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PISWAS: Improving What-If Analysis Model to Suggest the Best Offers Scenarios in Telecom Companies


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DOI: https://doi.org/10.15866/irecos.v11i12.11032

Abstract


Affordable offers are one of the best ways to increase the revenue in telecom companies. Decision makers can predict potential revenue before launching an offer, depending on what-if analysis system. However, previous what-if analysis models in the literature have been directed just to predict an impact of a specific scenario. Therefore, our main goal in this approach is to enhance what-if analysis to suggest the best scenarios, in addition to predict their impacts. This approach depends on enhanced k-means algorithm to categorize customers into segments of the same behavior or usage. The authors applied also Multiple Linear Regression algorithms to predict revenues of offers’ scenarios suggested by our system. To validate our model, we built a new interactive guided application, so named PISWAS system. This system was tested with real customers’ data from a local important telecom company in our country. Then we compared the obtained results of two selected launched offers in this company. As a result, PISWAS system was very helpful for decision makers to assess and select the perfect offers’ scenarios relating to their company business need.
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Keywords


What-If Analysis; K-means; Multiple Linear Regression; Telecom; Decision Making; Offers

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References


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