Dynamic Pricing means the output of an algorithm of an Aggregator, which automatically raises the price of a trip (Surge pricing) when demand outstrips supply within a fixed geographic area.
Dynamic Pricing means the system through which dynamic Rate Figures are made available to Reseller through the SynXis Booking System;
Dynamic Pricing means a software application or other method used to maximize the supply of available vehicles on the network to match the demand for rides, including for the purpose of increasing reliability or incentivizing drivers.
Examples of Dynamic Pricing in a sentence
Optimal Dynamic Pricing Problem Considering Patient and Impatient Customers’ Purchasing Behavior.
Optimal Dynamic Pricing of Inventories with Stochastic Demand and Discounted Criterion.
Residential Connection Charges 126 (B) Residential Declining Block Rates 126 (C) Dynamic Pricing Pilots 127 c.
The retailer can use IBM Dynamic Pricing to set up strategies, thresholds, custom pricing rules, and execute pricing on products.
IBM Dynamic Pricing provides exception and trending visualizations, focusing the retailer on only their defined exceptions and trends.
More Definitions of Dynamic Pricing
Dynamic Pricing means the ability of the TNC to adjust pricing during a temporary event, other than Abnormal Market Disruptions, where market demand has increased and the TNC desires to attract more TNC Drivers to make themselves available to accept passengers. Dynamic Pricing shall be used in accordance with Section 4(b).
Dynamic Pricing means the pricing for the Journey Fee identified by the Bolt Platform for the fulfilment of Journeys on our behalf.
Dynamic Pricing means a method of calculating the toll where the dynamic pricing mileage rate varies within the approved toll rate range in real time.
Dynamic Pricing. For the purposes of this Agreement, Dynamic Pricing is intended to include both the electronic quote and auction capabilities and vehicles that exist as of the Effective Date.
Dynamic Pricing means rates that can change based upon short-term market conditions with little advance notice to customers. Some utilities now implement Critical Peak Pricing programs in which customers are charged a h igher ra te du ring limited high-load, high-cost periods. The se programs a re one examp le of Dynamic Pric ing. AMI technologies enable more sophisticated use of such programs, including real-time pricing.
Dynamic Pricing sometimes means that the price can change from moment to moment in response to the market. https://en.wikipedia.org/wiki/Dynamic_pricing