Dynamic Prices allow Prices to vary by Customers. Different Customers might get different Prices because they can negotiate higher discounts. Or Customer Prices may vary because of different Shipping Costs. The Price Adjustment Variable (PAV) might be used when Prices vary by a percentage - such as when certain Customers get a percentage discount. The Price Adjustment Fixed (PAF) might represent different Shipping Costs.
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-242/
Workflow
[Market Simulation] MS-242 Dynamic Prices
External resources
Used extensions & nodes
Created with KNIME Analytics Platform version 4.3.0
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KNIME AG, Zurich, Switzerland
Versions 4.2.0, 4.3.0
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KNIME AG, Zurich, Switzerland
Version 4.3.0
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KNIME AG, Zurich, Switzerland
Version 4.3.0
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KNIME AG, Zurich, Switzerland
Version 4.3.0
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Decision Ready, LLC
Version 4.3.0
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