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Information Journal Paper

Title

MARKET CLUSTERING WITH THE ANT COLONY OPTIMIZATION ALGORITHM: A COMPARATIVE APPROACH WITH K-MEANS)

Pages

  17-36

Keywords

ANT COLONY OPTIMIZATION (ACO)Q1

Abstract

 Nowadays, the ability of organizations has increased to identify target markets with data mining techniques. CLUSTERING is a method in which a cluster of objects is made somehow similar to characteristics. In a MARKET SEGMENTATION process, customers are segmented such that the customers of the same type are placed in the same group, and various groups have minimal affinity. Then, a marketing strategy should be matched to the specifications of these groups. With larger databases, researchers attempt to focus on finding effective CLUSTERING methods in order to make effective decisions. In this paper, we cluster the trail markets in Iran with the ant colony optimization algorithm, and, to further investigate the accuracy of this model, we compared the results with a classic CLUSTERING K-Mean. The paper presents an ant colony optimization methodology for optimal CLUSTERING of N objects into K clusters. The results show the higher accuracy of the ant colony optimization.

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    APA: Copy

    ZARE AHMADABADI, HABIB, RAFIEI OMAM, MAHBOOBEH, & NASER SADRABADI, ALIREZA. (2017). MARKET CLUSTERING WITH THE ANT COLONY OPTIMIZATION ALGORITHM: A COMPARATIVE APPROACH WITH K-MEANS). JOURNAL OF BUSINESS ADMINISTRATION RESEARCH, 8(16 ), 17-36. SID. https://sid.ir/paper/197138/en

    Vancouver: Copy

    ZARE AHMADABADI HABIB, RAFIEI OMAM MAHBOOBEH, NASER SADRABADI ALIREZA. MARKET CLUSTERING WITH THE ANT COLONY OPTIMIZATION ALGORITHM: A COMPARATIVE APPROACH WITH K-MEANS). JOURNAL OF BUSINESS ADMINISTRATION RESEARCH[Internet]. 2017;8(16 ):17-36. Available from: https://sid.ir/paper/197138/en

    IEEE: Copy

    HABIB ZARE AHMADABADI, MAHBOOBEH RAFIEI OMAM, and ALIREZA NASER SADRABADI, “MARKET CLUSTERING WITH THE ANT COLONY OPTIMIZATION ALGORITHM: A COMPARATIVE APPROACH WITH K-MEANS),” JOURNAL OF BUSINESS ADMINISTRATION RESEARCH, vol. 8, no. 16 , pp. 17–36, 2017, [Online]. Available: https://sid.ir/paper/197138/en

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