Agricultural product development using multidimensional and multicriteria analyses: The case of wine

Agricultural product development using multidimensional and multicriteria analyses: The case of wine

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Article ID: iaor1999683
Country: Netherlands
Volume: 94
Issue: 2
Start Page Number: 321
End Page Number: 334
Publication Date: Oct 1996
Journal: European Journal of Operational Research
Authors: , ,
Keywords: statistics: multivariate
Abstract:

Multicriteria analysis and multidimensional statistical methods can collaborate and offer new prospects in the fields of decision support and management in general. This paper presents a survey-based methodology which combines a multicriteria model for the consumer's preference analysis as well as classical data analysis models to design agricultural products. The new products are developed in such a way that they eventually achieve the maximum possible market share. A real study for the Athenian wine market is presented for illustration. The paper concludes with some further recommendations.

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