PEGAPCDC87V1 Exam Dumps : Certified Pega Decisioning Consultant (PCDC) 87V1

Next-Best-Action Framework - This framework in Pega CDH is designed to decide the best action for each customer interaction by evaluating eligibility, suitability, and propensity.

Complex Eligibility Criteria - To define complex eligibility criteria, modifications are needed within the Next-Best-Action decision strategy to handle multiple conditions and business rules.

Steps:

Access the Next-Best-Action Designer.

Navigate to the decision strategy.

Add or modify components to incorporate complex eligibility conditions.

Test and validate the changes using persona tests and simulations.

Set-Property Component: This component performs the calculation of profit for each of the four brands (Nike, Adidas, Puma, Reebok). Since the Set-Property component is configured to calculate profit for each brand individually, it processes four inputs, resulting in four outputs.

 Requirement:

U+ wants to show a retention offer to customers likely to leave the bank based on historical interaction data.

 Model Types:

Entity Model: Used for recognizing entities within data.

Text Analytics Model: Used for analyzing text data.

Predictive Model: Used for making predictions based on historical data.

Adaptive Model: Used for real-time adaptation based on new data.

 Suitable Model:

For predicting customer churn (likelihood of leaving), a predictive model is best suited because it leverages historical data to make future predictions.

 Verification from Pega Documentation:

Pega documentation on leveraging predictive models for customer retention and churn analysis.