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1 – 10 of 209
Article
Publication date: 12 November 2019

Sasanka Choudhury, Dhirendra Nath Thatoi, Jhalak Hota and Mohan D. Rao

To avoid the structural defect, early crack detection is oneof the important aspects in the recent area of research. The purpose of this paper is to detect the crack before its…

Abstract

Purpose

To avoid the structural defect, early crack detection is oneof the important aspects in the recent area of research. The purpose of this paper is to detect the crack before its failure by means of its position and severity.

Design/methodology/approach

This paper uses two trees based regressors, namely, decision tree (DT) regressor and random forest (RF) regressor for their capabilities to adopt different types of parameter and generate simple rules by which the method can predict the crack parameters with better accuracy, making it possible to effectively predict the crack parameters such as its location and depth before failure of the beam.

Findings

The predicted parameters can be achieved, if the relationship between vibration and crack parameters can be attained. The relationship yields the results of beam natural frequencies, which is used as the input value for the regression techniques. It is observed that the RF regressor predicts the parameters with better accuracy as compared to DT regressor.

Originality/value

The idea is used the developed regression techniques to identify the crack parameters which are more effective as compared to other developed methods because the alternate name of prediction is called regression. The authors have used DT regressor and RF regressor to achieve the target. In this paper care has been given to the generalization of the model, so that the adaptability of the model can be ensured. The robustness of proposed methods has been verified in support of numerical and experimental analysis.

Details

International Journal of Structural Integrity, vol. 11 no. 6
Type: Research Article
ISSN: 1757-9864

Keywords

Article
Publication date: 16 February 2024

Hossam Mohamed Toma, Ahmed H. Abdeen and Ahmed Ibrahim

The equipment resale price plays an important role in calculating the optimum time for equipment replacement. Some of the existing models that predict the equipment resale price…

Abstract

Purpose

The equipment resale price plays an important role in calculating the optimum time for equipment replacement. Some of the existing models that predict the equipment resale price do not take many of the influencing factors on the resale price into account. Other models consider more factors that influence equipment resale price, but they still with low accuracy because of the modeling techniques that were used. An easy tool is required to help in forecasting the resale price and support efficient decisions for equipment replacement. This research presents a machine learning (ML) computer model helping in forecasting accurately the equipment resale price.

Design/methodology/approach

A measuring method for the influencing factors that have impacts on the equipment resale price was determined. The values of those factors were measured for 1,700 pieces of equipment and their corresponding resale price. The data were used to develop a ML model that covers three types of equipment (loaders, excavators and bulldozers). The methodology used to develop the model applied three ML algorithms: the random forest regressor, extra trees regressor and decision tree regressor, to find an accurate model for the equipment resale price. The three algorithms were verified and tested with data of 340 pieces of equipment.

Findings

Using a large number of data to train the ML model resulted in a high-accuracy predicting model. The accuracy of the extra trees regressor algorithm was the highest among the three used algorithms to develop the ML model. The accuracy of the model is 98%. A computer interface is designed to make the use of the model easier.

Originality/value

The proposed model is accurate and makes it easy to predict the equipment resale price. The predicted resale price can be used to calculate equipment elements that are essential for developing a dependable equipment replacement plan. The proposed model was developed based on the most influencing factors on the equipment resale price and evaluation of those factors was done using reliable methods. The technique used to develop the model is the ML that proved its accuracy in modeling. The accuracy of the model, which is 98%, enhances the value of the model.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 5 December 2023

Valeriia Baklanova, Aleksei Kurkin and Tamara Teplova

The primary objective of this research is to provide a precise interpretation of the constructed machine learning model and produce definitive summaries that can evaluate the…

Abstract

Purpose

The primary objective of this research is to provide a precise interpretation of the constructed machine learning model and produce definitive summaries that can evaluate the influence of investor sentiment on the overall sales of non-fungible token (NFT) assets. To achieve this objective, the NFT hype index was constructed as well as several approaches of XAI were employed to interpret Black Box models and assess the magnitude and direction of the impact of the features used.

Design/methodology/approach

The research paper involved the construction of a sentiment index termed the NFT hype index, which aims to measure the influence of market actors within the NFT industry. This index was created by analyzing written content posted by 62 high-profile individuals and opinion leaders on the social media platform Twitter. The authors collected posts from the Twitter accounts that were afterward classified by tonality with a help of natural language processing model VADER. Then the machine learning methods and XAI approaches (feature importance, permutation importance and SHAP) were applied to explain the obtained results.

