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Author:Balakrishnan, P.
Title:Comparative performance of the FSCL neural net and K-means algorithm for market segmentation
Journal:European Journal of Operational Research
1996 : SEP 6, VOL. 93:2, p. 346-357
Index terms:MARKETING
NEURAL NETWORKS
SEGMENTATION
Language:eng
Abstract:Given the success of neural networks in a variety of applications in engineering , such as speech and image quantization, it is natural to consider its application to similar problems in other domains. A related problem that arises in business is market segmentation for which clustering techniques are used. In this paper, the authors explore the ability of a specific neural network, namely the Frequency-Sensitive Competitive Learning Algorithm (FSCL), to cluster data for developing strategic marketing decisions.
SCIMA record nr: 153390
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