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This paper presents a simple method for mining both positive and negative association rules in databases using singular value decomposition (SVD) and similarity measures. In literature, SVD is used for summarizing matrices. We use transaction-item price matrix to generate so called ratio rules in the literature. Transaction-item price matrix is formed by(More)
Positive and negative association mining are well-known and extensively studied data mining techniques to analyze market basket data. Efficient algorithms exist to find both types of association, separately or simultaneously. Association mining is performed by operating on the transaction data. Despite being an integral part of the transaction data, the(More)
Association mining is the conventional data mining technique for analyzing market basket data and it reveals the positive and negative associations between items. While being an integral part of transaction data, pricing and time information have not been integrated into market basket analysis in earlier studies. This paper proposes a new approach to mine(More)
Call centers are complex contact centers to handle large volume of inbound, outbound or both types of calls depending on the business purpose. Call centers assume the role of the primary contact medium for many companies from a wide range of industries with their customers or clients. Despite of being seen traditionally as adding cost to the companies’(More)
Keywords: Approximate dynamic programming Artificial neural networks Cross-price elasticity Markdown optimization Dynamic pricing Aggregation a b s t r a c t Markdown policies for product groups having significant cross-price elasticity among each other should be jointly determined. However, finding optimal policies for product groups becomes(More)
In this paper we consider a production environment consisting of two machines and two products. Machine 1 is a dedicated server, which is capable of producing product 1 only. Machine 2 is a flexible server that can produce both product 1 and product 2. Both product 1 and product 2 are produced to stock. We characterize the form of the optimal policies that(More)