Nowadays, more and more enterprises are using Enterprise Resource Planning (EPR) systems that can also be used to plan and control the development of new products. In order to obtain a project schedule, certain parameters (e.g. duration) have to be specified in an ERP system. These parameters...

Adaptive and innovative application of classical data mining principles and techniques in time series analysis has resulted in development of a concept known as time series data mining. Since the time series are present in all areas of business and scientific research, attractiveness of mining...

The paper describes an empirical analysis to understand the main drivers of economic growth in the European Union (EU) regions in the past decade. The analysis maintains the traditional factors of growth used in the literature on regional growth - stage of development, population agglomeration,...

An important strategic decision within the food industry is to achieve the optimal product portfolio allowing an organization to support its customers in the best possible way. Numerous models exist to categorize products based on their relative metrics like revenue, volume, margin or...

Analysis of public information from social media could yield interesting results and insights into the world of public opinions about almost any product, service or personality. Social network data is one of the most effective and accurate indicators of public sentiment. In this paper we have...

Today's economy is characterized by increased competition, faster product development and increased product differentiation. As a consequence product lifecycles become shorter and demand patterns become more volatile which especially affects the retail industry. This new situation imposes...

Advanced analytical techniques are gaining popularity in addressing complex classification type decision problems in many fields including healthcare and medicine. In this exemplary study, using digitized signal data, we developed predictive models employing three machine learning methods to...

The Observatorio de Costes y Financiación del Transporte Urbano Colectivo (Cost and Funding of Urban Transport Watchdog) and its annual reports on this industry provide an excellent platform to improve awareness of its cost structure, to enable benchmarking strategies/practices for companies,...

Although data mining has been successfully implemented in the business world for some time now, its use in higher education is still relatively new, i.e. its use is intended for identification and extraction of new and potentially valuable knowledge from the data. Using data mining the aim was...

Ceramic is one of the highly competitive products in Thailand. Many Thai ceramic companies are attempting to know the customer needs and perceptions for making favorite products. To know customer needs is the target of designers and to develop a product that must satisfy customers. This research...