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Article
Publication date: 8 August 2023

Smita Abhijit Ganjare, Sunil M. Satao and Vaibhav Narwane

In today's fast developing era, the volume of data is increasing day by day. The traditional methods are lagging for efficiently managing the huge amount of data. The adoption of…

Abstract

Purpose

In today's fast developing era, the volume of data is increasing day by day. The traditional methods are lagging for efficiently managing the huge amount of data. The adoption of machine learning techniques helps in efficient management of data and draws relevant patterns from that data. The main aim of this research paper is to provide brief information about the proposed adoption of machine learning techniques in different sectors of manufacturing supply chain.

Design/methodology/approach

This research paper has done rigorous systematic literature review of adoption of machine learning techniques in manufacturing supply chain from year 2015 to 2023. Out of 511 papers, 74 papers are shortlisted for detailed analysis.

Findings

The papers are subcategorised into 8 sections which helps in scrutinizing the work done in manufacturing supply chain. This paper helps in finding out the contribution of application of machine learning techniques in manufacturing field mostly in automotive sector.

Practical implications

The research is limited to papers published from year 2015 to year 2023. The limitation of the current research that book chapters, unpublished work, white papers and conference papers are not considered for study. Only English language articles and review papers are studied in brief. This study helps in adoption of machine learning techniques in manufacturing supply chain.

Originality/value

This study is one of the few studies which investigate machine learning techniques in manufacturing sector and supply chain through systematic literature survey.

Highlights

  1. A comprehensive understanding of Machine Learning techniques is presented.

  2. The state of art of adoption of Machine Learning techniques are investigated.

  3. The methodology of (SLR) is proposed.

  4. An innovative study of Machine Learning techniques in manufacturing supply chain.

A comprehensive understanding of Machine Learning techniques is presented.

The state of art of adoption of Machine Learning techniques are investigated.

The methodology of (SLR) is proposed.

An innovative study of Machine Learning techniques in manufacturing supply chain.

Details

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

Keywords

Article
Publication date: 20 March 2024

Vinod Bhatia and K. Kalaivani

Indian railways (IR) is one of the largest railway networks in the world. As a part of its strategic development initiative, demand forecasting can be one of the indispensable…

Abstract

Purpose

Indian railways (IR) is one of the largest railway networks in the world. As a part of its strategic development initiative, demand forecasting can be one of the indispensable activities, as it may provide basic inputs for planning and control of various activities such as coach production, planning new trains, coach augmentation and quota redistribution. The purpose of this study is to suggest an approach to demand forecasting for IR management.

Design/methodology/approach

A case study is carried out, wherein several models i.e. automated autoregressive integrated moving average (auto-ARIMA), trigonometric regressors (TBATS), Holt–Winters additive model, Holt–Winters multiplicative model, simple exponential smoothing and simple moving average methods have been tested. As per requirements of IR management, the adopted research methodology is predominantly discursive, and the passenger reservation patterns over a five-year period covering a most representative train service for the past five years have been employed. The relative error matrix and the Akaike information criterion have been used to compare the performance of various models. The Diebold–Mariano test was conducted to examine the accuracy of models.

Findings

The coach production strategy has been proposed on the most suitable auto-ARIMA model. Around 6,000 railway coaches per year have been produced in the past 3 years by IR. As per the coach production plan for the year 2023–2024, a tentative 6551 coaches of various types have been planned for production. The insights gained from this paper may facilitate need-based coach manufacturing and optimum utilization of the inventory.

Originality/value

This study contributes to the literature on rail ticket demand forecasting and adds value to the process of rolling stock management. The proposed model can be a comprehensive decision-making tool to plan for new train services and assess the rolling stock production requirement on any railway system. The analysis may help in making demand predictions for the busy season, and the management can make important decisions about the pricing of services.

Details

foresight, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1463-6689

Keywords

Article
Publication date: 12 October 2023

Xiaoli Su, Lijun Zeng, Bo Shao and Binlong Lin

The production planning problem with fine-grained information has hardly been considered in practice. The purpose of this study is to investigate the data-driven production…

Abstract

Purpose

The production planning problem with fine-grained information has hardly been considered in practice. The purpose of this study is to investigate the data-driven production planning problem when a manufacturer can observe historical demand data with high-dimensional mixed-frequency features, which provides fine-grained information.

