Management Decision Systems-Assessor - 1983 Finalist
Glen L. Urban, MIT
Gerald M. Katz, Management Decision Systems
Thomas E. Hatch, Miles Laboratories
Alvin J. Silk, MIT
The Assessor model was developed to test and evaluate new consumer products before the expenditure of a test market. The predictive value of the model has a 6:1 benefit to cost ratio and has saved clients $126 million on 450 tested products.