Related papers: Clustering Retail Products Based on Customer Behav…
Bundling, the practice of jointly selling two or more products at a discount, is a widely used strategy in industry and a well examined concept in academia. Historically, the focus has been on theoretical studies in the context of…
We present an approach to model-based hierarchical clustering by formulating an objective function based on a Bayesian analysis. This model organizes the data into a cluster hierarchy while specifying a complex feature-set partitioning that…
A model based clustering procedure for data of mixed type, clustMD, is developed using a latent variable model. It is proposed that a latent variable, following a mixture of Gaussian distributions, generates the observed data of mixed type.…
There has been a surge in the number of Machine Learning methods to analyze products kept on retail shelves images. Deep learning based computer vision methods can be used to detect products on retail shelves and then classify them.…
Data clustering is an approach to seek for structure in sets of complex data, i.e., sets of "objects". The main objective is to identify groups of objects which are similar to each other, e.g., for classification. Here, an introduction to…
We consider clustering in group decision making where the opinions are given by pairwise comparison matrices. In particular, the k-medoids model is suggested to classify the matrices since it has a linear programming problem formulation…
Clustering is one of the most common unsupervised learning tasks in machine learning and data mining. Clustering algorithms have been used in a plethora of applications across several scientific fields. However, there has been limited…
Motivated by theoretical advancements in dimensionality reduction techniques we use a recent model, called Block Markov Chains, to conduct a practical study of clustering in real-world sequential data. Clustering algorithms for Block Markov…
We present an algorithm of clustering of many-dimensional objects, where only the distances between objects are used. Centers of classes are found with the aid of neuron-like procedure with lateral inhibition. The result of clustering does…
A model-based approach is developed for clustering categorical data with no natural ordering. The proposed method exploits the Hamming distance to define a family of probability mass functions to model the data. The elements of this family…
Not long ago primary census data became available to publicity. It opened qualitatively new perspectives not only for researchers in demography and sociology, but also for those people, who somehow face processes occurring in society. In…
Many real-life data are described by categorical attributes without a pre-classification. A common data mining method used to extract information from this type of data is clustering. This method group together the samples from the data…
Clustering is the technique to partition data according to their characteristics. Data that are similar in nature belong to the same cluster [1]. There are two types of evaluation methods to evaluate clustering quality. One is an external…
Classification model selection is a process of identifying a suitable model class for a given classification task on a dataset. Traditionally, model selection is based on cross-validation, meta-learning, and user preferences, which are…
Text Clustering is a text mining technique which divides the given set of text documents into significant clusters. It is used for organizing a huge number of text documents into a well-organized form. In the majority of the clustering…
In markets where customers tend to purchase baskets of products rather than single products, assortment optimization is a major challenge for retailers. Removing a product from a retailer's assortment can result in a severe drop in…
In this paper, we introduce a method performing clustering of time-series on the basis of their trend (increasing, stagnating/decreasing, and seasonal behavior). The clustering is performed using $k$-means method on a selection of…
Product bundling is a common selling mechanism used in online retailing. To set profitable bundle prices, the seller needs to learn consumer preferences from the transaction data. When customers purchase bundles or multiple products,…
We propose an easy-to-use methodology to allocate one of the groups which have been previously built from a complete learning data base, to new individuals. The learning data base contains continuous and categorical variables for each…
In recent years, data mining researchers have developed efficient association rule algorithms for retail market basket analysis. Still, retailers often complain about how to adopt association rules to optimize concrete retail marketing-mix…