Design/methodology/approach

In this study, a two-step data-driven optimization model is proposed to examine production planning with the exploitation of mixed-frequency demand data is proposed. First, an Unrestricted MIxed DAta Sampling approach is proposed, which imposes Group LASSO Penalty (GP-U-MIDAS). The use of high frequency of massive demand information is analytically justified to significantly improve the predictive ability without sacrificing goodness-of-fit. Then, integrated with the GP-U-MIDAS approach, the authors develop a multiperiod production planning model with a rolling cycle. The performance is evaluated by forecasting outcomes, production planning decisions, service levels and total cost.

Findings

Numerical results show that the key variables influencing market demand can be completely recognized through the GP-U-MIDAS approach; in particular, the selected accuracy of crucial features exceeds 92%. Furthermore, the proposed approach performs well regarding both in-sample fitting and out-of-sample forecasting throughout most of the horizons. Taking the total cost and service level obtained under the actual demand as the benchmark, the mean values of both the service level and total cost differences are reduced. The mean deviations of the service level and total cost are reduced to less than 2.4%. This indicates that when faced with fluctuating demand, the manufacturer can adopt the proposed model to effectively manage total costs and experience an enhanced service level.

Originality/value

Compared with previous studies, the authors develop a two-step data-driven optimization model by directly incorporating a potentially large number of features; the model can help manufacturers effectively identify the key features of market demand, improve the accuracy of demand estimations and make informed production decisions. Moreover, demand forecasting and optimal production decisions behave robustly with shifting demand and different cost structures, which can provide manufacturers an excellent method for solving production planning problems under demand uncertainty.

Details

Kybernetes, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 30 May 2024

Flavian Emmanuel Sapnken, Benjamin Salomon Diboma, Ali Khalili Tazehkandgheshlagh, Mohammed Hamaidi, Prosper Gopdjim Noumo, Yong Wang and Jean Gaston Tamba

This paper addresses the challenges associated with forecasting electricity consumption using limited data without making prior assumptions on normality. The study aims to enhance…

Abstract

Purpose

This paper addresses the challenges associated with forecasting electricity consumption using limited data without making prior assumptions on normality. The study aims to enhance the predictive performance of grey models by proposing a novel grey multivariate convolution model incorporating residual modification and residual genetic programming sign estimation.

Design/methodology/approach

The research begins by constructing a novel grey multivariate convolution model and demonstrates the utilization of genetic programming to enhance prediction accuracy by exploiting the signs of forecast residuals. Various statistical criteria are employed to assess the predictive performance of the proposed model. The validation process involves applying the model to real datasets spanning from 2001 to 2019 for forecasting annual electricity consumption in Cameroon.

Findings

The novel hybrid model outperforms both grey and non-grey models in forecasting annual electricity consumption. The model's performance is evaluated using MAE, MSD, RMSE, and R2, yielding values of 0.014, 101.01, 10.05, and 99% respectively. Results from validation cases and real-world scenarios demonstrate the feasibility and effectiveness of the proposed model. The combination of genetic programming and grey convolution model offers a significant improvement over competing models. Notably, the dynamic adaptability of genetic programming enhances the model's accuracy by mimicking expert systems' knowledge and decision-making, allowing for the identification of subtle changes in electricity demand patterns.

Originality/value

This paper introduces a novel grey multivariate convolution model that incorporates residual modification and genetic programming sign estimation. The application of genetic programming to enhance prediction accuracy by leveraging forecast residuals represents a unique approach. The study showcases the superiority of the proposed model over existing grey and non-grey models, emphasizing its adaptability and expert-like ability to learn and refine forecasting rules dynamically. The potential extension of the model to other forecasting fields is also highlighted, indicating its versatility and applicability beyond electricity consumption prediction in Cameroon.

Details

Grey Systems: Theory and Application, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 16 August 2024

Shalini Singh and Ram Singh

India’s rapid economic growth has triggered a significant transformation in its logistics sector, fueled by comprehensive reforms and digital initiatives outlined in the National…

Abstract

Purpose

India’s rapid economic growth has triggered a significant transformation in its logistics sector, fueled by comprehensive reforms and digital initiatives outlined in the National Logistics Policy. Smart warehouses, equipped with cutting-edge technologies such as IoT, AI and automation, have taken center stage in this evolution. They play a pivotal role in India’s digital journey, revolutionizing supply chains, reducing costs and boosting productivity. This AI-driven transformation, in alignment with the “Digital India” campaign, positions India as a global logistics leader poised for success in the industry 4.0 era. In this context, this study highlights the significance of smart warehouses and their enablers in the broader context of supply chain and logistics.

Design/methodology/approach

This paper utilized the ISM technique to suggest a multi-tiered model for smart warehouse ecosystem enablers in India. Enablers are also graphically categorized by their influence and dependence via MICMAC analysis.

