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Author (up) Valle, M.A.; Ruz, G.A.; Morras, R. pdf  doi
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  Title Market basket analysis: Complementing association rules with minimum spanning trees Type Journal Article
  Year 2018 Publication Expert Systems With Applications Abbreviated Journal Expert Syst. Appl.  
  Volume 97 Issue Pages 146-162  
  Keywords Market basket analysis; Minimum spanning tree; Network of products; Association rules  
  Abstract This study proposes a methodology for market basket analysis based on minimum spanning trees, which complements the search for significant association rules among the vast set of rules that usually characterize such an analysis. Thanks to the hierarchical tree structure of the subdominant ultrametric distances of the MST, the association network allows us to find strong interdependencies between products in the same category, and to find products that serve as accesses or bridges to a set of other products with a high correlation among themselves. One relevant aspect of this graph-based methodology is the ease with which pairs and groups of products susceptible to carrying out marketing actions can be identified. The application of our methodology to a real transactional database succeeded in: 1. revealing product interdependencies with the greatest strengths, 2. revealing products of high importance with access to another product set, 3. determining high quality association rules, and 4. detect clusters and taxonomic relations among supermarket subcategories. This is highly beneficial for a retail manager or for a retail analyst who must propose different promotion and offer activities in order to maximize the sales volume and increase the effectiveness of promotion campaigns. (C) 2017 Elsevier Ltd. All rights reserved.  
  Address [Valle, Mauricio A.] Univ Finis Terrae, Fac Econ & Negocios, Santiago, Chile, Email: mvalle@uft.cl;  
  Corporate Author Thesis  
  Publisher Pergamon-Elsevier Science Ltd Place of Publication Editor  
  Language English Summary Language Original Title  
  Series Editor Series Title Abbreviated Series Title  
  Series Volume Series Issue Edition  
  ISSN 0957-4174 ISBN Medium  
  Area Expedition Conference  
  Notes WOS:000425074100012 Approved no  
  Call Number UAI @ eduardo.moreno @ Serial 833  
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