Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10321974 | Expert Systems with Applications | 2013 | 10 Pages |
Abstract
⺠Formulate churn management problem as an optimization problem while minimizing cost. ⺠Identify controllable marketing variables and assign management costs for optimization. ⺠Solve a global churn management problem using partial least square optimization method. ⺠Select customers based on churn probability or management costs as a local optimization. ⺠Combine optimization models designed for entire customers and subsets of customers.
Related Topics
Physical Sciences and Engineering
Computer Science
Artificial Intelligence
Authors
Yong Seog Kim, Hyeseon Lee, John D. Johnson,