Abstract:
There is
constructed the dynamic optimal control problem of promotion
expenses, taking into account distributed lags of advertising and
accumulated firm goodwill. There is solved the problem of
maximizing a total profit of a company for the planning period
under the restriction, reflects the reaction of the target
audience. In this case initial problem is formulated as a system
of equations of Volterra type.
Keywords:promotion expenses control; model
with distributed lag of advertising; accumulated firm goodwill;
optimal control; integral equations of Volterra type.