• Title/Summary/Keyword: Business Performance Prediction

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Quantum Computing Impact on SCM and Hotel Performance

  • Adhikari, Binaya;Chang, Byeong-Yun
    • International Journal of Internet, Broadcasting and Communication
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    • v.13 no.2
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    • pp.1-6
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    • 2021
  • For competitive hotel business, the hotel must have a sound prediction capability to balance the demand and supply of hospitality products. To have a sound prediction capability in the hotel, it should be prepared to be equipped with a new technology such as quantum computing. The quantum computing is a brand new cutting-edge technology. It will change hotel business and even the whole world too. Therefore, we study the impact of quantum computing on supply chain management (SCM) and hotel performance. Toward the goal we have developed the research model including six constructs: quantum (computing) prediction, communication, supplier relationship, service quality, non-financial performance, and financial performance. The result of the study shows a significant influence of quantum (computing) prediction on hotel performance through the mediating role of SCM in the hotel. Quantum prediction is highly significant in enhancing the SCM in the hotel. However, the direct effect between the quantum prediction and hotel performance is not significant. The finding indicates that hotels which would install the quantum computing technology and utilize the quantum prediction could hugely benefit from the performance improvement.

Corporate Innovation and Business Performance Prediction Using Ensemble Learning (앙상블 학습을 이용한 기업혁신과 경영성과 예측)

  • An, Kyung Min;Lee, Young Chan
    • The Journal of Information Systems
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    • v.30 no.4
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    • pp.247-275
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    • 2021
  • Purpose This study attempted to predict corporate innovation and business performance using ensemble learning. Design/methodology/approach The ensemble techniques uses weak learning to create robust learning, which combines several weak models to derive improved performance. In this study, XGboost, LightGBM, and Catboost were used among ensemble techniques. It was compared and evaluated with traditional machine learning methods. Findings The summary of the research results is as follows. First, the type of innovation is expanding from technical innovation to non-technical areas. Second, it was confirmed that LightGBM performed best for radical innovation prediction, and XGboost performed best for incremental innovation prediction. Third, Catboost performed best for firm performance prediction. Although there was no significant difference in predictive power between ensemble techniques, we found that comparative analysis was necessary to confirm better prediction performance.

Optimizing SVM Ensembles Using Genetic Algorithms in Bankruptcy Prediction

  • Kim, Myoung-Jong;Kim, Hong-Bae;Kang, Dae-Ki
    • Journal of information and communication convergence engineering
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    • v.8 no.4
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    • pp.370-376
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    • 2010
  • Ensemble learning is a method for improving the performance of classification and prediction algorithms. However, its performance can be degraded due to multicollinearity problem where multiple classifiers of an ensemble are highly correlated with. This paper proposes genetic algorithm-based optimization techniques of SVM ensemble to solve multicollinearity problem. Empirical results with bankruptcy prediction on Korea firms indicate that the proposed optimization techniques can improve the performance of SVM ensemble.

Development of Prediction Model of Financial Distress and Improvement of Prediction Performance Using Data Mining Techniques (데이터마이닝 기법을 이용한 기업부실화 예측 모델 개발과 예측 성능 향상에 관한 연구)

  • Kim, Raynghyung;Yoo, Donghee;Kim, Gunwoo
    • Information Systems Review
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    • v.18 no.2
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    • pp.173-198
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    • 2016
  • Financial distress can damage stakeholders and even lead to significant social costs. Thus, financial distress prediction is an important issue in macroeconomics. However, most existing studies on building a financial distress prediction model have only considered idiosyncratic risk factors without considering systematic risk factors. In this study, we propose a prediction model that considers both the idiosyncratic risk based on a financial ratio and the systematic risk based on a business cycle. Ultimately, we build several IT artifacts associated with financial ratio and add them to the idiosyncratic risk factors as well as address the imbalanced data problem by using an oversampling technique and synthetic minority oversampling technique (SMOTE) to ensure good performance. When considering systematic risk, our study ensures that each data set consists of both financially distressed companies and financially sound companies in each business cycle phase. We conducted several experiments that change the initial imbalanced sample ratio between the two company groups into a 1:1 sample ratio using SMOTE and compared the prediction results from the individual data set. We also predicted data sets from the subsequent business cycle phase as a test set through a built prediction model that used business contraction phase data sets, and then we compared previous prediction performance and subsequent prediction performance. Thus, our findings can provide insights into making rational decisions for stakeholders that are experiencing an economic crisis.

Soft Set Theory Oriented Forecast Combination Method for Business Failure Prediction

  • Xu, Wei;Xiao, Zhi
    • Journal of Information Processing Systems
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    • v.12 no.1
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    • pp.109-128
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    • 2016
  • This paper presents a new combined forecasting method that is guided by the soft set theory (CFBSS) to predict business failures with different sample sizes. The proposed method combines both qualitative analysis and quantitative analysis to improve forecasting performance. We considered an expert system (ES), logistic regression (LR), and support vector machine (SVM) as forecasting components whose weights are determined by the receiver operating characteristic (ROC) curve. The proposed procedure was applied to real data sets from Chinese listed firms. For performance comparison, single ES, LR, and SVM methods, the combined forecasting method based on equal weights (CFBEWs), the combined forecasting method based on neural networks (CFBNNs), and the combined forecasting method based on rough sets and the D-S theory (CFBRSDS) were also included in the empirical experiment. CFBSS obtains the highest forecasting accuracy and the second-best forecasting stability. The empirical results demonstrate the superior forecasting performance of our method in terms of accuracy and stability.