Findings

The study not only identifies the 17 key enablers fostering a viable ecosystem for smart warehouses in India but also categorizes them as linkage, autonomous, dependent and independent enablers.

Research limitations/implications

This research provides valuable insights for practitioners aiming to enhance technological infrastructure, reduce costs, minimize wastage and enhance productivity. Moreover, it addresses critical academic and research gaps contributing to the advancement of knowledge in this domain, thus paving the way forward for more research and learning in the field of smart warehouses.

Originality/value

The qualitative modeling is done by collecting experts' opinions using the ISM technique solicits substantial value to this research.

Details

International Journal of Productivity and Performance Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 18 June 2024

Mehir Baidya and Bipasha Maity

In the past, there have been few studies that shed light on the process of how to maintain the right value proposition with retailers. This research aims to examine the factors…

Abstract

Purpose

In the past, there have been few studies that shed light on the process of how to maintain the right value proposition with retailers. This research aims to examine the factors that play a significant role in the process of keeping the right value proposition with retailers in the B2C sector through a firm-retailer dependency lens.

Design/methodology/approach

Longitudinal data was gathered from 700 retailers who deal with the products of two of India’s firms in the B2C sector. Three data sets were created, and an econometric model was fitted to each data set separately.

Findings

The findings revealed that the firm-centric and retailer-centric variables had positive impacts, whereas competitor-centric variables negatively impacted the value proposition. Furthermore, the intensity of the impact on the value proposition of all types of drivers varied from “quiet-quitting retailers” to “active retailers.”

Practical implications

This study’s findings should assist managers in framing a value-sharing strategy to maintain a “win-win” relationship with retailers.

Originality/value

Using real-world data and a panel regression model, this research extends the theory on the relationship between value proposition and its drivers in the B2C sector and, hence, enriches the literature on the interface between business process management, retailing, and marketing.

Details

Business Process Management Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1463-7154

Keywords

Open Access
Article
Publication date: 23 August 2024

Samuel Affran, Emma Doreen Otiwaa Oppong and Joseph Yenabil Kolug

Family businesses are on the rise and facing severe sustainability challenges. The overall purpose of this thesis is to examine the moderating role of technological resources in…

Abstract

Purpose

Family businesses are on the rise and facing severe sustainability challenges. The overall purpose of this thesis is to examine the moderating role of technological resources in the relationship between marketing innovation and family business sustainability.

Design/methodology/approach

From a post-positivist perspective, this study utilized a quantitative approach and causal research design. 204 family businesses within the Accra Metropolitan Assembly were sampled for this study. Structural Equation Modeling (SMART PLS 4) was utilized for data analysis after a closed-ended questionnaire was used to gather data.

Findings

It was evidenced that marketing innovation has a positive significant effect on family business sustainability. Technological resources have a negative significant moderating effect on the relationship between marketing innovation and family business sustainability.

Originality/value

The originality of this study lies in examining the moderating effect of technological resources on the relationship between marketing innovation and family business sustainability in Ghana, where this phenomenon is less explored.

Details

IIMBG Journal of Sustainable Business and Innovation, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2976-8500

Keywords

Article
Publication date: 24 April 2024

Haider Jouma, Muhamad Mansor, Muhamad Safwan Abd Rahman, Yong Jia Ying and Hazlie Mokhlis

This study aims to investigate the daily performance of the proposed microgrid (MG) that comprises photovoltaic, wind turbines and is connected to the main grid. The load demand…

Abstract

Purpose

This study aims to investigate the daily performance of the proposed microgrid (MG) that comprises photovoltaic, wind turbines and is connected to the main grid. The load demand is a residential area that includes 20 houses.

Design/methodology/approach

The daily operational strategy of the proposed MG allows to vend and procure utterly between the main grid and MG. The smart metre of every consumer provides the supplier with the daily consumption pattern which is amended by demand side management (DSM). The daily operational cost (DOC) CO2 emission and other measures are utilized to evaluate the system performance. A grey wolf optimizer was employed to minimize DOC including the cost of procuring energy from the main grid, the emission cost and the revenue of sold energy to the main grid.

Findings

The obtained results of winter and summer days revealed that DSM significantly improved the system performance from the economic and environmental perspectives. With DSM, DOC on winter day was −26.93 ($/kWh) and on summer day, DOC was 10.59 ($/kWh). While without considering DSM, DOC on winter day was −25.42 ($/kWh) and on summer day DOC was 14.95 ($/kWh).

