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Financial distress is a socially and economically important problem that affects companies the world over. Having the power to better understand – and hence aid businesses from failing, has the potential to save not only the company, but also potentially prevent economies from sustained downturn. Although Islamic banks constitute a fraction of total banking assets, their importance have been substantially increasing, as their asset growth rate has surpassed that of conventional banks in recent years. The paper aims to discuss these issues.

This paper uses a data set comprising 101 international publicly listed Islamic banks to work on advancing financial distress prediction (FDP) by utilising cutting-edge stochastic models, namely decision trees, stochastic gradient boosting and random forests. The most important variables pertaining to forecasting corporate failure are determined from an initial set of 18 variables.

The results indicate that the “Working Capital/Total Assets” ratio is the most crucial variable relating to forecasting financial distress using both the traditional “Altman Z-Score” and the “Altman Z-Score for Service Firms” methods. However, using the “Standardised Profits” method, the “Return on Revenue” ratio was found to be the most important variable. This provides empirical evidence to support the recommendations made by Basel Accords for assessing a bank’s capital risks, specifically in relation to the application to Islamic banking.

These findings provide a valuable addition to the limited literature surrounding Islamic banking in general, and FDP pertaining to Islamic banking in particular, by showcasing the most pertinent variables in forecasting financial distress so that appropriate proactive actions can be taken.

The after-sale service industry is estimated to contribute over 8 percent to the US GDP. For use in this considerably large service management industry, this article provides verification in the application of decision tree-based machine learning algorithms for optimal maintenance decision-making. The motivation for this research arose from discussions held with a large agricultural equipment manufacturing company interested in increasing the uptime of their expensive machinery and in helping their dealer network.

We propose a general strategy for the design of predictive maintenance systems using machine learning techniques. Then, we present a case study where multiple machine learning algorithms are applied to a particular example situation for an illustration of the proposed strategy and evaluation of its performance.

We found progressive improvements using such machine learning techniques in terms of accuracy in predictions of failure, demonstrating that the proposed strategy is successful.

This approach is scalable to a wide variety of applications to aid in failure prediction. These approaches are generalizable to many systems irrespective of the underlying physics. Even though we focus on decision tree-based machine learning techniques in this study, the general design strategy proposed can be used with all other supervised learning techniques like neural networks, boosting algorithms, support vector machines, and statistical methods.

This approach is applicable to many different types of systems that require maintenance and repair decision-making. A case is provided for a cloud data storage provider. The methods described in the case can be used in any number of systems and industrial applications, making this a very scalable case for industry practitioners. This scalability is possible as the machine learning techniques learn the correspondence between machine conditions and outcome state irrespective of the underlying physics governing the systems.

Sustainable systems and operations require allocating and utilizing resources efficiently and effectively. This approach can help asset managers decide how to sustainably allocate resources by increasing uptime and utilization for expensive equipment.

This is a novel application and case study for decision tree-based machine learning that will aid researchers in developing tools and techniques in this area as well as those working in the artificial intelligence and service management space.

This study aims to explore the integration of machine learning (ML) in tribology to optimize lubrication interval decisions, aiming to enhance equipment lifespan and operational efficiency through wear image analysis.

Using a data set of scanning electron microscopy images from an internal combustion engine, the authors used AlexNet as the feature extraction algorithm and the J48 decision tree algorithm for feature selection and compared 15 ML classifiers from the lazy-, Bayes and tree-based families.

From the analyzed ML classifiers, instance-based k-nearest neighbor emerged as the optimal algorithm with a 95% classification accuracy against testing data. This surpassed individually trained convolutional neural networks’ (CNNs) and closely approached ensemble deep learning (DL) techniques’ accuracy.

The proposed approach simplifies the process, enhances efficiency and improves interpretability compared to more complex CNNs and ensemble DL techniques.

The complexity of analysis of geotechnical behavior is due to multivariable dependencies of soil and rock responses. In order to cope with this complex behavior, traditional forms of engineering design solutions are reasonably simplified. Incorporating simplifying assumptions into the development of the traditional models may lead to very large errors. The purpose of this paper is to illustrate capabilities of promising variants of genetic programming (GP), namely linear genetic programming (LGP), gene expression programming (GEP), and multi‐expression programming (MEP) by applying them to the formulation of several complex geotechnical engineering problems.

LGP, GEP, and MEP are new variants of GP that make a clear distinction between the genotype and the phenotype of an individual. Compared with the traditional GP, the LGP, GEP, and MEP techniques are more compatible with computer architectures. This results in a significant speedup in their execution. These methods have a great ability to directly capture the knowledge contained in the experimental data without making assumptions about the underlying rules governing the system. This is one of their major advantages over most of the traditional constitutive modeling methods.

In order to demonstrate the simulation capabilities of LGP, GEP, and MEP, they were applied to the prediction of: relative crest settlement of concrete‐faced rockfill dams; slope stability; settlement around tunnels; and soil liquefaction. The results are compared with those obtained by other models presented in the literature and found to be more accurate. LGP has the best overall behavior for the analysis of the considered problems in comparison with GEP and MEP. The simple and straightforward constitutive models developed using LGP, GEP and MEP provide valuable analysis tools accessible to practicing engineers.

The LGP, GEP, and MEP approaches overcome the shortcomings of different methods previously presented in the literature for the analysis of geotechnical engineering systems. Contrary to artificial neural networks and many other soft computing tools, LGP, GEP, and MEP provide prediction equations that can readily be used for routine design practice. The constitutive models derived using these methods can efficiently be incorporated into the finite element or finite difference analyses as material models. They may also be used as a quick check on solutions developed by more time consuming and in‐depth deterministic analyses.

