Can artificial neural network models be used to improve the analysis of B2B marketing research data?

2019 ◽  
Vol 35 (3) ◽  
pp. 495-507
Author(s):  
R. Dale Wilson ◽  
Harriette Bettis-Outland

Purpose Artificial neural network (ANN) models, part of the discipline of machine learning and artificial intelligence, are becoming more popular in the marketing literature and in marketing practice. This paper aims to provide a series of tests between ANN models and competing predictive models. Design/methodology/approach A total of 46 pairs of models were evaluated in an objective model-building environment. Either logistic regression or multiple regression models were developed and then were compared to ANN models using the same set of input variables. Three sets of B2B data were used to test the models. Emphasis also was placed on evaluating small samples. Findings ANN models tend to generate model predictions that are more accurate or the same as logistic regression models. However, when ANN models are compared to multiple regression models, the results are mixed. For small sample sizes, the modeling results are the same as for larger samples. Research limitations/implications Like all marketing research, this application is limited by the methods and the data used to conduct the research. The findings strongly suggest that, because of their predictive accuracy, ANN models will have an important role in the future of B2B marketing research and model-building applications. Practical implications ANN models should be carefully considered for potential use in marketing research and model-building applications by B2B academics and practitioners alike. Originality/value The research contributes to the B2B marketing literature by providing a more rigorous test on ANN models using B2B data than has been conducted before.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Md Vaseem Chavhan ◽  
M. Ramesh Naidu ◽  
Hayavadana Jamakhandi

Purpose This paper aims to propose the artificial neural network (ANN) and regression models for the estimation of the thread consumption at multilayered seam assembly stitched with lock stitch 301. Design/methodology/approach In the present study, the generalized regression and neural network models are developed by considering the fabric types: woven, nonwoven and multilayer combination thereof, with basic sewing parameters: sewing thread linear density, stitch density, needle count and fabric assembly thickness. The network with feed-forward backpropagation is considered to build the ANN, and the training function trainlm of MATLAB software is used to adjust weight and basic values according to the optimization of Levenberg Marquardt. The performance of networks measured in terms of the mean squared error and the layer output is set according to the sigmoid transfer function. Findings The proposed ANN and regression model are able to predict the thread consumption with more accuracy for multilayered seam assembly. The predictability of thread consumption from available geometrical models, regression models and industrial empirical techniques are compared with proposed linear regression, quadratic regression and neural network models. The proposed quadratic regression model showed a good correlation with practical thread consumption value and more accuracy in prediction with an overall 4.3% error, as compared to other techniques for given multilayer substrates. Further, the developed ANN network showed good accuracy in the prediction of thread consumption. Originality/value The estimation of thread consumed while stitching is the prerequisite of the garment industry for inventory management especially with the introduction of the costly high-performance sewing thread. In practice, different types of fabrics are stitched at multilayer combinations at different locations of the stitched product. The ANN and regression models are developed for multilayered seam assembly of woven and nonwoven fabric blend composition for better prediction of thread consumption.


2020 ◽  
Vol 10 (2) ◽  
pp. 154-162
Author(s):  
Engin Özdemir ◽  
Didem Eren Sarici

Background: The calorific value is the most important and effective factors of lignites in terms of energy resources. Humidity, ash content, volatile matter and sulfur content are the main factors affecting lignite's calorific values. Objective: Determination of calorific value is a process that takes time and cost for businesses. Therefore, estimating the calorific value from the developed models by using other parameters will benefit enterprises in term of time, cost and labor. Method: In this study calorific values were estimated by using artificial neural network and multiple regression models by using lignite data of 30 different regions. As input parameters, humidity, ash content and volatile matter values are used. In addition, the mean absolute percentage error and the significance coefficient values were determined. Results: Mean absolute percentage error values were found to be below 10%. There is a strong relationship between calorific values and other properties (R2> 90). Conclusion: As a result, artificial neural network and multiple regression models proposed in this study was shown to successfully estimate the calorific value of lignites without performing laboratory analyses.


