👉 Pricing computing refers to the process of determining the cost associated with delivering a service or product, taking into account various factors such as resource utilization, operational expenses, and market demand. It involves calculating the optimal price that balances revenue generation with customer affordability and value perception, while also considering competitive pricing strategies. This can be achieved through methods like cost-plus pricing, value-based pricing, or dynamic pricing, where prices fluctuate based on real-time demand and supply conditions. Effective pricing computing ensures that businesses can maximize profitability while maintaining customer satisfaction and market competitiveness.