Originality/value

As opposed to previous research that predominantly addressed the long-term operation, the value of the proposed research is to investigate the short-term operation (24-hour) of MG that copes with vital contingencies associated with selling and procuring energy with the main grid considering the environmental cost. Outstandingly, the proposed research engaged the consumers by smart meters to apply demand-sideDSM, while the previous studies largely focused on supply side management.

Details

Smart and Sustainable Built Environment, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2046-6099

Keywords

Article
Publication date: 3 September 2024

Jaya Choudhary, Mangey Ram and Ashok Singh Bhandari

This research introduces an innovation strategy aimed at bolstering the reliability of a renewable energy resource, which is hybrid energy systems, through the application of a…

Abstract

Purpose

This research introduces an innovation strategy aimed at bolstering the reliability of a renewable energy resource, which is hybrid energy systems, through the application of a metaheuristic algorithm. The growing need for sustainable energy solutions underscores the importance of integrating various energy sources effectively. Concentrating on the intermittent characteristics of renewable sources, this study seeks to create a highly reliable hybrid energy system by combining photovoltaic (PV) and wind power.

Design/methodology/approach

To obtain efficient renewable energy resources, system designers aim to enhance the system’s reliability. Generally, for this purpose, the reliability redundancy allocation problem (RRAP) method is utilized. The authors have also introduced a new methodology, named Reliability Redundancy Allocation Problem with Component Mixing (RRAP-CM), for optimizing systems’ reliability. This method incorporates heterogeneous components to create a nonlinear mixed-integer mathematical model, classified as NP-hard problems. We employ specially crafted metaheuristic algorithms as optimization strategies to address these challenges and boost the overall system performance.

Findings

The study introduces six newly designed metaheuristic algorithms. Solve the optimization problem. When comparing results between the traditional RRAP method and the innovative RRAP-CM method, enhanced reliability is achieved through the blending of diverse components. The use of metaheuristic algorithms proves advantageous in identifying optimal configurations, ensuring resource efficiency and maximizing energy output in a hybrid energy system.

Research limitations/implications

The study’s findings have significant social implications because they contribute to the renewable energy field. The proposed methodologies offer a flexible and reliable mechanism for enhancing the efficiency of hybrid energy systems. By addressing the intermittent nature of renewable sources, this research promotes the design of highly reliable sustainable energy solutions, potentially influencing global efforts towards a more environmentally friendly and reliable energy landscape.

Practical implications

The research provides practical insights by delivering a comprehensive analysis of a hybrid energy system incorporating both PV and wind components. Also, the use of metaheuristic algorithms aids in identifying optimal configurations, promoting resource efficiency and maximizing reliability. These practical insights contribute to advancing sustainable energy solutions and designing efficient, reliable hybrid energy systems.

Originality/value

This work is original as it combines the RRAP-CM methodology with six new robust metaheuristics, involving the integration of diverse components to enhance system reliability. The formulation of a nonlinear mixed-integer mathematical model adds complexity, categorizing it as an NP-hard problem. We have developed six new metaheuristic algorithms. Designed specifically for optimization in hybrid energy systems, this further highlights the uniqueness of this approach to research.

Details

Management of Environmental Quality: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 25 January 2024

Jain Vinith P.R., Navin Sam K., Vidya T., Joseph Godfrey A. and Venkadesan Arunachalam

This paper aims to Solar photovoltaic (PV) power can significantly impact the power system because of its intermittent nature. Hence, an accurate solar PV power forecasting model…

Abstract

Purpose

This paper aims to Solar photovoltaic (PV) power can significantly impact the power system because of its intermittent nature. Hence, an accurate solar PV power forecasting model is required for appropriate power system planning.

Design/methodology/approach

In this paper, a long short-term memory (LSTM)-based double deep Q-learning (DDQL) neural network (NN) is proposed for forecasting solar PV power indirectly over the long-term horizon. The past solar irradiance, temperature and wind speed are used for forecasting the solar PV power for a place using the proposed forecasting model.

Findings

The LSTM-based DDQL NN reduces over- and underestimation and avoids gradient vanishing. Thus, the proposed model improves the forecasting accuracy of solar PV power using deep learning techniques (DLTs). In addition, the proposed model requires less training time and forecasts solar PV power with improved stability.

Originality/value

The proposed model is trained and validated for several places with different climatic patterns and seasons. The proposed model is also tested for a place with a temperate climatic pattern by constructing an experimental solar PV system. The training, validation and testing results have confirmed the practicality of the proposed solar PV power forecasting model using LSTM-based DDQL NN.

Details

World Journal of Engineering, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1708-5284

Keywords

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