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Article
Publication date: 6 October 2022

Tong Lv, Shi Lefeng and Weijun He

A vital job for one sharing business is dynamically dispatching shared items to balance the demand-supply of different sharing points in one sharing network. In order to construct…

Abstract

Purpose

A vital job for one sharing business is dynamically dispatching shared items to balance the demand-supply of different sharing points in one sharing network. In order to construct a highly efficient dispatch strategy, this paper proposes a new dispatching algorithm based on the findings of sharing network characteristics.

Design/methodology/approach

To that end, in this paper, the profit-changing process of single sharing points is modeled and analyzed first. And then, the characteristics of the whole sharing network are investigated. Subsequently, some interesting propositions are obtained, based on which an algorithm (named the Two-step random forest reinforcement learning algorithm) is proposed.

Findings

The authors discover that the sharing points of a common sharing network could be categorized into 6 types according to their profit dynamics; a sharing network that is made up of various combinations of sharing stations would exhibit distinct profit characteristics. Accounting for the characteristics, a specific method for guiding the dynamic dispatch of shared products is developed and validated.

Originality/value

Because the suggested method considers the interaction features between sharing points in a sharing network, its computation speeds and the convergence efficacy to the global optimum scheme are better than similar studies. It suits better to the sharing business requiring a higher time-efficiency.

Details

Industrial Management & Data Systems, vol. 122 no. 10
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 7 July 2021

Amirhessam Tahmassebi, Mehrtash Motamedi, Amir H. Alavi and Amir H. Gandomi

Engineering design and operational decisions depend largely on deep understanding of applications that requires assumptions for simplification of the problems in order to find…

207

Abstract

Purpose

Engineering design and operational decisions depend largely on deep understanding of applications that requires assumptions for simplification of the problems in order to find proper solutions. Cutting-edge machine learning algorithms can be used as one of the emerging tools to simplify this process. In this paper, we propose a novel scalable and interpretable machine learning framework to automate this process and fill the current gap.

Design/methodology/approach

The essential principles of the proposed pipeline are mainly (1) scalability, (2) interpretibility and (3) robust probabilistic performance across engineering problems. The lack of interpretibility of complex machine learning models prevents their use in various problems including engineering computation assessments. Many consumers of machine learning models would not trust the results if they cannot understand the method. Thus, the SHapley Additive exPlanations (SHAP) approach is employed to interpret the developed machine learning models.

Findings

The proposed framework can be applied to a variety of engineering problems including seismic damage assessment of structures. The performance of the proposed framework is investigated using two case studies of failure identification in reinforcement concrete (RC) columns and shear walls. In addition, the reproducibility, reliability and generalizability of the results were validated and the results of the framework were compared to the benchmark studies. The results of the proposed framework outperformed the benchmark results with high statistical significance.

Originality/value

Although, the current study reveals that the geometric input features and reinforcement indices are the most important variables in failure modes detection, better model can be achieved with employing more robust strategies to establish proper database to decrease the errors in some of the failure modes identification.

Details

Engineering Computations, vol. 39 no. 2
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 31 October 2023

Wenchao Zhang, Peixin Shi, Zhansheng Wang, Huajing Zhao, Xiaoqi Zhou and Pengjiao Jia

An accurate prediction of the deformation of retaining structures is critical for ensuring the stability and safety of braced deep excavations, while the high nonlinear and…

Abstract

Purpose

An accurate prediction of the deformation of retaining structures is critical for ensuring the stability and safety of braced deep excavations, while the high nonlinear and complex nature of the deformation makes the prediction challenging. This paper proposes an explainable boosted combining global and local feature multivariate regression (EB-GLFMR) model with high accuracy, robustness and interpretability to predict the deformation of retaining structures during braced deep excavations.

Design/methodology/approach

During the model development, the time series of deformation data is decomposed using a locally weighted scatterplot smoothing technique into trend and residual terms. The trend terms are analyzed through multiple adaptive spline regressions. The residual terms are reconstructed in phase space to extract both global and local features, which are then fed into a gradient-boosting model for prediction.

Findings

The proposed model outperforms other established approaches in terms of accuracy and robustness, as demonstrated through analyzing two cases of braced deep excavations.

