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The ability to forecast job advertisement demands is vital to enhance the customer retention rate for recruitment companies. On top of that, it is uneconomical to cold call every individual on a regular basis for companies with a large pool of customers. This paper presents a novel approach in...
Persistent link: https://www.econbiz.de/10009483987
The ability to forecast job advertisement demands is vital to enhance the customer retention rate for recruitment companies. On top of that, it is uneconomical to cold call every individual on a regular basis for companies with a large pool of customers. This paper presents a novel approach in...
Persistent link: https://www.econbiz.de/10009484039
Prediction in financial domains is notoriously difficult for a number ofreasons. First, theories tend to be weak or non-existent, which makesproblem formulation open ended by forcing us to consider a large numberof independent variables and thereby increasing the dimensionality ofthe search...
Persistent link: https://www.econbiz.de/10009435041
similar to the new ones. The simulation results demonstrate the validity of the proposed ensemble model. …
Persistent link: https://www.econbiz.de/10009465839
The increasing awareness of data mining technology, along with the attendant increase in the capturing, warehousing, and utilization of historical data to support evidence-based decision making, is leading many organizations to recognize that the effective use of data is the key element in the...
Persistent link: https://www.econbiz.de/10009475089
In this paper, we develop a decision-theoretic frameworkfor evaluating data mining systems, which employ classification methods, in terms of their utility in decision-making. The decision-theoretic model provides an economic perspective on the value of â extracted knowledge,â in terms of its...
Persistent link: https://www.econbiz.de/10009431139
This study gives an outline of modern theory of classification and regression trees (CART) and shows the advantages of … second part of the work is mainly concentrated on DAX30 market simulation results and shows how a CART-based business …
Persistent link: https://www.econbiz.de/10009467192
repair costs were calculated using a method of decision tree and using of simulation of the most critical component lifetime … distribution of simulation inputs was based on a theoretical curve fitting the sample data. The decision tree and the simulation …
Persistent link: https://www.econbiz.de/10011315940
This paper proposes the use of an integrated information retrieval framework (IIRF) to facilitate the collection of critical information of a manufacturer’s supply network. It explores the requirements for a sustainable survival of manufacturers by aligning information among the entities...
Persistent link: https://www.econbiz.de/10009434914
Oil and gas industries archive volumes of heterogeneous data. These companies, by virtue of their diverse operations, comprise of complicated organizational structure. The nature of organizational set-up with several operational units, often results with communication barriers among operational...
Persistent link: https://www.econbiz.de/10009434920