skip to main content
10.1145/1644993.1645047acmotherconferencesArticle/Chapter ViewAbstractPublication PagesichitConference Proceedingsconference-collections
research-article

Evolving fuzzy case-based reasoning in wholesaler's returning book forecasting

Authors Info & Claims
Published:27 August 2009Publication History

ABSTRACT

This paper proposes a hybrid system that is developed by evolving Fuzzy Case-Based Reasoning (FCBR) with Genetic Algorithm (GA), for reverse sales forecasting of returning books. FCBR systems have been successfully applied in several domains of artificial intelligence. However, in conventional FCBR method each factor has the same weight which means each one has the same influence on the output data that does not reflect the practical situation. In order to enhance the efficiency and capability of forecasting in FCBR systems, we connected the GAs method to adjust the weights of factors in FCBR systems, GAFCBR for short. The case base of this research is acquired from a book wholesaler in Taiwan, and it is applied by the hybrid system to forecast returning books. The results of the prediction of the hybrid system were compared with the results of a back propagation neural network (BPNN), a conventional CBR, and a multiple-regression analysis method. The experimental results show that the GAFCBR is more accurate and efficient when being applied to the forecast of the returning books than other methods.

References

  1. Aamodt, A. and Plaza, E., "Case-based reasoning: foundational issues, methodological variations, and system approaches", Artificial Intelligence Communication, 7(1) (1994) 39--59. Google ScholarGoogle ScholarDigital LibraryDigital Library
  2. Baba, N. and Kozaki, M., "An Intelligent forecasting system of stock price using neural networks", Proceedings of the International Joint Conference on Neural Networks, 1 (1992) 371--377.Google ScholarGoogle ScholarCross RefCross Ref
  3. Chambers, J. C., Mullick, S. K. and Smith, D. D., "How to choose the right forecasting technique," Harvard Business Review, 49 (1971) 45--79.Google ScholarGoogle Scholar
  4. Chang, P. C. and Lai, C. Y., "A Hybrid System Combining Self-Organizing Maps with Case-Based Reasoning in Wholesaler's New-release Book Forecasting", Expert Systems with Applications, 29(1) (2005) 183--192. Google ScholarGoogle ScholarDigital LibraryDigital Library
  5. Chang, P. C. and Lai, K. R., "Combining SOM and Fuzzy-Rule Base for Sale Forecasting in Printed Circuit Board Industry", J. Wang, X. Liao, and Z. Yi (Eds.): ISNN, LNCS 3498 (2005) 947--954. Google ScholarGoogle ScholarDigital LibraryDigital Library
  6. Chang, P. C., Wang, Y. W. and Tsai, C. Y., "Evolving Neural Network for Printed Circuit Board Sales", Expert Systems with Applications, 29(1) (2005) 83--92. Google ScholarGoogle ScholarDigital LibraryDigital Library
  7. Chase, C. W., "Ways to improve sales forecasts", Journal of Business Forecasting. 12(3) (1993) 15--17.Google ScholarGoogle Scholar
  8. Cielen, A., Peeters, L. and Vanhoof, K., "Bankruptcy prediction using a data envelopment analysis", European Journal of Operational Research, 154 (2004) 526--532.Google ScholarGoogle ScholarCross RefCross Ref
  9. Fliedner, E. B. and Lawrence, B., "Forecasting system parent group formation: An empirical application of cluster analysis", Journal of Operations Management. 12 (1995) 119--130.Google ScholarGoogle ScholarCross RefCross Ref
  10. Florance, M. M. and Sawicz, M. S., "Positioning sales forecasting for better results", Journal of Business Forecasting. 12(4) (1993) 27--28.Google ScholarGoogle Scholar
  11. Jo, H. and Han, I., "Integration of Case-based forecasting, Neural network, and Discriminant analysis for bankruptcy prediction", Expert System with Application. 11(4) (1996) 415--422.Google ScholarGoogle ScholarCross RefCross Ref
  12. Krolzig, H. M and J. Toro, "Multiperiod forecasting in stock markets: a paradox solved", Decision Support Systems, 37 (2004) 531--542. Google ScholarGoogle ScholarDigital LibraryDigital Library
