Dynamic Pricing with AI for Enhanced Food Delivery Optimization

Author(s)	Saif Nasir Banekar, Rohan Sujit Pawar
Country	India
Abstract	Dynamic pricing is a strategy where product or service prices adjust in real-time based on supply, demand, competition, and market conditions. Advances in AI, ML, and data analytics have transformed this approach, allowing businesses to optimize prices automatically, maximize revenue, and improve customer experiences. This review examines the evolution, applications, challenges, and future of AI-driven dynamic pricing across industries.
Keywords	AI Algorithms, Artificial Intelligence, Data Science, Dynamic Pricing, E-commerce, Machine Learning, Predictive Analytics, Pricing Optimization, Reinforcement Learning, Yield Management
Field	Computer > Artificial Intelligence / Simulation / Virtual Reality
Published In	Volume 16, Issue 1, January-March 2025
Published On	2025-03-13
DOI	https://doi.org/10.71097/IJSAT.v16.i1.2431

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International Journal on Science and Technology