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Case-based reasoning systems in purchasing: applications and development.
In today's intensely competitive and turbulent global market, improving the quality of critical purchasing management decisions will result in significant increases in corporate profitability.[1] However, improving decision quality in this dynamic, time-dependent purchasing environment is a challenge. Many purchasing management decisions fall into one or both of the following categories:
* Complex - Decisions involve a myriad of alternatives or variables to consider (e.g., purchase of expensive, highly technical products or supplier selection).
* Unstructured - Decisions involve variables that cannot be quantified and require management judgment for their ...
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