Findings

The built index was subjected to rigorous analysis using the gradient boosting regressor model and explainable AI techniques, which confirmed its significant explanatory power. Remarkably, the NFT hype index exhibited a higher degree of predictive accuracy compared to the well-known sentiment indices.

Practical implications

The NFT hype index, constructed from Twitter textual data, functions as an innovative, sentiment-based indicator for investment decision-making in the NFT market. It offers investors unique insights into the market sentiment that can be used alongside conventional financial analysis techniques to enhance risk management, portfolio optimization and overall investment outcomes within the rapidly evolving NFT ecosystem. Thus, the index plays a crucial role in facilitating well-informed, data-driven investment decisions and ensuring a competitive edge in the digital assets market.

Originality/value

The authors developed a novel index of investor interest for NFT assets (NFT hype index) based on text messages posted by market influencers and compared it to conventional sentiment indices in terms of their explanatory power. With the application of explainable AI, it was shown that sentiment indices may perform as significant predictors for NFT sales and that the NFT hype index works best among all sentiment indices considered.

Details

China Finance Review International, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-1398

Keywords

Article
Publication date: 7 July 2020

Jiaming Liu, Liuan Wang, Linan Zhang, Zeming Zhang and Sicheng Zhang

The primary objective of this study was to recognize critical indicators in predicting blood glucose (BG) through data-driven methods and to compare the prediction performance of…

Abstract

Purpose

The primary objective of this study was to recognize critical indicators in predicting blood glucose (BG) through data-driven methods and to compare the prediction performance of four tree-based ensemble models, i.e. bagging with tree regressors (bagging-decision tree [Bagging-DT]), AdaBoost with tree regressors (Adaboost-DT), random forest (RF) and gradient boosting decision tree (GBDT).

Design/methodology/approach

This study proposed a majority voting feature selection method by combining lasso regression with the Akaike information criterion (AIC) (LR-AIC), lasso regression with the Bayesian information criterion (BIC) (LR-BIC) and RF to select indicators with excellent predictive performance from initial 38 indicators in 5,642 samples. The selected features were deployed to build the tree-based ensemble models. The 10-fold cross-validation (CV) method was used to evaluate the performance of each ensemble model.

Findings

The results of feature selection indicated that age, corpuscular hemoglobin concentration (CHC), red blood cell volume distribution width (RBCVDW), red blood cell volume and leucocyte count are five most important clinical/physical indicators in BG prediction. Furthermore, this study also found that the GBDT ensemble model combined with the proposed majority voting feature selection method is better than other three models with respect to prediction performance and stability.

Practical implications

This study proposed a novel BG prediction framework for better predictive analytics in health care.

Social implications

This study incorporated medical background and machine learning technology to reduce diabetes morbidity and formulate precise medical schemes.

Originality/value

The majority voting feature selection method combined with the GBDT ensemble model provides an effective decision-making tool for predicting BG and detecting diabetes risk in advance.

Article
Publication date: 1 March 2023

Farouq Sammour, Heba Alkailani, Ghaleb J. Sweis, Rateb J. Sweis, Wasan Maaitah and Abdulla Alashkar

Demand forecasts are a key component of planning efforts and are crucial for managing core operations. This study aims to evaluate the use of several machine learning (ML…

Abstract

Purpose

Demand forecasts are a key component of planning efforts and are crucial for managing core operations. This study aims to evaluate the use of several machine learning (ML) algorithms to forecast demand for residential construction in Jordan.

Design/methodology/approach

The identification and selection of variables and ML algorithms that are related to the demand for residential construction are indicated using a literature review. Feature selection was done by using a stepwise backward elimination. The developed algorithm’s accuracy has been demonstrated by comparing the ML predictions with real residual values and compared based on the coefficient of determination.

Findings

Nine economic indicators were selected to develop the demand models. Elastic-Net showed the highest accuracy of (0.838) versus artificial neural networkwith an accuracy of (0.727), followed by Eureqa with an accuracy of (0.715) and the Extra Trees with an accuracy of (0.703). According to the results of the best-performing model forecast, Jordan’s 2023 first-quarter demand for residential construction is anticipated to rise by 11.5% from the same quarter of the year 2022.

Originality/value

The results of this study extend to the existing body of knowledge through the identification of the most influential variables in the Jordanian residential construction industry. In addition, the models developed will enable users in the fields of construction engineering to make reliable demand forecasts while also assisting in effective financial decision-making.

