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Article
Publication date: 11 July 2022

Sunil Kumar Jauhar, Hossein Zolfagharinia and Saman Hassanzadeh Amin

This research is about embedding service-based supply chain management (SCM) concepts in the education sector. Due to Canada's competitive education sector, the authors…

Abstract

Purpose

This research is about embedding service-based supply chain management (SCM) concepts in the education sector. Due to Canada's competitive education sector, the authors focus on Canadian universities.

Design/methodology/approach

The authors develop a framework for evaluating and forecasting university performance using data envelopment analysis (DEA) and artificial neural networks (ANNs) to assist education policymakers. The application of the proposed framework is illustrated based on information from 16 Canadian universities and by investigating their teaching and research performance.

Findings

The major findings are (1) applying the service SCM concept to develop a performance evaluation and prediction framework, (2) demonstrating the application of DEA-ANN for computing and predicting the efficiency of service SCM in Canadian universities, and (3) generating insights to enable universities to improve their research and teaching performances considering critical inputs and outputs.

Research limitations/implications

This paper presents a new framework for universities' performance assessment and performance prediction. DEA and ANN are integrated to aid decision-makers in evaluating the performances of universities.

Practical implications

The findings suggest that higher education policymakers should monitor attrition rates at graduate and undergraduate levels and provide financial support to facilitate research and concentrate on Ph.D. programs. Additionally, the sensitivity analysis indicates that selecting inputs and outputs is critical in determining university rankings.

Originality/value

This research proposes a new integrated DEA and ANN framework to assess and forecast future teaching and research efficiencies applying the service supply chain concept. The findings offer policymakers insights such as paying close attention to the attrition rates of undergraduate and postgraduate programs. In addition, prioritizing internal research support and concentrating on Ph.D. programs is recommended.

Details

Benchmarking: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 23 May 2022

Meryem Uluskan

This study aims to show the effectiveness and applicability of artificial intelligence applications in the measurement and evaluation of university services. Universities…

Abstract

Purpose

This study aims to show the effectiveness and applicability of artificial intelligence applications in the measurement and evaluation of university services. Universities can gain competitive advantage through providing their students with quality services in various aspects, such as bookstores, dormitories, recreation centers as well as cafeterias. Among these facilities, university cafeterias are places where students spend a significant amount of time. Therefore, this study aims to integrate artificial intelligence application in the evaluation of university cafeteria services based on students' perceptions with two-stage structural equation modeling (SEM) and artificial neural network (ANN) approach.

Design/methodology/approach

An artificial intelligence based SEM-ANN hybrid approach was used to determine the factors that have significant influence on student satisfaction, sufficiency-of-services and likelihood-of-recommendation. Data were collected from 373 students through a face-to-face questionnaire. Initially, four service quality dimensions were attained through factor analysis. Then, hypotheses, which were determined via literature review, were tested through SEM-ANN hybrid approach.

Findings

Incorporating the results of SEM analysis into the ANN technique resulted in superior models with good prediction performance. Based on four ANN models created and ANN sensitivity analyses conducted, significant predictors of satisfaction, sufficiency, reliability and recommendation are determined and ranked.

Originality/value

Prior studies have assessed service quality using traditional techniques, whereas, this study integrates artificial intelligence in the assessment of higher-educational institutions' services quality. Also, as a distinction from previous studies, this study ranked importance levels of predictor variables through ANN sensitivity analysis.

Details

The TQM Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1754-2731

Keywords

Book part
Publication date: 1 January 2004

Nathan Lael Joseph, David S. Brée and Efstathios Kalyvas

Are the learning procedures of genetic algorithms (GAs) able to generate optimal architectures for artificial neural networks (ANNs) in high frequency data? In this…

Abstract

Are the learning procedures of genetic algorithms (GAs) able to generate optimal architectures for artificial neural networks (ANNs) in high frequency data? In this experimental study, GAs are used to identify the best architecture for ANNs. Additional learning is undertaken by the ANNs to forecast daily excess stock returns. No ANN architectures were able to outperform a random walk, despite the finding of non-linearity in the excess returns. This failure is attributed to the absence of suitable ANN structures and further implies that researchers need to be cautious when making inferences from ANN results that use high frequency data.

