental Cost of making and selling a Product can change. For example, the Cost To Make (CTM) a Product can decrease with scale as production volume increases. And the Cost To Serve (CTS) some Customers may be greater than the CTS of other Customers.

Uses the KNIME Extension: Market Simulation by Scientific Strategy - Community Edition

A comprehensive description of this workflow with step-by-step instructions can be found at the Scientific Strategy website:
https://scientificstrategy.com/ms-241/

External resources

• [Market Simulation] MS-241 Dynamic Costs