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Simulation of Marketing Mix – Placement of Business

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Presentation on theme: "Simulation of Marketing Mix – Placement of Business"— Presentation transcript:

1 Simulation of Marketing Mix – Placement of Business
Mendel Chen TJHSST Computer Systems Lab Senior Research Project 1

2 Abstract Purpose: to create a program that finds the optimal location of a business Methods: Marketing mix Distribution channels Heuristic Language: Java/Python 2

3 Background Flaws of previous models Flexible heuristic Factors
Economic variables Marketing mix Ceteris Paribus 3

4 Fairfax County Population Density Map that is converted for information on population density
4

5 Discussion Fluid heuristic Multiple variables
Testing through previous businesses 5

6 Goals Second Quarter Coordinate system Local Business finder
Basic heuristic Third Quarter Fine tuning Varying heuristic Long Run More variables (possibly outside distribution channel) Higher accuracy 6

7 Current Results GUI Raw data processors Current GUI 7


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