2019 ◽  
Vol 245 (11) ◽  
pp. 2539-2547 ◽  
Author(s):  
J. Stangierski ◽  
D. Weiss ◽  
A. Kaczmarek

Abstract The aim of the study was to compare the ability of multiple linear regression (MLR) and Artificial Neural Network (ANN) to predict the overall quality of spreadable Gouda cheese during storage at 8 °C, 20 °C and 30 °C. The ANN used five factors selected by Principal Component Analysis, which was used as input data for the ANN calculation. The datasets were divided into three subsets: a training set, a validation set, and a test set. The multiple regression models were highly significant with high determination coefficients: R2 = 0.99, 0.87 and 0.87 for 8, 20 and 30 °C, respectively, which made them a useful tool to predict quality deterioration. Simultaneously, the artificial neural networks models with determination coefficient of R2 = 0.99, 0.96 and 0.96 for 8, 20 and 30 °C, respectively were built. The models based on ANNs with higher values of determination coefficients and lower RMSE values proved to be more accurate. The best fit of the model to the experimental data was found for processed cheese stored at 8 °C.


2016 ◽  
Vol 8 (1) ◽  
Author(s):  
Lee Saro ◽  
Jeon Seong Woo ◽  
Oh Kwan-Young ◽  
Lee Moung-Jin

AbstractThe aim of this study is to predict landslide susceptibility caused using the spatial analysis by the application of a statistical methodology based on the GIS. Logistic regression models along with artificial neutral network were applied and validated to analyze landslide susceptibility in Inje, Korea. Landslide occurrence area in the study were identified based on interpretations of optical remote sensing data (Aerial photographs) followed by field surveys. A spatial database considering forest, geophysical, soil and topographic data, was built on the study area using the Geographical Information System (GIS). These factors were analysed using artificial neural network (ANN) and logistic regression models to generate a landslide susceptibility map. The study validates the landslide susceptibility map by comparing them with landslide occurrence areas. The locations of landslide occurrence were divided randomly into a training set (50%) and a test set (50%). A training set analyse the landslide susceptibility map using the artificial network along with logistic regression models, and a test set was retained to validate the prediction map. The validation results revealed that the artificial neural network model (with an accuracy of 80.10%) was better at predicting landslides than the logistic regression model (with an accuracy of 77.05%). Of the weights used in the artificial neural network model, ‘slope’ yielded the highest weight value (1.330), and ‘aspect’ yielded the lowest value (1.000). This research applied two statistical analysis methods in a GIS and compared their results. Based on the findings, we were able to derive a more effective method for analyzing landslide susceptibility.


2011 ◽  
Vol 366 ◽  
pp. 103-107 ◽  
Author(s):  
Bo Zhao

The artificial neural network and multiple regression models have been developed to predict the evenness of cotton ring yarn with process parameters such as front roller speed, spindle speed, nip gauge, back draft zone time and roving twist. The efficiencies of prediction of the two models have been experimentally verified, and the predicted evennesses of cotton ring yarns from both the models have been compared statistically. An attempt has been made to study the effect of process parameters on yarn evenness. The MSE and mean absolute error of ANN modelare lower than that of multiple regression model. The results show that the performances of prediction of ANN models are more accurate than those of multiple regression models.


Author(s):  
Sajib Saha ◽  
Fan Gu ◽  
Xue Luo ◽  
Robert L. Lytton

The resilient modulus ( MR) is a fundamental material property that has a direct effect on the design and analysis of pavement structures. Many regression models have been developed previously to predict the coefficients of the MR model from physical properties of base materials. However, the predicted model coefficients are confined to either a limited number of base materials or result in poor accuracy. To overcome this issue, a moisture- and stress-dependent model is adopted in this study to precisely estimate MR of unbound base materials in unsaturated conditions, and a set of artificial neural network (ANN) models is developed to predict the coefficients of this model from base physical properties. The developed ANN models consist of seven input variables, ten hidden neurons, and one output variable. A large unbound base dataset was collected from the Long Term Pavement Performance (LTPP) database and used to train and generalize the network. Soil physical properties such as gradation (percent passing No. 3/8 sieve, percent passing No. 200 sieve), gradation shape parameter and scale parameter, index properties (i.e., plastic limit and plasticity index), maximum dry density, optimum moisture content, and test moisture content were selected as inputs for the ANN model. The MR values estimated using the predicted coefficients were compared with the experimental data collected from LTPP and showed an R2 value above 0.9, which is much higher than the MR values computed using regression models. Finally, the MR test results from different sources were used to validate the developed ANN models.


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