Search results

1 – 10 of over 2000
Book part
Publication date: 14 November 2022

Krishna Teja Perannagari and Shaphali Gupta

Artificial neural networks (ANNs), which represent computational models simulating the biological neural systems, have become a dominant paradigm for solving complex analytical…

Abstract

Artificial neural networks (ANNs), which represent computational models simulating the biological neural systems, have become a dominant paradigm for solving complex analytical problems. ANN applications have been employed in various disciplines such as psychology, computer science, mathematics, engineering, medicine, manufacturing, and business studies. Academic research on ANNs is witnessing considerable publication activity, and there exists a need to track the intellectual structure of the existing research for a better comprehension of the domain. The current study uses a bibliometric approach to ANN business literature extracted from the Web of Science database. The study also performs a chronological review using science mapping and examines the evolution trajectory to determine research areas relevant to future research. The authors suggest that researchers focus on ANN deep learning models as the bibliometric results predict an expeditious growth of the research topic in the upcoming years. The findings reveal that business research on ANNs is flourishing and suggest further work on domains, such as back-propagation neural networks, support vector machines, and predictive modeling. By providing a systematic and dynamic understanding of ANN business research, the current study enhances the readers' understanding of existing reviews and complements the domain knowledge.

Details

Exploring the Latest Trends in Management Literature
Type: Book
ISBN: 978-1-80262-357-4

Keywords

Article
Publication date: 6 March 2017

Ney Rafael Secco and Bento Silva de Mattos

Multidisciplinary design frameworks elaborated for aeronautical applications require considerable computational power that grows enormously with the utilization of higher fidelity…

Abstract

Purpose

Multidisciplinary design frameworks elaborated for aeronautical applications require considerable computational power that grows enormously with the utilization of higher fidelity tools to model aeronautical disciplines like aerodynamics, loads, flight dynamics, performance, structural analysis and others. Surrogate models are a good alternative to address properly and elegantly this issue. With regard to this issue, the purpose of this paper is the design and application of an artificial neural network to predict aerodynamic coefficients of transport airplanes. The neural network must be fed with calculations from computational fluid dynamic codes. The artificial neural network system that was then developed can predict lift and drag coefficients for wing-fuselage configurations with high accuracy. The input parameters for the neural network are the wing planform, airfoil geometry and flight condition. An aerodynamic database consisting of approximately 100,000 cases calculated with a full-potential code with computation of viscous effects was used for the neural network training, which is carried out with the back-propagation algorithm, the scaled gradient algorithm and the Nguyen–Wridow weight initialization. Networks with different numbers of neurons were evaluated to minimize the regression error. The neural network featuring the lowest regression error is able to reduce the computation time of the aerodynamic coefficients 4,000 times when compared with the computing time required by the full potential code. Regarding the drag coefficient, the average error of the neural network is of five drag counts only. The computation of the gradients of the neural network outputs in a scalable manner is possible by an adaptation of back-propagation algorithm. This enabled its use in an adjoint method, elaborated by the authors and used for an airplane optimization task. The results from that optimization were compared with similar tasks performed by calling the full potential code in another optimization application. The resulting geometry obtained with the aerodynamic coefficient predicted by the neural network is practically the same of that designed directly by the call of the full potential code.

Design/methodology/approach

The aerodynamic database required for the neural network training was generated with a full-potential multiblock-structured code. The training process used the back-propagation algorithm, the scaled-conjugate gradient algorithm and the Nguyen–Wridow weight initialization. Networks with different numbers of neurons were evaluated to minimize the regression error.

Findings

A suitable and efficient methodology to model aerodynamic coefficients based on artificial neural networks was obtained. This work also suggests appropriate sizes of artificial neural networks for this specific application. We demonstrated that these metamodels for airplane optimization tasks can be used without loss of fidelity and with great accuracy, as their local minima might be relatively close to the minima of the original design space defined by the call of computational fluid dynamics codes.

Research limitations/implications

The present work demonstrated the ability of a metamodel with artificial neural networks to capture the physics of transonic and subsonic flow over a wing-fuselage combination. The formulation that was used was the full potential equation. However, the present methodology can be extended to model more complex formulations such as the Euler and Navier–Stokes ones.

Practical implications

Optimum networks reduced the computation time for aerodynamic coefficient calculations by 4,000 times when compared with the full-potential code. The average absolute errors obtained were of 0.004 and 0.0005 for lift and drag coefficient prediction, respectively. Airplane configurations can be evaluated more quickly.

Social implications

If multidisciplinary optimization tasks for airplane design become more efficient, this means that more efficient airplanes (for instance less polluting airplanes) can be designed. This leads to a more sustainable aviation.

Originality/value

This research started in 2005 with a master thesis. It was steadily improved with more efficient artificial neural networks able to handle more complex airplane geometries. There is a single work using similar techniques found in a conference paper published in 2007. However, that paper focused on the application, i.e. providing very few details of the methodology to model aerodynamic coefficients.

