DECISION-MAKING BASED ON MACHINE LEARNING TECHNIQUES: A CASE STUDY

被引:0
|
作者
Eboule, Patrick S. Pouabe [1 ]
Pretorius, Jan-Harm C. [1 ]
Pretorius, Leon [1 ]
机构
[1] Univ Johannesburg, Johannesburg, South Africa
来源
POLISH JOURNAL OF MANAGEMENT STUDIES | 2023年 / 28卷 / 01期
关键词
decision-making; strategic management; machine learning techniques; MANAGEMENT;
D O I
10.17512/pjms.2023.28.1.14
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Decision-making in companies is often based on the managers' personal experience. However, their consequences can have an impact on the development of the daily activities. To illustrate the managerial impact of decision-making, the biggest African power utility company based in South Africa will be analyzed. Various data such as annual productivity and energy sales were extracted over 15 years from his annual reports and two artificial neural network techniques named Levenberg-Marquardt and Scaled Conjugate Gradient used to analyze them. It emerged from the results obtained that between 2018 and 2020 the company experienced good growth which could extend until 2025 in the best-case scenario or else will drop again to reach its 2020 well-being state. Thus, the obtained results could be used to reinforce the decision-making and to determine the moment when decisions should be taken to prevent the demise of the company.
引用
收藏
页码:240 / 262
页数:23
相关论文
共 50 条
  • [31] Machine learning method to ensure robust decision-making of AVs
    Tami, Ramdane
    Soualmi, Boussaad
    Doufene, Abdelkrim
    Ibanez, Javier
    Dauwels, Justin
    [J]. 2019 IEEE INTELLIGENT TRANSPORTATION SYSTEMS CONFERENCE (ITSC), 2019, : 1217 - 1222
  • [32] Enhancing Agricultural Decision-Making: A Supervised Machine Learning Approach
    Jisnu, S.
    Dharaneesh, J. D.
    Krishneth, A.
    Lokesh, S.
    [J]. 2024 4TH INTERNATIONAL CONFERENCE ON PERVASIVE COMPUTING AND SOCIAL NETWORKING, ICPCSN 2024, 2024, : 446 - 453
  • [33] DECISION-MAKING WITH THE BOLTZMANN MACHINE
    KAM, M
    CHENG, R
    [J]. PROCEEDINGS OF THE 1989 AMERICAN CONTROL CONFERENCE, VOLS 1-3, 1989, : 902 - 907
  • [34] Making machine learning matter to clinicians: model actionability in medical decision-making
    Ehrmann, Daniel E.
    Joshi, Shalmali
    Goodfellow, Sebastian D.
    Mazwi, Mjaye L.
    Eytan, Danny
    [J]. NPJ DIGITAL MEDICINE, 2023, 6 (01)
  • [35] Integrating machine learning and decision support in tactical decision-making in rugby union
    Watson, Neil
    Hendricks, Sharief
    Stewart, Theodor
    Durbach, Ian
    [J]. JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, 2021, 72 (10) : 2274 - 2285
  • [36] Making machine learning matter to clinicians: model actionability in medical decision-making
    Daniel E. Ehrmann
    Shalmali Joshi
    Sebastian D. Goodfellow
    Mjaye L. Mazwi
    Danny Eytan
    [J]. npj Digital Medicine, 6
  • [37] Prediction of patient choice tendency in medical decision-making based on machine learning algorithm
    Lyu, Yuwen
    Xu, Qian
    Yang, Zhenchao
    Liu, Junrong
    [J]. FRONTIERS IN PUBLIC HEALTH, 2023, 11
  • [38] Machine Learning-Based Decision-Making Mechanism for Risk Assessment of Cardiovascular Disease
    Wang, Cheng
    Zhu, Haoran
    Rao, Congjun
    [J]. CMES-COMPUTER MODELING IN ENGINEERING & SCIENCES, 2024, 138 (01): : 691 - 718
  • [39] RISK ESTIMATION, MACHINE LEARNING BASED ERCP DECISION-MAKING TOOL FOR SUSPECTED CHOLEDOCHOLITHIASIS
    Akshintala, Venkata S.
    Tang, Bohao
    Kamal, Ayesha
    Buxbaum, James L.
    Elmunzer, B. Joseph
    Wani, Sachin B.
    Yu, Chung Yao
    Tieu, Alan H.
    Kalloo, Anthony N.
    Singh, Vikesh
    Caffo, Brian
    Khashab, Mouen A.
    [J]. GASTROINTESTINAL ENDOSCOPY, 2019, 89 (06) : AB246 - AB247
  • [40] Discriminability of single-trial EEG during decision-making of cooperation or aggression: a study based on machine learning
    Huang, Zhihua
    Jiang, Kun
    Li, Jing
    Zhu, Wenxing
    Zheng, Huiru
    Wang, Yiwen
    [J]. Medical and Biological Engineering and Computing, 2022, 60 (08): : 2217 - 2227