Research limitations/implications

The model is designed for the prediction of the deformation of deep excavations with stepped, chaotic and fluctuating features. Further research needs to be conducted to expand the model applicability to other time series deformation data.

Practical implications

The model provides an efficient, robust and transparent approach to predict deformation during braced deep excavations. It serves as an effective decision support tool for engineers to ensure the stability and safety of deep excavations.

Originality/value

The model captures the global and local features of time series deformation of retaining structures and provides explicit expressions and feature importance for deformation trends and residuals, making it an efficient and transparent approach for deformation prediction.

Details

Engineering Computations, vol. 40 no. 9/10
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 16 August 2022

Saumyaranjan Sahoo, Satish Kumar, Mohammad Zoynul Abedin, Weng Marc Lim and Suresh Kumar Jakhar

Deep learning (DL) technologies assist manufacturers to manage their business operations. This research aims to present state-of-the-art insights on the trends and ways forward…

1103

Abstract

Purpose

Deep learning (DL) technologies assist manufacturers to manage their business operations. This research aims to present state-of-the-art insights on the trends and ways forward for DL applications in manufacturing operations.

Design/methodology/approach

Using bibliometric analysis and the SPAR-4-SLR protocol, this research conducts a systematic literature review to present a scientific mapping of top-tier research on DL applications in manufacturing operations.

Findings

This research discovers and delivers key insights on six knowledge clusters pertaining to DL applications in manufacturing operations: automated system modelling, intelligent fault diagnosis, forecasting, sustainable manufacturing, environmental management, and intelligent scheduling.

Research limitations/implications

This research establishes the important roles of DL in manufacturing operations. However, these insights were derived from top-tier journals only. Therefore, this research does not discount the possibility of the availability of additional insights in alternative outlets, such as conference proceedings, where teasers into emerging and developing concepts may be published.

Originality/value

This research contributes seminal insights into DL applications in manufacturing operations. In this regard, this research is valuable to readers (academic scholars and industry practitioners) interested to gain an understanding of the important roles of DL in manufacturing operations as well as the future of its applications for Industry 4.0, such as Maintenance 4.0, Quality 4.0, Logistics 4.0, Manufacturing 4.0, Sustainability 4.0, and Supply Chain 4.0.

Details

Journal of Enterprise Information Management, vol. 36 no. 1
Type: Research Article
ISSN: 1741-0398

Keywords

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: 1 September 2023

Shaghayegh Abolmakarem, Farshid Abdi, Kaveh Khalili-Damghani and Hosein Didehkhani

This paper aims to propose an improved version of portfolio optimization model through the prediction of the future behavior of stock returns using a combined wavelet-based long…

101

Abstract

Purpose

This paper aims to propose an improved version of portfolio optimization model through the prediction of the future behavior of stock returns using a combined wavelet-based long short-term memory (LSTM).

Design/methodology/approach

First, data are gathered and divided into two parts, namely, “past data” and “real data.” In the second stage, the wavelet transform is proposed to decompose the stock closing price time series into a set of coefficients. The derived coefficients are taken as an input to the LSTM model to predict the stock closing price time series and the “future data” is created. In the third stage, the mean-variance portfolio optimization problem (MVPOP) has iteratively been run using the “past,” “future” and “real” data sets. The epsilon-constraint method is adapted to generate the Pareto front for all three runes of MVPOP.

Findings

The real daily stock closing price time series of six stocks from the FTSE 100 between January 1, 2000, and December 30, 2020, is used to check the applicability and efficacy of the proposed approach. The comparisons of “future,” “past” and “real” Pareto fronts showed that the “future” Pareto front is closer to the “real” Pareto front. This demonstrates the efficacy and applicability of proposed approach.

Originality/value

Most of the classic Markowitz-based portfolio optimization models used past information to estimate the associated parameters of the stocks. This study revealed that the prediction of the future behavior of stock returns using a combined wavelet-based LSTM improved the performance of the portfolio.

Details

Journal of Modelling in Management, vol. 19 no. 2
Type: Research Article
ISSN: 1746-5664

Keywords

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