The present invention provides a configurable pricing system that allows
users to define or modify data used to analyze, evaluate, improve, and
design pricing changes according to the user's need. A Graphical user
interface or some other type of user interface allows the user to access
and review various data to be used during pricing optimization. The user
may then modify this data as needed to improve the pricing evaluation,
such as defining sales or pricing trends, or relationships between the
product of interest and other competing items. The user interface may
further display changes in pricing and the effects of the pricing
changes, as caused by the user's changes. The interface may also allow
the user to modify the mathematical model to be used during price
optimization, as well as define variables, constraints, and boundaries to
be considered during the price optimization.