  13. Kuo, R. J. and Xue, K. C., "A Decision Support System for sales forecasting through fuzzy neural networks with asymmetric fuzzy weights", Decision Support Systems, 24 (1998) 105--126. Google ScholarGoogle ScholarDigital LibraryDigital Library
  14. Kuo, R. J., Wu, P. and Wang, C. P., "An intelligent sales forecasting system through integration of artificial neural networks and fuzzy neural networks with fuzzy weight elimination", Neural Networks, 15 (2002) 909--925. Google ScholarGoogle ScholarDigital LibraryDigital Library
  15. Leigh, W., Purvis, R. and Ragusa, J. M., "Forecasting the NYSE composite index with technical analysis, Pattern Recognizer, Neural Network, and Genetic Algorithm: A case study in romantic decision support", Decision Support Systems, 32(2002) 361--377. Google ScholarGoogle ScholarDigital LibraryDigital Library
  16. Mair, C., Kadoda, G., Lefley, M., Phalp, K., Schoield, C., Shepperd, M. and Webster, S., "An investigation of machine learning based prediction systems", The Journal of Systems and Software, 53 (2000) 23--29. Google ScholarGoogle ScholarDigital LibraryDigital Library
  17. Rice, G. and Mahmoud, E., "Political Risk\Forecasting by Canadian", International Journal of Business Forecasting, 6 (1990) 89--120.Google ScholarGoogle ScholarCross RefCross Ref
  18. Schank, R. and Abelson, R. (eds.), "Scripts, Plans, Goals and Understanding", Lawrence Erlbaum Associates, Hillsdale, NJ (1977).Google ScholarGoogle Scholar
  19. Schank, R.: Dynamic Memory, "A Theory of Reminding and Learning in Computers and People", Cambridge University Press, New York (1982). Google ScholarGoogle ScholarDigital LibraryDigital Library
  20. Tan, K. C., Lim, M. H., Yao, X., and Wang, L. P. (Eds.), "Recent Advances in Simulated Evolution and Learning", World Scientific, Singapore (2004).Google ScholarGoogle Scholar
  21. Wang, X., Phua, P. K. H. and Lin, W., "Stock market prediction using neural networks: does trading volume help in short-term prediction?", Proceedings of the International Joint Conference. 4 (2003) 2438--2442.Google ScholarGoogle Scholar
  22. Watson, I., "Applying Case-Based Reasoning: Techniques for Enterprise Systems", Morgan Kaufmann Publisher Inc., San Francisco (1997). Google ScholarGoogle ScholarDigital LibraryDigital Library
  23. Watson, I. and Marir, F., "Case-based reasoning: A review", Knowledge Engineering Review. 9(4) (1994).Google ScholarGoogle ScholarCross RefCross Ref
  24. Yao, X., "Evolutionary Computation: Theory and Applications", World Scientific, Singapore (1999)Google ScholarGoogle Scholar

Index Terms

  1. Evolving fuzzy case-based reasoning in wholesaler's returning book forecasting

        Recommendations

        Comments

        Login options

        Check if you have access through your login credentials or your institution to get full access on this article.

        Sign in
        • Published in

          cover image ACM Other conferences
          ICHIT '09: Proceedings of the 2009 International Conference on Hybrid Information Technology
          August 2009
          687 pages
          ISBN:9781605586625
          DOI:10.1145/1644993

          Copyright © 2009 ACM

          Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

          Publisher

          Association for Computing Machinery

          New York, NY, United States

          Publication History

          • Published: 27 August 2009

          Permissions

          Request permissions about this article.

          Request Permissions

          Check for updates

          Qualifiers

          • research-article
        • Article Metrics

          • Downloads (Last 12 months)0
          • Downloads (Last 6 weeks)0

          Other Metrics

        PDF Format

        View or Download as a PDF file.

        PDF

        eReader

        View online with eReader.

        eReader