The Credit Information Feature Selection Method in Default Rate Prediction Model for Individual Businesses (개인사업자 부도율 예측 모델에서 신용정보 특성 선택 방법)

  • Hong, Dongsuk;Baek, Hanjong;Shin, Hyunjoon
    • Journal of the Korea Society for Simulation
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    • v.30 no.1
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    • pp.75-85
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    • 2021
  • In this paper, we present a deep neural network-based prediction model that processes and analyzes the corporate credit and personal credit information of individual business owners as a new method to predict the default rate of individual business more accurately. In modeling research in various fields, feature selection techniques have been actively studied as a method for improving performance, especially in predictive models including many features. In this paper, after statistical verification of macroeconomic indicators (macro variables) and credit information (micro variables), which are input variables used in the default rate prediction model, additionally, through the credit information feature selection method, the final feature set that improves prediction performance was identified. The proposed credit information feature selection method as an iterative & hybrid method that combines the filter-based and wrapper-based method builds submodels, constructs subsets by extracting important variables of the maximum performance submodels, and determines the final feature set through prediction performance analysis of the subset and the subset combined set.

A Novel Unweighted Combination Method for Business Failure Prediction Using Soft Set

  • Xu, Wei;Yang, Daoli
    • Journal of Information Processing Systems
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    • v.15 no.6
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    • pp.1489-1502
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    • 2019
  • This work introduces a novel unweighted combination method (UCSS) for business failure perdition (BFP). With considering features of BFP in the age of big data, UCSS integrates the quantitative and qualitative analysis by utilizing soft set theory (SS). We adopt the conventional expert system (ES) as the basic qualitative classifier, the logistic regression model (LR) and the support vector machine (SVM) as basic quantitative classifiers. Unlike other traditional combination methods, we employ soft set theory to integrate the results of each basic classifier without weighting. In this way, UCSS inherits the advantages of ES, LR, SVM, and SS. To verify the performance of UCSS, it is applied to real datasets. We adopt ES, LR, SVM, combination models utilizing the equal weight approach (CMEW), neural network algorithm (CMNN), rough set and D-S evidence theory (CMRD), and the receiver operating characteristic curve (ROC) and SS (CFBSS) as benchmarks. The superior performance of UCSS has been verified by the empirical experiments.

A Study on Prediction of Business Status Based on Machine Learning

  • Kim, Ki-Pyeong;Song, Seo-Won
    • Korean Journal of Artificial Intelligence
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    • v.6 no.2
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    • pp.23-27
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    • 2018
  • Korea has a high proportion of self-employment. Many of them start the food business since it does not require high-techs and it is possible to start the business relatively easily compared to many others in business categories. However, the closure rate of the business is also high due to excessive competition and market saturation. Cafés and restaurants are examples of food business where the business analysis is highly important. However, for most of the people who want to start their own business, it is difficult to conduct systematic business analysis such as trade area analysis or to find information for business analysis. Therefore, in this paper, we predicted business status with simple information using Microsoft Azure Machine Learning Studio program. Experimental results showed higher performance than the number of attributes, and it is expected that this artificial intelligence model will be helpful to those who are self-employed because it can easily predict the business status. The results showed that the overall accuracy was over 60 % and the performance was high compared to the number of attributes. If this model is used, those who prepare for self-employment who are not experts in the business analysis will be able to predict the business status of stores in Seoul with simple attributes.

Default Prediction of Automobile Credit Based on Support Vector Machine

  • Chen, Ying;Zhang, Ruirui
    • Journal of Information Processing Systems
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    • v.17 no.1
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    • pp.75-88
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    • 2021
  • Automobile credit business has developed rapidly in recent years, and corresponding default phenomena occur frequently. Credit default will bring great losses to automobile financial institutions. Therefore, the successful prediction of automobile credit default is of great significance. Firstly, the missing values are deleted, then the random forest is used for feature selection, and then the sample data are randomly grouped. Finally, six prediction models of support vector machine (SVM), random forest and k-nearest neighbor (KNN), logistic, decision tree, and artificial neural network (ANN) are constructed. The results show that these six machine learning models can be used to predict the default of automobile credit. Among these six models, the accuracy of decision tree is 0.79, which is the highest, but the comprehensive performance of SVM is the best. And random grouping can improve the efficiency of model operation to a certain extent, especially SVM.

Forecasting performance and determinants of household expenditure on fruits and vegetables using an artificial neural network model

  • Kim, Kyoung Jin;Mun, Hong Sung;Chang, Jae Bong
    • Korean Journal of Agricultural Science
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    • v.47 no.4
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    • pp.769-782
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    • 2020
  • Interest in fruit and vegetables has increased due to changes in consumer consumption patterns, socioeconomic status, and family structure. This study determined the factors influencing the demand for fruit and vegetables (strawberries, paprika, tomatoes and cherry tomatoes) using a panel of Rural Development Administration household-level purchases from 2010 to 2018 and compared the ability to the prediction performance. An artificial neural network model was constructed, linking household characteristics with final food expenditure. Comparing the analysis results of the artificial neural network with the results of the panel model showed that the artificial neural network accurately predicted the pattern of the consumer panel data rather than the fixed effect model. In addition, the prediction for strawberries was found to be heavily affected by the number of families, retail places and income, while the prediction for paprika was largely affected by income, age and retail conditions. In the case of the prediction for tomatoes, they were greatly affected by age, income and place of purchase, and the prediction for cherry tomatoes was found to be affected by age, number of families and retail conditions. Therefore, a more accurate analysis of the consumer consumption pattern was possible through the artificial neural network model, which could be used as basic data for decision making.