Corpus ID: 80024358

A stochastic model for market opportunity assessment

@inproceedings{Zhao2017ASM,
  title={A stochastic model for market opportunity assessment},
  author={Yushan Zhao},
  year={2017}
}
Market opportunity assessment is crucial for organizational survival. Past research is mostly static and not able to deal with dynamic real world problems. A serious shortcoming of past research is that market opportunity assessment is treated as a static decision rather than a dynamic, ongoing process. Researchers do not include considerations such as the timing of the decision and changing conditions. Based on the research of the knapsack problem (secretary problem), this study develops a… Expand

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