Which of the Following Techniques Uses a Hierarchical Arrangement of Criteria

question 40

Multiple Choice

Which of the following techniques uses a hierarchical arrangement of criteria to predict a classification or value?

• A) market-basket analysis
• B) RFM technique
• C) Cooke method
• D) decision tree

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Definitions:

Shrinkage

the reduction in inventory due to factors such as theft, damage, or administrative errors, not sales.

Inventory Losses

The reduction in inventory due to factors such as theft, damage, or obsolescence, resulting in financial loss for a business.

Shoplifting

The unauthorized removal of goods from a retail establishment without payment, considered a form of theft.

Destructive Consumer Behaviours

Actions by consumers that intentionally or unintentionally cause harm to the product, environment, or other consumers.