Journal of Industrial and Systems Engineering

Journal of Industrial and Systems Engineering

Designing mechanism to control the target price of a new product using deep learning ,game theory and control theory

Document Type : Research Paper

Authors
1 Ph.D. Candidate, Faculty of Economics. Management and administrative sciences, Semnan University, Semnan, Iran.
2 Prof., Faculty of Economics. Management and administrative sciences, Semnan University, Semnan, Iran.
Abstract
This study presents a novel method for regulating the target price of a new automotive product, combining deep learning, game theory, and control theory to enhance pricing strategies. Unlike existing pricing methods, our framework uniquely combines CNN-based cost feature extraction, GAN-driven design optimization, and RL-based feedback control in a unified hyperstructure. Our approach employs Convolutional Neural Networks (CNNs) to analyze cost features extracted from Product Lifecycle Management (PLM) data, demonstrating a significant reduction in analysis time by 30% compared to traditional methods. A Generative Adversarial Network (GAN) aids in the effective management of design options, optimizing design costs by up to 25%. Reinforcement learning within a learning-based control framework enables convergence to Nash equilibrium. This integration results in optimal pricing strategies that align target costs with market demands, increasing projected profitability by 15% over standard pricing models. This research highlights the innovative application of multidisciplinary techniques in automotive pricing.
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Articles in Press, Accepted Manuscript
Available Online from 20 October 2025

  • Receive Date 20 November 2024
  • Revise Date 30 May 2025
  • Accept Date 20 October 2025