"This is the office of tea boss Yi Tan."
They went in and took a look. There is a whiteboard next to the table with several coordinate axes drawn on it.
Yi Tan said: "The sales price of tea is related to the color, aroma, and taste, which are related to the planting location and planting method. So draw a coordinate system to determine what factors the sales price is related to, and where the maximum value can be obtained."
Zhan Guyue said: "You have also studied mathematics, right?"
Yitan said: "Economically."
Chrysanthemum tea has a fresh aroma, sweet taste, bright orange color, and a sweet aftertaste. Not only does it help reduce stress and relieve anxiety, it also helps clear fire.
West Lake Longjing tea is flat and smooth, with bright green and glossy color, fresh and pure aroma, and refreshing and mellow taste.
In the beginning, the two companies operated independently: The Flower Tea Merchant focused on the production of traditional chrysanthemum tea. Longjing tea merchants are focusing on emerging markets and selling novel and unique Longjing tea.
At first, the old version of scented tea occupied the market share near Shuicheng. If other companies want to expand their influence, they must find a new way to enter the market.
At this time, Longjing tea merchants launched mixed sets. Not only does it retain all the premium items in the original premium set, it also adds new packaging, new flavors, and new styles. The new version of Longjing can also quickly become the current popular style and quickly become an indispensable existence for the residents of Shuicheng.
In recent years, scented tea merchants have used new addition technologies to respond to different climate conditions, and used special drying and storage methods to make the effects of raw materials more obvious. Makes the scented tea more intense. The old version of flower tea has been sublimated.
Scented tea merchants and Longjing tea merchants compete with each other, but they can also develop together.
Later, another white tea merchant, Lan Hui, came.
The shape of white tea is straight and slightly flat, the color is emerald green, the pekoe is exposed, and the leaf buds are like gold-inlaid green sheaths with silver arrows inside. After brewing, the fragrance is high and long-lasting, the taste is fresh and refreshing, and after drinking, the aftertaste is sweet and refreshing.
New varieties such as white tea have also entered the Shuicheng tea market and joined the competition. It has a certain impact on the original scented tea business.
Yitan said: "Competition is fierce. I think tea companies can use mathematical models of economics to guide their operations."
Zhan Guyue said: "I think we need to establish equations based on influencing factors and profits, determine boundary conditions, perform optimization calculations, and get the values of influencing factors corresponding to the maximum profit."
Dong Chu said: "Correction, it should not be a numerical value, but some numerical range."
Yu Cheng said: "It's far more than that."
Mao Mo said: "I heard that there are several basic economic mathematical models: 1. Marginal analysis model. 2. Elasticity analysis model. 3. Maximum profit model. 4. Optimal batch model. 5. Linear regression equation. 6. Linear programming mathematical model. 7. Input-output mathematical model. 8. Risk-based decision-making mathematical model. 9. Process quality control mathematical model.”
Angui said: “For example, companies can use static models to estimate market demand, dynamic models to analyze the relationship between money supply and price levels, game theory models to evaluate the behavior between different competitors, and statistical distributions to predict the future. Market conditions to determine the optimal production volume and logistics transportation methods; in addition, optimization models can also be used to find the best cost strategy.”
Tang Ling said: "There are many aspects. Use the supply and demand equilibrium model to analyze the market demand of tea companies and determine the maximum profit point; use the economic efficiency model to improve the production and operation structure of tea companies to achieve excellent economic benefits; apply the production function model, Analyze the market impact of changes in the tea company's production technology and optimize the company's production structure; use the investment decision-making model to analyze the investment efficiency of the tea company's investment activities; use the price action analysis model to analyze the tea company's product pricing strategy; use the financial optimization model to optimize tea The company's financing structure; use the decision tree model to analyze the economic utility brought by the tea company under different decision-making paths; use the company analysis model to identify the core competitiveness of the tea company and help the company better predict market trends; applied economics Use the letter model to identify the monopoly and competition status of the tea industry and discover the development potential of the industry; apply economic mathematical models to establish an operating cost model for tea companies and manage the company's operating costs."
Angui said: "How to use the supply and demand equilibrium model to analyze the market demand of tea companies?"
Yu Cheng said: "Tea companies can use the supply and demand equilibrium model to analyze market demand. This model can estimate the expected output of the supply side, the expected purchase volume of the demand side, as well as the costs, prices, taxes and other factors existing in the market. The balance between supply and demand. In this way, tea companies can accurately understand the real demand for their products in the current market, and based on this, decide on production factors, logistics and transportation methods, and future market conditions."
Tang Ling said: "The supply and demand equilibrium model can be used to analyze the market demand of tea companies, that is, the company's optimal output (highest efficiency) can achieve a balance between supply and demand. First, analyze the supply of tea companies and collect information about production technology, production costs and industry competition. Next, collect information about consumer demand for tea company products, such as factors affecting consumer purchase decisions, living standards, purchasing power, etc. Finally, use the supply and demand equilibrium model to determine Demand information is used to simulate the tea company's market status to analyze its optimal output and determine what marketing strategies can be used to achieve the best sales for the tea company."
Angui said: "How to use company analysis models to help companies better predict market trends?"
Tang Ling said: "Company analysis models can help companies better predict market trends. For example, companies can use statistical distributions to predict future market conditions and use game theory models to evaluate the behavior among different competitors; in addition, Dynamic models can be used to analyze the relationship between money supply and price levels, and optimization models can be used to find the best cost strategy. Through the application of these mathematical models, companies can accurately predict future market trends, optimize production and logistics transportation methods, position competitors and grasp current market needs.”
Zhan Guyue secretly marveled, he didn't expect them to know so much about economics. This visit was really rewarding. I originally wanted to learn mathematics and computers, but I didn't expect that I would make many friends, hear all kinds of speculations about mathematics, and learn a lot about economics.