Details

Applications of Artificial Intelligence in Finance and Economics
Type: Book
ISBN: 978-1-84950-303-7

Book part
Publication date: 26 August 2019

H. Emily Hayden

Purpose – This chapter explores the work of one expert seventh-grade science teacher, Ann, as she used the gradual release of responsibility (GRR) to develop students…

Abstract

Purpose – This chapter explores the work of one expert seventh-grade science teacher, Ann, as she used the gradual release of responsibility (GRR) to develop students’ knowledge and use of science language and conceptual knowledge. Ann’s use of scaffolds such as thoughtful definition, classroom discussion, and writing frameworks is explored, as well as her methods of incorporating language into science inquiry, and the evidence she gathered as proof of learning. Her instructional decision-making and specific instructional actions are analyzed to describe the ways she gradually guided students from heavily scaffolded learning opportunities, through guided practice with extensive modeling, and ultimately to independent and accurate use of science language and conceptual knowledge in spoken and written discourse.

Design/methodology/approach – In a researcher/teacher partnership modeled on the practice embedded educational research (PEER) framework (Snow, 2015) the author worked with Ann over four school years, collecting data that included interviews, Ann’s teaching journal, student artifacts, and vocabulary pre/post-assessments. The initial task of the partnership was review of science standards and curricular documents and analysis of disciplinary language in seventh-grade science in order to construct a classroom science vocabulary assessment that incorporated a scaffolded format to build incremental knowledge of science words. Results of 126 students’ pre/post scores on the vocabulary assessment were analyzed using quantitative methods, and interviews and the teaching journal were analyzed using qualitative techniques. Student artifacts support and triangulate the quantitative and qualitative analyses.

Findings – Analysis of students’ pre/post-scores on the vocabulary assessment supported the incremental nature of vocabulary learning and the value of a scaffolded assessment. Improvement in ability to choose a one-word definition and choose a sentence-length definition had significant and positive effect on students’ ability to write a sentence using a focus science word correctly to demonstrate science conceptual knowledge. Female students performed just as well as male students: a finding that differs from other vocabulary intervention research. Additionally, Ann’s use of scaffolded, collaborative methods during classroom discussion and writing led to improved student knowledge of science language and the concepts it labels, as evident in students’ responses during discussion and their writing in science inquiry reports and science journals.

Research limitations – These data were collected from students in one science teacher’s classroom, limiting generalization. However, the expertise of this teacher renders her judgments useful to other teachers and teacher trainers, despite the limited context of this research.

Practical implications – Science knowledge is enhanced when language and science inquiry coexist, but the language of science often presents a barrier to learning science, and there are significant student achievement gaps in science learning across race, ethnicity, and gender. Researchers have described ways to make explicit connections between science language, concepts, and knowledge, transcending the gaps and leveling the playing field for all students. Analysis of Ann’s teaching practice, drawn from four years of teacher and student data, provides specific and practical ways of doing this in a real science classroom. Scaffolding, modeling, and co-construction of learning are key.

Originality/value of paper – This chapter details the methods one expert teacher used to make her own learning the object of inquiry, simultaneously developing the insights and the strategies she needed to mentor students. It describes how Ann infused the GRR into planning and instruction to create learning experiences that insured student success, even if only at incremental levels. Ann’s methods can thus become a model for other teachers who wish to enhance their students’ learning of science language and concepts through infusion of literacy activity.

Details

The Gradual Release of Responsibility in Literacy Research and Practice
Type: Book
ISBN: 978-1-78769-447-7

Keywords

Article
Publication date: 20 August 2021

Mohamed El-Sayed Mousa and Mahmoud Abdelrahman Kamel

This study aims to develop and test a framework for integration between data envelopment analysis (DEA) and artificial neural networks (ANN) to predict the best financial…

Abstract

Purpose

This study aims to develop and test a framework for integration between data envelopment analysis (DEA) and artificial neural networks (ANN) to predict the best financial performance concerning return on assets and return on equity for banks listed on the Egyptian Exchange, to help managers generate what-if scenarios? For performance improvement and benchmarking.

Design/methodology/approach

The study empirically tested the three-stage DEA-ANN framework. First, DEA was used as a preprocessor of the banks’ efficiency scores. Second, a back-propagation neural network as a multi-layer perceptron-ANN’s model was designed using expected data sets from DEA to learn optimal performance patterns. Third, the superior performance of banks was forecasted.

Findings

The results indicated that banks are not operating under their most productive operations, and there is room for potential improvements to reach outperformance. Moreover, the neural networks’ empirical test results showed high correlations between the actual and expected values, with low prediction errors in both the test and prediction phases.

Practical implications

Based on best performance prediction, banks can generate alternative scenarios for future performance improvement and enabling managers to develop effective strategies for performance control under uncertainty and limited data. Besides, supporting the decision-making process and proactive management of performance.

Originality/value

Despite the growing research stream supporting DEA-ANN integration applications, these are still limited and scarce, especially in the Middle East and North Africa region. Therefore, the study trying to fill this gap to help bank managers predict the best financial performance.

