Conceptual cost estimation of building projects with regression analysis and neural networks

2004 ◽  
Vol 31 (4) ◽  
pp. 677-683 ◽  
Author(s):  
Rifat Sonmez

Conceptual cost estimates play a crucial role in initial project decisions, although scope is not finalized and very limited design information is available during early project stages. In this paper, the advantages and disadvantages of the current conceptual cost estimation methods are discussed and the use of regression, neural network, and range estimation techniques for conceptual cost estimation of building projects are presented. Historical cost data of continuing care retirement community projects were compiled to develop regression and neural network models. Three linear regression models were considered to identify the significant variables affecting project cost. Two neural network models were developed to examine the possible need for nonlinear or interaction terms in the regression model. Prediction intervals were constructed for the regression model to quantify the level of uncertainty for the estimates. Advantages of simultaneous use of regression analysis, neural networks, and range estimation for conceptual cost estimating are discussed.Key words: conceptual cost estimation, regression analysis, neural networks, range estimation.

2007 ◽  
Vol 2007 ◽  
pp. 1-14 ◽  
Author(s):  
Muammer Nalbant ◽  
Hasan Gokkaya ◽  
İhsan Toktaş

Surface roughness, an indicator of surface quality, is one of the most specified customer requirements in machining of parts. In this study, the experimental results corresponding to the effects of different insert nose radii of cutting tools (0.4, 0.8, 1.2 mm), various depth of cuts (0.75, 1.25, 1.75, 2.25, 2.75 mm), and different feedrates (100, 130, 160, 190, 220 mm/min) on the surface quality of the AISI 1030 steel workpieces have been investigated using multiple regression analysis and artificial neural networks (ANN). Regression analysis and neural network-based models used for the prediction of surface roughness were compared for various cutting conditions in turning. The data set obtained from the measurements of surface roughness was employed to and tests the neural network model. The trained neural network models were used in predicting surface roughness for cutting conditions. A comparison of neural network models with regression model was carried out. Coefficient of determination was 0.98 in multiple regression model. The scaled conjugate gradient (SCG) model with 9 neurons in hidden layer has produced absolute fraction of variance(R2)values of 0.999 for the training data, and 0.998 for the test data. Predictive neural network model showed better predictions than various regression models for surface roughness. However, both methods can be used for the prediction of surface roughness in turning.


2018 ◽  
Vol 6 (11) ◽  
pp. 216-216 ◽  
Author(s):  
Zhongheng Zhang ◽  
◽  
Marcus W. Beck ◽  
David A. Winkler ◽  
Bin Huang ◽  
...  

2021 ◽  
Vol 1 (1) ◽  
pp. 19-29
Author(s):  
Zhe Chu ◽  
Mengkai Hu ◽  
Xiangyu Chen

Recently, deep learning has been successfully applied to robotic grasp detection. Based on convolutional neural networks (CNNs), there have been lots of end-to-end detection approaches. But end-to-end approaches have strict requirements for the dataset used for training the neural network models and it’s hard to achieve in practical use. Therefore, we proposed a two-stage approach using particle swarm optimizer (PSO) candidate estimator and CNN to detect the most likely grasp. Our approach achieved an accuracy of 92.8% on the Cornell Grasp Dataset, which leaped into the front ranks of the existing approaches and is able to run at real-time speeds. After a small change of the approach, we can predict multiple grasps per object in the meantime so that an object can be grasped in a variety of ways.


10.14311/1121 ◽  
2009 ◽  
Vol 49 (2) ◽  
Author(s):  
M. Chvalina

This article analyses the existing possibilities for using Standard Statistical Methods and Artificial Intelligence Methods for a short-term forecast and simulation of demand in the field of telecommunications. The most widespread methods are based on Time Series Analysis. Nowadays, approaches based on Artificial Intelligence Methods, including Neural Networks, are booming. Separate approaches will be used in the study of Demand Modelling in Telecommunications, and the results of these models will be compared with actual guaranteed values. Then we will examine the quality of Neural Network models. 


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.


Author(s):  
Ming Zhang

Real world financial data is often discontinuous and non-smooth. Accuracy will be a problem, if we attempt to use neural networks to simulate such functions. Neural network group models can perform this function with more accuracy. Both Polynomial Higher Order Neural Network Group (PHONNG) and Trigonometric polynomial Higher Order Neural Network Group (THONNG) models are studied in this chapter. These PHONNG and THONNG models are open box, convergent models capable of approximating any kind of piecewise continuous function to any degree of accuracy. Moreover, they are capable of handling higher frequency, higher order nonlinear, and discontinuous data. Results obtained using Polynomial Higher Order Neural Network Group and Trigonometric polynomial Higher Order Neural Network Group financial simulators are presented, which confirm that PHONNG and THONNG group models converge without difficulty, and are considerably more accurate (0.7542% - 1.0715%) than neural network models such as using Polynomial Higher Order Neural Network (PHONN) and Trigonometric polynomial Higher Order Neural Network (THONN) models.


Author(s):  
Joarder Kamruzzaman ◽  
Ruhul Sarker

The primary aim of this chapter is to present an overview of the artificial neural network basics and operation, architectures, and the major algorithms used for training the neural network models. As can be seen in subsequent chapters, neural networks have made many useful contributions to solve theoretical and practical problems in finance and manufacturing areas. The secondary aim here is therefore to provide a brief review of artificial neural network applications in finance and manufacturing areas.


This chapter develops two new nonlinear artificial higher order neural network models. They are sine and sine higher order neural networks (SIN-HONN) and cosine and cosine higher order neural networks (COS-HONN). Financial data prediction using SIN-HONN and COS-HONN models are tested. Results show that SIN-HONN and COS-HONN models are good models for some sine feature only or cosine feature only financial data simulation and prediction compared with polynomial higher order neural network (PHONN) and trigonometric higher order neural network (THONN) models.


Healthcare ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 181 ◽  
Author(s):  
Patricia Melin ◽  
Julio Cesar Monica ◽  
Daniela Sanchez ◽  
Oscar Castillo

In this paper, a multiple ensemble neural network model with fuzzy response aggregation for the COVID-19 time series is presented. Ensemble neural networks are composed of a set of modules, which are used to produce several predictions under different conditions. The modules are simple neural networks. Fuzzy logic is then used to aggregate the responses of several predictor modules, in this way, improving the final prediction by combining the outputs of the modules in an intelligent way. Fuzzy logic handles the uncertainty in the process of making a final decision about the prediction. The complete model was tested for the case of predicting the COVID-19 time series in Mexico, at the level of the states and the whole country. The simulation results of the multiple ensemble neural network models with fuzzy response integration show very good predicted values in the validation data set. In fact, the prediction errors of the multiple ensemble neural networks are significantly lower than using traditional monolithic neural networks, in this way showing the advantages of the proposed approach.


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