this paper studies the dynamic behavior of price elasticity and its effects on the overall profit. although price elasticity has a significant effect on sales, its dynamics have not been examined so far in pricing models. in this paper, a simple pricing model is suggested in which, price elasticity is considered dynamic. the suggested pricing model is concerned with a monopolist that its object...

the understanding of the dynamic behavior of distillation columns has received considerable attention because distillation is one of the most widely used unit operations in chemical process industries. this paper reports a dynamic simulation study of the possible distillation columns sequences of dew pointing unit in the second phase of south pars gas refinery. in this unit, three columns are u...