AGRICULTURAL PRODUCT DEVELOPMENT USING MULTIDIMENSIONAL AND MULTICRITERIA ANALYSES - THE CASE OF WINE

Citation
G. Baourakis et al., AGRICULTURAL PRODUCT DEVELOPMENT USING MULTIDIMENSIONAL AND MULTICRITERIA ANALYSES - THE CASE OF WINE, European journal of operational research, 94(2), 1996, pp. 321-334
Citations number
29
Categorie Soggetti
Management,"Operatione Research & Management Science","Operatione Research & Management Science
ISSN journal
03772217
Volume
94
Issue
2
Year of publication
1996
Pages
321 - 334
Database
ISI
SICI code
0377-2217(1996)94:2<321:APDUMA>2.0.ZU;2-5
Abstract
Multicriteria analysis and multidimensional statistical methods can co llaborate and offer new prospects in the fields of decision support an d management in general. This paper presents a survey-based methodolog y which combines a multicriteria model for the consumer's preference a nalysis as well as classical data analysis models to design agricultur al products. The new products are developed in such a way that they ev entually achieve the maximum possible market share. A real study for t he Athenian wine market is presented for illustration. The paper concl udes with some further recommendations.