Details

Construction Innovation , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1471-4175

Keywords

Article
Publication date: 18 September 2023

Fatma Ben Hamadou, Taicir Mezghani, Ramzi Zouari and Mouna Boujelbène-Abbes

This study aims to assess the predictive performance of various factors on Bitcoin returns, used for the development of a robust forecasting support decision model using machine…

Abstract

Purpose

This study aims to assess the predictive performance of various factors on Bitcoin returns, used for the development of a robust forecasting support decision model using machine learning techniques, before and during the COVID-19 pandemic. More specifically, the authors investigate the impact of the investor's sentiment on forecasting the Bitcoin returns.

Design/methodology/approach

This method uses feature selection techniques to assess the predictive performance of the different factors on the Bitcoin returns. Subsequently, the authors developed a forecasting model for the Bitcoin returns by evaluating the accuracy of three machine learning models, namely the one-dimensional convolutional neural network (1D-CNN), the bidirectional deep learning long short-term memory (BLSTM) neural networks and the support vector machine model.

Findings

The findings shed light on the importance of the investor's sentiment in enhancing the accuracy of the return forecasts. Furthermore, the investor's sentiment, the economic policy uncertainty (EPU), gold and the financial stress index (FSI) are the top best determinants before the COVID-19 outbreak. However, there was a significant decrease in the importance of financial uncertainty (FSI and EPU) during the COVID-19 pandemic, proving that investors attach much more importance to the sentimental side than to the traditional uncertainty factors. Regarding the forecasting model accuracy, the authors found that the 1D-CNN model showed the lowest prediction error before and during the COVID-19 and outperformed the other models. Therefore, it represents the best-performing algorithm among its tested counterparts, while the BLSTM is the least accurate model.

Practical implications

Moreover, this study contributes to a better understanding relevant for investors and policymakers to better forecast the returns based on a forecasting model, which can be used as a decision-making support tool. Therefore, the obtained results can drive the investors to uncover potential determinants, which forecast the Bitcoin returns. It actually gives more weight to the sentiment rather than financial uncertainties factors during the pandemic crisis.

Originality/value

To the authors’ knowledge, this is the first study to have attempted to construct a novel crypto sentiment measure and use it to develop a Bitcoin forecasting model. In fact, the development of a robust forecasting model, using machine learning techniques, offers a practical value as a decision-making support tool for investment strategies and policy formulation.

Details

EuroMed Journal of Business, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1450-2194

Keywords

Article
Publication date: 16 November 2021

Elena Fedorova, Sergei Druchok and Pavel Drogovoz

The goal of the study is to examine the effects of news sentiment and topics dominating in the news field prior to the initial public offering (IPO) on the IPO underpricing.

Abstract

Purpose

The goal of the study is to examine the effects of news sentiment and topics dominating in the news field prior to the initial public offering (IPO) on the IPO underpricing.

Design/methodology/approach

The authors’ approach has several steps. The first is textual analysis. To detect the dominating topics in the news, the authors use Latent Dirichlet allocation. The authors use bidirectional encoder representations from transformers (BERT) pretrained on financial news corpus to evaluate the tonality of articles. The second is evaluation of feature importance. To this end, a linear regression with robust estimators and Classification and Regression Tree and Random Forest are used. The third is data. The text data consists of 345,731 news articles from Thomson Reuters related to the USA in the date range from 1 January 2011 to 31 May 2018. The data contains all the possible topics from the website, excluding anything related to sports. The sample of 386 initial public offerings completed in the USA from 1 January 2011 to 31 May 2018 was collected from Bloomberg Database.

Findings

The authors found that sentiment of the media regarding the companies going public influences IPO underpricing. Some topics, namely, the climate change and environmental policies and the trade war between the US and China, have influence on IPO underpricing if they appear in the media prior to the IPO day.

Originality/value

The puzzle of IPO underpricing is studied from the point of Narrative Economics theory for the first time. While most of the works cover only some specific news segment, we use Thomson Reuters news aggregator, which uses such sources The New York Post, CNN, Fox, Atlantic, The Washington Post ? Buzzfeed. To evaluate the sentiment of the articles, a state-of-the-art approach BERT is used. The hypothesis that some common narratives or topics in the public discussion may impose influence on such example of biased behaviour like IPO underpricing has also found confirmation.

Details

International Journal of Accounting & Information Management, vol. 30 no. 1
Type: Research Article
ISSN: 1834-7649

Keywords

Article
Publication date: 12 February 2024

Boyi Li, Miao Tian, Xiaohan Liu, Jun Li, Yun Su and Jiaming Ni

The purpose of this study is to predict the thermal protective performance (TPP) of flame-retardant fabric more economically using machine learning and analyze the factors…

Abstract

Purpose

The purpose of this study is to predict the thermal protective performance (TPP) of flame-retardant fabric more economically using machine learning and analyze the factors affecting the TPP using model visualization.