Details

Journal of Modelling in Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 4 February 2021

Vinicius Luiz Pacheco, Lucimara Bragagnolo and Antonio Thomé

The purpose of this article is to analyze the state-of-the art in a systematic way, identifying the main research groups and their related topics. The types of studies…

286

Abstract

Purpose

The purpose of this article is to analyze the state-of-the art in a systematic way, identifying the main research groups and their related topics. The types of studies found are fundamental for understanding the application of artificial neural networks (ANNs) in cemented soils and the potential for using the technique, as well as the feasibility of extrapolation to new geotechnical or civil and environmental engineering segments.

Design/methodology/approach

This work is characterized as being bibliometric and systematic research of an exploratory perspective of state-of-the-art. It also persuades the qualitative and quantitative data analysis of cemented soil improvement, biocemented or microbially induced calcite precipitation (MICP) soil improvement by prediction/modeling by ANN. This study sought to compile and study the state of the art of the topic which possibilities to have a critical view about the theme. To do so, two main databases were analyzed: Scopus and Web of Science. Systematic review techniques, as well as bibliometric indicators, were implemented.

Findings

This paper connected the network between the achievements of the researches and illustrated the main application of ANNs in soil improvement prediction, specifically on cemented-based soils and biocemented soils (e.g. MICP technique). Also, as a bibliometric and systematic review, this work could achieve the key points in the absence of researches involving soil-ANN, and it provided the understanding of the lack of exploratory studies to be approached in the near future.

Research limitations/implications

Because of the research topic the article suggested other applications of ANNs in geotechnical engineering, such as other tests not related to geomechanical resistance such as unconfined compression test test and triaxial test.

Practical implications

This article systematically and critically presents some interesting points in the direction of future research, such as the non-approach to the use of ANNs in biocementation processes, such as MICP.

Social implications

Regarding the social environment, the paper brings approaches on methods that somehow mitigate the computational use, or elements necessary for geotechnical improvement of the soil, thereby optimizing the same consequently.

Originality/value

Neural networks have been studied for a long time in engineering, but the current computational power has increased the implementation for several engineering applications. Besides that, soil cementation is a widespread technique and its prediction modes often require high computational strength, such parameters can be mitigated with the use of ANNs, because artificial intelligence seeks learning from the implementation of the data set, reducing computational cost and increasing accuracy.

Details

Engineering Computations, vol. 38 no. 7
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 22 July 2021

Sneha Patil, Mahesh Goudar and Ravindra Kharadkar

For decades, continuous research work is going on to maximize the power harvested from the sun; however, there is only a limited analysis on exploiting the microwatt…

Abstract

Purpose

For decades, continuous research work is going on to maximize the power harvested from the sun; however, there is only a limited analysis on exploiting the microwatt output power from indoor lightings. Microelectronic system has power demand in the µW range, and therefore, indoor photovoltaics would be appropriate for micro-energy harvesting appliances. “Energy harvesting is defined as the transfer process by which energy source is acquired from the ambient energy, stored in energy storage element and powered to the target systems”. The theory of energy harvesting is: gathering energy from surroundings and offering technological solutions such as solar energy harvesting, wind energy collection and vibration energy harvesting. “The solar cell or photovoltaic cell (PV), is a device that converts light into electric current using the photoelectric effect”. Factors such as light source, temperature, circuit connection, light intensity, angle and height can manipulate the functions of PV cells. Among these, the most noticeable factor is the light intensity that has a major impact on the operations of solar panels.

Design/methodology/approach

This paper aims to design an enhanced prediction model on illuminance or irradiance by an optimized artificial neural network (ANN). The input attributes or the features considered here are temperatures, maxim, TSL, VI, short circuit current, open-circuit voltage, maximum power point (MPP) voltage, MPP current and MPP power, respectively. To enhance the performance of the prediction model, the weights of ANN are optimally tuned by a new self-improved brain storm optimization (SI-BSO) model.

Findings

The superiority of the implemented work is compared and proved over the conventional models in terms of error analysis and prediction analysis. Accordingly, the presented approach was analysed and its superiority was proved over other conventional schemes such as ANN, ANN-Levenberg–Marquardt (LM), adaptive-network-based fuzzy inference system (ANFIS) and brainstorm optimization (BSO). In addition, analysis was held with respect to error measures such as mean absolute relative error (MARE), mean square root error (MSRE), mean absolute error and mean absolute percentage error. Moreover, prediction analysis was also performed that revealed the betterment of the presented model. More particularly, the proposed ANN + SI-BSO model has attained minimal error for all measures when compared to the existing schemes. More particularly, on considering the MARE, the adopted model for data set 1 was 23.61%, 48.12%, 79.39% and 90.86% better than ANN, ANN-LM, ANFIS and BSO models, respectively. Similarly, on considering data set 2, the MSRE of the implemented model was 99.87%, 70.69%, 99.57% and 94.74% better than ANN, ANN-LM, ANFIS and BSO models, respectively. Thus, the enhancement of the presented ANN + SI-BSO scheme has been validated effectively.

