Title :
Modeling experts´ consensual judgments for new product entry timing
Author :
Mak, Brenda ; Bui, Tung
Author_Institution :
Dept. of Comput. & Inf. Sci., Cleveland State Univ., OH, USA
fDate :
9/1/1996 12:00:00 AM
Abstract :
This paper presents a modeling technique that extracts judgments and decisions from experts to derive a consensual model for decision support. The proposed approach is applied to build a decision support system for the new product entry timing decision. Experience learned from the proposed methodology suggests that it is possible to: 1) capture consensual knowledge from a group of experts, 2) model simultaneous relationships among interacting factors, and 3) offer a robust decision support tool
Keywords :
decision support systems; knowledge acquisition; knowledge based systems; marketing; marketing data processing; optimisation; consensual knowledge; decision support system; expert consensual judgment model; knowledge acquisition; knowledge based system; marketing; new product entry timing; optimisation; Costs; Data mining; Decision support systems; Humans; Marketing management; Optimization methods; Protocols; Resource management; Robustness; Timing;
Journal_Title :
Systems, Man and Cybernetics, Part A: Systems and Humans, IEEE Transactions on
DOI :
10.1109/3468.531913