Product Analytics Based On Demographic Democratization

Main Article Content

Harry Katzan, Jr.
William A. Dowling
F. Ruth Smith
Paul D. Torres

Keywords

Categorical analysis, democratization, consensus theory, uncertainty, evidence, Dempster’s rule, analytics, categories, Dempster-Shafer theory

Abstract

Product analytics is a blend of computational methods with the express purpose of facilitating the multifaceted process of decision-making based on demographic and consumer preferences. This complex subject is derived from consensus theory and includes structured analytics, categories, and the combination of evidence. The methodology is applicable to a wide range of business, economic, social, political, and strategic decisions. The paper describes a product allocation application to demonstrate the concepts.

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