Originality/value

This work has established an improved illuminance/irradiance prediction model using the optimization concept. Here, the attributes, namely, temperature, maxim, TSL, VI, Isc, Voc, Vmpp, Impp and Pmpp were given as input to ANN, in which the weights were chosen optimally. For the optimal selection of weights, a novel ANN + SI-BSO model was established, which was an improved version of the BSO model.

Details

Journal of Engineering, Design and Technology , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1726-0531

Keywords

Article
Publication date: 21 June 2021

Shashi K. Shahi, Mohamed Dia, Peizhi Yan and Salimur Choudhury

The measurement capabilities of the data envelopment analysis (DEA) models are used to train the artificial neural network (ANN) models for the best performance modeling…

Abstract

Purpose

The measurement capabilities of the data envelopment analysis (DEA) models are used to train the artificial neural network (ANN) models for the best performance modeling of the sawmills in Ontario. The bootstrap DEA models measure robust technical efficiency scores and have benchmarking abilities, whereas the ANN models use abstract learning from a limited set of information and provide the predictive power.

Design/methodology/approach

The complementary modeling approaches of the DEA and the ANN provide an adaptive decision support tool for each sawmill.

Findings

The trained ANN models demonstrate promising results in predicting the relative efficiency scores and the optimal combination of the inputs and the outputs for three categories (large, medium and small) of sawmills in Ontario. The average absolute error in predicting the relative efficiency scores varies from 0.01 to 0.04, and the predicted optimal combination of the inputs (roundwood and employees) and the output (lumber) demonstrate that a large percentage of the sawmills shows less than 10% error in the prediction results.

Originality/value

The purpose of this study is to develop an integrated DEA-ANN model that can help in the continuous improvement and performance evaluations of the forest industry working under uncertain business environment.

Article
Publication date: 22 May 2007

Shee Q. Wong, Nik R. Hassan and Ehsan Feroz

In recent years, equity premiums have been unusually large and efforts to forecast them have been largely unsuccessful. This paper presents evidence suggesting that…

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Abstract

Purpose

In recent years, equity premiums have been unusually large and efforts to forecast them have been largely unsuccessful. This paper presents evidence suggesting that artificial neural networks (ANNs) outperform traditional statistical methods and can forecast equity premiums reasonably well.

Design/methodology/approach

This study replicates out‐of‐sample estimates of regression using ANN with economic fundamentals as inputs. The theory states that recent large equity premium values cannot be explained (the equity premium puzzle).

Findings

The dividend yield variable was found to produce the best out‐of‐sample forecasts for equity premium.

Research limitations/implications

Although the equity premium puzzle can be partly explained by fundamentals, they do not imply immediate policy prescriptions since all forecasting techniques including ANN are susceptible to joint assumptions of the techniques and the models used.

Practical implications

This result is useful in capital asset pricing model and in asset allocation decisions.

Originality/value

Unlike the findings from previous research that are unable to explain equity premium behavior, this paper suggests that equity premium can be reasonably forecasted.

Details

Review of Accounting and Finance, vol. 6 no. 2
Type: Research Article
ISSN: 1475-7702

Keywords

Article
Publication date: 10 April 2019

Eleonora Bottani, Piera Centobelli, Mosé Gallo, Mohamad Amin Kaviani, Vipul Jain and Teresa Murino

The purpose of this paper is to propose an artificial intelligence-based framework to support decision making in wholesale distribution, with the aim to limit wholesaler…

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Abstract

Purpose

The purpose of this paper is to propose an artificial intelligence-based framework to support decision making in wholesale distribution, with the aim to limit wholesaler out-of-stocks (OOSs) by jointly formulating price policies and forecasting retailer’s demand.

Design/methodology/approach

The framework is based on the cascade implementation of two artificial neural networks (ANNs) connected in series. The first ANN is used to derive the selling price of the products offered by the wholesaler. This represents one of the inputs of the second ANN that is used to anticipate the retailer’s demand. Both the ANNs make use of several other input parameters and are trained and tested on a real wholesale supply chain.

Findings

The application of the ANN framework to a real wholesale supply chain shows that the proposed methodology has the potential to decrease economic loss due to OOS occurrence by more than 56 percent.

Originality/value

The combined use of ANNs is a novelty in supply chain operation management. Moreover, this approach provides wholesalers with an effective tool to issue purchase orders according to more dependable demand forecasts.

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