Customer experienceCustomer experience, sometimes abbreviated to CX, is the totality of cognitive, affective, sensory, and behavioral consumer responses during all stages of the consumption process including pre-purchase, consumption, and post-purchase stages. Nihat Tavşan and Can Erdem bring an extensive elucidation to the customer experience, encompassing the dimensions of consciousness, subjectivity, and interactional nature and define customer experience as the sum of subjective ideas regarding a product or service that occur at a conscious or subconscious level due to direct or indirect interaction of a customer with brand-related stimuli.
Ideal class groupIn number theory, the ideal class group (or class group) of an algebraic number field K is the quotient group JK/PK where JK is the group of fractional ideals of the ring of integers of K, and PK is its subgroup of principal ideals. The class group is a measure of the extent to which unique factorization fails in the ring of integers of K. The order of the group, which is finite, is called the class number of K. The theory extends to Dedekind domains and their field of fractions, for which the multiplicative properties are intimately tied to the structure of the class group.
Customer analyticsCustomer analytics is a process by which data from customer behavior is used to help make key business decisions via market segmentation and predictive analytics. This information is used by businesses for direct marketing, site selection, and customer relationship management. Marketing provides services in order to satisfy customers. With that in mind, the productive system is considered from its beginning at the production level, to the end of the cycle at the consumer.
Economic lot scheduling problemThe economic lot scheduling problem (ELSP) is a problem in operations management and inventory theory that has been studied by many researchers for more than 50 years. The term was first used in 1958 by professor Jack D. Rogers of Berkeley, who extended the economic order quantity model to the case where there are several products to be produced on the same machine, so that one must decide both the lot size for each product and when each lot should be produced. The method illustrated by Jack D.
Principal ideal ringIn mathematics, a principal right (left) ideal ring is a ring R in which every right (left) ideal is of the form xR (Rx) for some element x of R. (The right and left ideals of this form, generated by one element, are called principal ideals.) When this is satisfied for both left and right ideals, such as the case when R is a commutative ring, R can be called a principal ideal ring, or simply principal ring. If only the finitely generated right ideals of R are principal, then R is called a right Bézout ring.
MicroeconomicsMicroeconomics is a branch of mainstream economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics focuses on the study of individual markets, sectors, or industries as opposed to the national economy as whole, which is studied in macroeconomics. One goal of microeconomics is to analyze the market mechanisms that establish relative prices among goods and services and allocate limited resources among alternative uses.
Outline of productionThe following outline is provided as an overview of and topical guide to production: Production – act of creating 'use' value or 'utility' that can satisfy a want or need. The act may or may not include factors of production other than labor. Any effort directed toward the realization of a desired product or service is a "productive" effort and the performance of such act is production. The following outline is provided as an overview of and topical guide to production: Industry – production of an economic good or service within an economy.
Direct marketingDirect marketing is a form of communicating an offer, where organizations communicate directly to a pre-selected customer and supply a method for a direct response. Among practitioners, it is also known as direct response marketing. By contrast, advertising is of a mass-message nature. Response channels include toll-free telephone numbers, reply cards, reply forms to be sent in an envelope, websites and email addresses.
Product of ringsIn mathematics, a product of rings or direct product of rings is a ring that is formed by the Cartesian product of the underlying sets of several rings (possibly an infinity), equipped with componentwise operations. It is a direct product in the . Since direct products are defined up to an isomorphism, one says colloquially that a ring is the product of some rings if it is isomorphic to the direct product of these rings.
Stock market bubbleA stock market bubble is a type of economic bubble taking place in stock markets when market participants drive stock prices above their value in relation to some system of stock valuation. Behavioral finance theory attributes stock market bubbles to cognitive biases that lead to groupthink and herd behavior. Bubbles occur not only in real-world markets, with their inherent uncertainty and noise, but also in highly predictable experimental markets.
