Michaelis-Menten equations in marketing mix modeling
Discover how the Michaelis-Menten equation models immediate diminishing returns in marketing. Learn when to use it instead of Hill functions and why it's the standard for direct response channels.
Discover how the Michaelis-Menten equation models immediate diminishing returns in marketing. Learn when to use it instead of Hill functions and why it's the standard for direct response channels.
No spam. Technical articles on forecasting, pricing, and decision systems.
Learn how Mixed Integer Programming (MIP) with discretized response curves solves marketing budget allocation problems using branch-and-bound methods.
A practical tutorial implementing causal marketing mix modeling with DoWhy, including code examples and a complete toy dataset
Walk through real-world MMM optimization scenarios using Mixed Integer Programming. See how to discretize response curves, formulate constraints, and solve practical reallocation problems with actual numbers.