Design/methodology/approach

A total of 13 machine learning models were trained by collecting 414 datasets of typical flame-retardant fabric from current literature. The optimal performance model was used for feature importance ranking and correlation variable analysis through model visualization.

Findings

Five models with better performance were screened, all of which showed R2 greater than 0.96 and root mean squared error less than 3.0. Heat map results revealed that the TPP of fabrics differed significantly under different types of thermal exposure. The effect of fabric weight was more apparent in the flame or low thermal radiation environment. The increase in fabric weight, fabric thickness, air gap width and relative humidity of the air gap improved the TPP of the fabric.

Practical implications

The findings suggested that the visual analysis method of machine learning can intuitively understand the change trend and range of second-degree burn time under the influence of multiple variables. The established models can be used to predict the TPP of fabrics, providing a reference for researchers to carry out relevant research.

Originality/value

The findings of this study contribute directional insights for optimizing the structure of thermal protective clothing, and introduce innovative perspectives and methodologies for advancing heat transfer modeling in thermal protective clothing.

Details

International Journal of Clothing Science and Technology, vol. 36 no. 2
Type: Research Article
ISSN: 0955-6222

Keywords

Article
Publication date: 17 January 2020

David Pánek, Pavel Karban, Tamás Orosz and Ivo Doležel

The purpose of this paper is to compare different reduced-order models for models of control of induction brazing process. In the presented application, the problem is to…

Abstract

Purpose

The purpose of this paper is to compare different reduced-order models for models of control of induction brazing process. In the presented application, the problem is to reconstruct temperature at the points of interests (hot spots) from information measured at accessible places.

Design/methodology/approach

The paper describes the process of induction brazing. It presents the full field model and evaluates the possibilities for obtaining reduced models for temperature estimation. The primary attention is paid to the model based on proper orthogonal decomposition (POD).

Findings

The paper shows that for the given application, it is possible to find low-order estimator. In the examined linear case, the best estimator was created using POD reduced model together with the linear Kalman filter.

Research limitations/implications

The authors are aware of two main limitations of the presented study: material properties are considered linear, which is not a completely realistic assumption. However, if strong coupling and nonlinear material parameters are considered, the model becomes unsolvable. The process and measurement uncertainties are not considered.

Originality/value

The paper deals with POD of multi-physics 3 D application of induction brazing. The paper compares 11 different methods for temperature estimator design.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering , vol. 39 no. 1
Type: Research Article
ISSN: 0332-1649

Keywords

Open Access
Article
Publication date: 16 October 2017

Shenle Pan, Vaggelis Giannikas, Yufei Han, Etta Grover-Silva and Bin Qiao

The development of e-grocery allows people to purchase food online and benefit from home delivery service. Nevertheless, a high rate of failed deliveries due to the customer’s…

19213

Abstract

Purpose

The development of e-grocery allows people to purchase food online and benefit from home delivery service. Nevertheless, a high rate of failed deliveries due to the customer’s absence causes significant loss of logistics efficiency, especially for perishable food. The purpose of this paper is to propose an innovative approach to use customer-related data to optimize e-grocery home delivery. The approach estimates the absence probability of a customer by mining electricity consumption data, in order to improve the success rate of delivery and optimize transportation.

Design/methodology/approach

The methodological approach consists of two stages: a data mining stage that estimates absence probabilities, and an optimization stage to optimize transportation.

Findings

Computational experiments reveal that the proposed approach could reduce the total travel distance by 3-20 percent, and theoretically increase the success rate of first-round delivery approximately by18-26 percent.

Research limitations/implications

The proposed approach combines two attractive research streams on data mining and transportation planning to provide a solution for e-commerce logistics.

Practical implications

This study gives an insight to e-grocery retailers and carriers on how to use customer-related data to improve home delivery effectiveness and efficiency.

Social implications

The proposed approach can be used to reduce environmental footprint generated by freight distribution in a city, and to improve customers’ experience on online shopping.

Originality/value

Being an experimental study, this work demonstrates the effectiveness of data-driven innovative solutions to e-grocery home delivery problem. The paper also provides a methodological approach to this line of research.

Details

Industrial Management & Data Systems, vol. 117 no. 9
Type: Research Article
ISSN: 0263-5577

Keywords

1 – 10 of 209