Details

Aircraft Engineering and Aerospace Technology, vol. 89 no. 2
Type: Research Article
ISSN: 1748-8842

Keywords

Article
Publication date: 1 July 2000

M.L. Nasir, R.I. John, S.C. Bennett, D.M. Russell and A Patel

An appropriate use of neural computing techniques is to apply them to corporate bankruptcy prediction, where conventional solutions can be hard to obtain. Having said that…

1009

Abstract

An appropriate use of neural computing techniques is to apply them to corporate bankruptcy prediction, where conventional solutions can be hard to obtain. Having said that, choosing an appropriate Artificial Neural Network topology (ANN) for predicting corporate bankruptcy would remain a daunting prospect. The context of the problem is that there are no fixed rules in determining the ANN structure or its parameter values, a large number of ANN topologies may have to be constructed with different structures and parameters before determining an acceptable model. The trial‐and‐error process can be tedious, and the experience of the ANN user in constructing the topologies is invaluable in the search for a good model. Yet, a permanent solution does not exist. This paper identifies a non trivial novel approach for implementing artificial neural networks for the prediction of corporate bankruptcy by applying inter‐connected neural networks. The proposed approach is to produce a neural network architecture that captures the underlying characteristics of the problem domain. The research primarily employed financial data sets from the London Stock Exchange and Jordans financial database of major public and private British companies. Early results indicate that an ANN appears to outperform the traditional approach in forecasting corporate bankruptcy.

Details

Journal of Applied Accounting Research, vol. 5 no. 3
Type: Research Article
ISSN: 0967-5426

Keywords

Article
Publication date: 7 March 2024

Manpreet Kaur, Amit Kumar and Anil Kumar Mittal

In past decades, artificial neural network (ANN) models have revolutionised various stock market operations due to their superior ability to deal with nonlinear data and garnered…

Abstract

Purpose

In past decades, artificial neural network (ANN) models have revolutionised various stock market operations due to their superior ability to deal with nonlinear data and garnered considerable attention from researchers worldwide. The present study aims to synthesize the research field concerning ANN applications in the stock market to a) systematically map the research trends, key contributors, scientific collaborations, and knowledge structure, and b) uncover the challenges and future research areas in the field.

Design/methodology/approach

To provide a comprehensive appraisal of the extant literature, the study adopted the mixed approach of quantitative (bibliometric analysis) and qualitative (intensive review of influential articles) assessment to analyse 1,483 articles published in the Scopus and Web of Science indexed journals during 1992–2022. The bibliographic data was processed and analysed using VOSviewer and R software.

Findings

The results revealed the proliferation of articles since 2018, with China as the dominant country, Wang J as the most prolific author, “Expert Systems with Applications” as the leading journal, “computer science” as the dominant subject area, and “stock price forecasting” as the predominantly explored research theme in the field. Furthermore, “portfolio optimization”, “sentiment analysis”, “algorithmic trading”, and “crisis prediction” are found as recently emerged research areas.

Originality/value

To the best of the authors’ knowledge, the current study is a novel attempt that holistically assesses the existing literature on ANN applications throughout the entire domain of stock market. The main contribution of the current study lies in discussing the challenges along with the viable methodological solutions and providing application area-wise knowledge gaps for future studies.

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 can gain…

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.

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. 17 no. 3
Type: Research Article
ISSN: 1746-5664

Keywords

Content available
Article
Publication date: 12 April 2022

Monica Puri Sikka, Alok Sarkar and Samridhi Garg

With the help of basic physics, the application of computer algorithms in the form of recent advances such as machine learning and neural networking in textile Industry has been…

1495

Abstract

Purpose

With the help of basic physics, the application of computer algorithms in the form of recent advances such as machine learning and neural networking in textile Industry has been discussed in this review. Scientists have linked the underlying structural or chemical science of textile materials and discovered several strategies for completing some of the most time-consuming tasks with ease and precision. Since the 1980s, computer algorithms and machine learning have been used to aid the majority of the textile testing process. With the rise in demand for automation, deep learning, and neural networks, these two now handle the majority of testing and quality control operations in the form of image processing.

Design/methodology/approach

The state-of-the-art of artificial intelligence (AI) applications in the textile sector is reviewed in this paper. Based on several research problems and AI-based methods, the current literature is evaluated. The research issues are categorized into three categories based on the operation processes of the textile industry, including yarn manufacturing, fabric manufacture and coloration.

Findings

AI-assisted automation has improved not only machine efficiency but also overall industry operations. AI's fundamental concepts have been examined for real-world challenges. Several scientists conducted the majority of the case studies, and they confirmed that image analysis, backpropagation and neural networking may be specifically used as testing techniques in textile material testing. AI can be used to automate processes in various circumstances.

Originality/value

This research conducts a thorough analysis of artificial neural network applications in the textile sector.