Taking into consideration the current human need for agricultural produce such as rice that requires water for growth, the optimal consumption of this valuable liquid is important. Unfortunately, the traditional use of water by humans for agricultural purposes contradicts the concept of optimal consumption. Therefore, designing and implementing a mechanized irrigation system is of the highest importance. This system includes hardware equipment such as liquid altimeter sensors, valves and pumps which have a failure phenomenon as an integral part, causing faults in the system. Naturally, these faults occur at probable time intervals, and the probability function with exponential distribution is used to simulate this interval. Thus, before the implementation of such high-cost systems, its evaluation is essential during the design phase.

The proposed approach included two main steps: offline and online. The offline phase included the simulation of the studied system (i.e. the irrigation system of paddy fields) and the acquisition of a data set for training machine learning algorithms such as decision trees to detect, locate (classification) and evaluate faults. In the online phase, C5.0 decision trees trained in the offline phase were used on a stream of data generated by the system.

The proposed approach is a comprehensive online component-oriented method, which is a combination of supervised machine learning methods to investigate system faults. Each of these methods is considered a component determined by the dimensions and complexity of the case study (to discover, classify and evaluate fault tolerance). These components are placed together in the form of a process framework so that the appropriate method for each component is obtained based on comparison with other machine learning methods. As a result, depending on the conditions under study, the most efficient method is selected in the components. Before the system implementation phase, its reliability is checked by evaluating the predicted faults (in the system design phase). Therefore, this approach avoids the construction of a high-risk system. Compared to existing methods, the proposed approach is more comprehensive and has greater flexibility.

By expanding the dimensions of the problem, the model verification space grows exponentially using automata.

Unlike the existing methods that only examine one or two aspects of fault analysis such as fault detection, classification and fault-tolerance evaluation, this paper proposes a comprehensive process-oriented approach that investigates all three aspects of fault analysis concurrently.

The purpose of this study is to present a large-scale real-world comparative study using pre-COVID lockdown data versus post-COVID lockdown data on predicting shipment times of therapeutic supplies in e-pharmacy supply chains and show that our proposed methodology is robust to lockdown effects.

The researchers used organic data of over 5.9 million records of therapeutic shipments, with 2.87 million records collected pre-COVID lockdown and 3.03 million records collected post-COVID lockdown. The researchers built various Machine Learning (ML) classifier models on the two datasets, namely, Random Forest (RF), Extra Trees (XRT), Decision Tree (DT), Multi-Layer Perceptron (MLP), XGBoost (XGB), CatBoost (CB), Linear Stochastic Gradient Descent (SGD) and the Linear Naïve Bayes (NB). Then, the researchers stacked these base models and built meta models on top of them. Further, the researchers performed a detailed comparison of the performances of ML models on pre-COVID lockdown and post-COVID lockdown datasets.

The proposed approach attains performance of 93.5% on real-world post-COVID lockdown data and 91.35% on real-world pre-COVID lockdown data. In contrast, the turn-around times (TAT) provided by therapeutic supply logistics providers are 62.91% accurate compared to reality in post-COVID lockdown times and 73.68% accurate compared to reality pre-COVID lockdown times. Hence, it is clear that while the TAT provided by logistics providers has deteriorated in the post-pandemic business climate, the proposed method is robust to handle pandemic lockdown effects on e-pharmacy supply chains.

The implication of the study provides a novel ML-based framework for predicting the shipment times of therapeutics, diagnostics and vaccines, and it is robust to COVID-19 lockdown effects.

E-pharmacy companies can readily adopt the proposed approach to enhance their supply chain management (SCM) capabilities and build resilience during COVID lockdown times.

The present study is one of the first to perform a large-scale real-world comparative analysis on predicting therapeutic supply shipment times in the e-pharmacy supply chain with novel ML ensemble stacking, obtaining robust results in these COVID lockdown times.

The purpose of this paper is to investigate the accuracy and volatility of different methods for estimating and updating hedonic valuation models.

The authors apply six estimation methods (linear least squares, robust regression, mixed-effects regression, random forests, gradient boosting and neural networks) and two updating methods (moving and extending windows). They use a large and rich data set consisting of over 123,000 single-family houses sold in Switzerland between 2005 and 2017.

The gradient boosting method yields the greatest accuracy, while the robust method provides the least volatile predictions. There is a clear trade-off across methods depending on whether the goal is to improve accuracy or avoid volatility. The choice between moving and extending windows has only a modest effect on the results.

This paper compares a range of linear and machine learning techniques in the context of moving or extending window scenarios that are used in practice but which have not been considered in prior research. The techniques include robust regression, which has not previously been used in this context. The data updating allows for analysis of the volatility in addition to the accuracy of predictions. The results should prove useful in improving hedonic models used by property tax assessors, mortgage underwriters, valuation firms and regulatory authorities.

This paper gives a bibliographical review of the finite element and boundary element parallel processing techniques from the theoretical and application points of view. Topics include: theory – domain decomposition/partitioning, load balancing, parallel solvers/algorithms, parallel mesh generation, adaptive methods, and visualization/graphics; applications – structural mechanics problems, dynamic problems, material/geometrical non‐linear problems, contact problems, fracture mechanics, field problems, coupled problems, sensitivity and optimization, and other problems; hardware and software environments – hardware environments, programming techniques, and software development and presentations. The bibliography at the end of this paper contains 850 references to papers, conference proceedings and theses/dissertations dealing with presented subjects that were published between 1996 and 2002.