Multiple Choice
Critics of the RFM approach claim that this methodology is:
A) Less likely to be used successfully in predictive and prescriptive analytics.
B) Fails to indicate anything about the propensity of a prospect to respond to marketing stimuli.
C) It simply shows who purchased from the company in the past.
D) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q8: The objective function of the goal programming
Q9: The decision maker may change the binary
Q10: Why may the decision maker encapsulate an
Q11: A goal programming model for RFM analysis
Q12: RFM-based mathematical programming models can help the
Q14: Which of the following is an objective
Q15: RFM models with dual dimensions use the
Q16: All different RFM variations of linear programming
Q17: Customers who belong to the same iso-profit
Q18: The decision maker may enforce the continuous