Details

Research Journal of Textile and Apparel, vol. 28 no. 1
Type: Research Article
ISSN: 1560-6074

Keywords

Article
Publication date: 1 March 2000

K.C. LAM, S. THOMAS NG, TIESONG HU, MARTIN SKITMORE and S.O. CHEUNG

The selection criteria for contractor pre‐qualification are characterized by the co‐existence of both quantitative and qualitative data. The qualitative data is non‐linear…

Abstract

The selection criteria for contractor pre‐qualification are characterized by the co‐existence of both quantitative and qualitative data. The qualitative data is non‐linear, uncertain and imprecise. An ideal decision support system for contractor pre‐qualification should have the ability of handling both quantitative and qualitative data, and of mapping the complicated non‐linear relationship of the selection criteria, such that rational and consistent decisions can be made. In this research paper, an artificial neural network model was developed to assist public clients identifying suitable contractors for tendering. The pre‐qualification criteria (variables) were identified for the model. One hundred and twelve real pre‐qualification cases were collected from civil engineering projects in Hong Kong, and 88 hypothetical pre‐qualification cases were also generated according to the ‘If‐then’ rules used by professionals in the pre‐qualification process. The results of the analysis totally comply with current practice (public developers in Hong Kong). Each pre‐qualification case consisted of input ratings for candidate contractors' attributes and their corresponding pre‐qualification decisions. The training of the neural network model was accomplished by using the developed program, in which a conjugate gradient descent algorithm was incorporated for improving the learning performance of the network. Cross‐validation was applied to estimate the generalization errors based on the ‘re‐sampling’ of training pairs. The case studies show that the artificial neural network model is suitable for mapping the complicated non‐linear relationship between contractors' attributes and their corresponding pre‐qualification (disqualification) decisions. The artificial neural network model can be concluded as an ideal alternative for performing the contractor pre‐qualification task.

Details

Engineering, Construction and Architectural Management, vol. 7 no. 3
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 6 September 2017

Isham Alzoubi, Mahmoud Delavar, Farhad Mirzaei and Babak Nadjar Arrabi

This work aims to determine the best linear model using an artificial neural network (ANN) with the imperialist competitive algorithm (ICA-ANN) and ANN to predict the energy…

Abstract

Purpose

This work aims to determine the best linear model using an artificial neural network (ANN) with the imperialist competitive algorithm (ICA-ANN) and ANN to predict the energy consumption for land leveling.

Design/methodology/approach

Using ANN, integrating artificial neural network and imperialist competitive algorithm (ICA-ANN) and sensitivity analysis (SA) can lead to a noticeable improvement in the environment. In this research, effects of various soil properties such as embankment volume, soil compressibility factor, specific gravity, moisture content, slope, sand per cent and soil swelling index on energy consumption were investigated.

Findings

According to the results, 10-8-3-1, 10-8-2-5-1, 10-5-8-10-1 and 10-6-4-1 multilayer perceptron network structures were chosen as the best arrangements and were trained using the Levenberg–Marquardt method as the network training function. Sensitivity analysis revealed that only three variables, namely, density, soil compressibility factor and cut-fill volume (V), had the highest sensitivity on the output parameters, including labor energy, fuel energy, total machinery cost and total machinery energy. Based on the results, ICA-ANN had a better performance in the prediction of output parameters in comparison with conventional methods such as ANN or particle swarm optimization (PSO)-ANN. Statistical factors of root mean square error (RMSE) and correlation coefficient (R2) illustrate the superiority of ICA-ANN over other methods by values of about 0.02 and 0.99, respectively.

Originality/value

A limited number of research studies related to energy consumption in land leveling have been done on energy as a function of volume of excavation and embankment. However, in this research, energy and cost of land leveling are shown to be functions of all the properties of the land, including the slope, coefficient of swelling, density of the soil, soil moisture and special weight dirt. Therefore, the authors believe that this paper contains new and significant information adequate for justifying publication in an international journal.

Article
Publication date: 2 May 2017

Normah Omar, Zulaikha ‘Amirah Johari and Malcolm Smith

This paper aims to explore the effectiveness of an artificial neural network (ANN) in predicting fraudulent financial reporting in small market capitalization companies in…

3575

Abstract

Purpose

This paper aims to explore the effectiveness of an artificial neural network (ANN) in predicting fraudulent financial reporting in small market capitalization companies in Malaysia.

Design/methodology/approach

Based on the concepts of ANN, a mathematical model was developed to compare non-fraud and fraud companies selected from among small market capitalization companies in Malaysia; the fraud companies had already been charged by the Securities Commission for falsification of financial statements. Ten financial ratios are used as fraud risk indicators to predict fraudulent financial reporting using ANN.

Findings

The findings indicate that the proposed ANN methodology outperforms other statistical techniques widely used for predicting fraudulent financial reporting.

Originality/value

The study is one of few to adopt the ANN approach for the prediction of financial reporting fraud.

Details

Journal of Financial Crime, vol. 24 no. 2
Type: Research Article
ISSN: 1359-0790

Keywords

1 – 10 of over 2000