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1 – 10 of 11Lu Wang, Jiahao Zheng, Jianrong Yao and Yuangao Chen
With the rapid growth of the domestic lending industry, assessing whether the borrower of each loan is at risk of default is a pressing issue for financial institutions. Although…
Abstract
Purpose
With the rapid growth of the domestic lending industry, assessing whether the borrower of each loan is at risk of default is a pressing issue for financial institutions. Although there are some models that can handle such problems well, there are still some shortcomings in some aspects. The purpose of this paper is to improve the accuracy of credit assessment models.
Design/methodology/approach
In this paper, three different stages are used to improve the classification performance of LSTM, so that financial institutions can more accurately identify borrowers at risk of default. The first approach is to use the K-Means-SMOTE algorithm to eliminate the imbalance within the class. In the second step, ResNet is used for feature extraction, and then two-layer LSTM is used for learning to strengthen the ability of neural networks to mine and utilize deep information. Finally, the model performance is improved by using the IDWPSO algorithm for optimization when debugging the neural network.
Findings
On two unbalanced datasets (category ratios of 700:1 and 3:1 respectively), the multi-stage improved model was compared with ten other models using accuracy, precision, specificity, recall, G-measure, F-measure and the nonparametric Wilcoxon test. It was demonstrated that the multi-stage improved model showed a more significant advantage in evaluating the imbalanced credit dataset.
Originality/value
In this paper, the parameters of the ResNet-LSTM hybrid neural network, which can fully mine and utilize the deep information, are tuned by an innovative intelligent optimization algorithm to strengthen the classification performance of the model.
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Shuiqing Yang, Yusheng Zhou, Jianrong Yao, Yuangao Chen and June Wei
As retailers have increasingly embraced an omnichannel retailing strategy, explaining and predicting the helpfulness of online review should consider both online-based and…
Abstract
Purpose
As retailers have increasingly embraced an omnichannel retailing strategy, explaining and predicting the helpfulness of online review should consider both online-based and offline-based reviews. The paper aims to discuss this issue.
Design/methodology/approach
Based on the signaling theory, this study intends to examine the impacts of review-related and reviewer-related signals on review helpfulness in the context of omnichannel retailing. The proposed research model and corresponding hypotheses were tested by using negative binomial regression.
Findings
The results shown that both review-related (review rating and review sentiment strength) and reviewer-related (reviewer real name and reviewer expertise) signals positively affect review helpfulness. Contrary to the authors’ expectations, review length negatively affects review helpfulness. Specifically, when the review submitted from an omnichannel retailer’s offline channel, the positive impacts of reviewer real name on review helpfulness will be stronger, and the positive impacts of reviewer expertise on review helpfulness will be weaker.
Originality/value
Unlike many previous studies tend to explore the antecedents of review helpfulness in a single-channel setting, the study examined the factors that affect review helpfulness in an omnichannel retailing context.
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Keywords
Zhenyu Liu, Zhang Nan, Chan Qiu, Jianrong Tan, Jingsong Zhou and Yao Yao
The purpose of this paper is to apply firework optimization algorithm to optimize multi-matching selective assembly problem with non-normal dimensional distribution.
Abstract
Purpose
The purpose of this paper is to apply firework optimization algorithm to optimize multi-matching selective assembly problem with non-normal dimensional distribution.
Design/methodology/approach
In this paper, a multi-matching selective assembly approach based on discrete fireworks optimization (DFWO) algorithm is proposed to find the optimal combination of mating parts. The approach introduces new operator with the way of 3-opt and also uses a stochastic selection strategy, combines the discrete selective assembly problem with firework optimization algorithm properly and finds the best combination scheme of mating parts with non-normal dimensional distributions through powerful global search capability of the firework optimization algorithm.
Findings
The effects of different control parameters, including the number of initial fireworks and the coefficient controlling the total number of sparks generated by the fireworks on the evolution performance, are discussed, and a promising higher performance of the proposed selective assembly approach is verified through comparison with other selective assembly methods.
Practical implications
The best combination of mating parts is realized through the proposed selective assembly approach, and workers can select suitable mating parts under the guidance of the combination to increase the assembly efficiency and reduce the amount of surplus parts.
Originality/value
A DFWO algorithm is first designed to combine with multi-matching selective assembly method. For the case of an assembly product, the specific mapping rule and key technologies of DFWO algorithm are proposed.
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Keywords
Yicong Gao, Chuan He, Bing Zheng, Hao Zheng and Jianrong Tan
Complexity is the main challenge for present and future manufacturers. Assembly complexity heavily affects a product’s final quality in the fully automated assembly system. This…
Abstract
Purpose
Complexity is the main challenge for present and future manufacturers. Assembly complexity heavily affects a product’s final quality in the fully automated assembly system. This paper aims to propose a new method to assess the complexity of modern automated assembly system at the assembly design stage with respect to the characteristics of both manufacturing system and each single component to be mounted. Aiming at validating the predictive model, a regression model is additionally presented to estimate the statistic relationship between the real assembly defect rate and predicted complexity of the fully automated assembly system.
Design/methodology/approach
The research herein extends the S. N. Samy and H. A. ElMaraghy’s model and seeks to redefine the predictive model using fuzzy evaluation against a fully automated assembly process at the assembly design stages. As the evaluation based on the deterministic scale with accurate crisp number can hardly reflect the uncertainty of the judgement, fuzzy linguistic variables are used to measure the interaction among influence factors. A dependency matrix is proposed to estimate the assembly complexity with respect to the interactions between mechanic design, electric design and process factors and main functions of assembly system. Furthermore, a complexity attributes matrix of single part is presented, to map the relationship between all individual parts to be mounted and three major factors mentioned in the dependency matrix.
Findings
The new proposed model presents a formal quantification to predict assembly complexity. It clarifies that how the attributes of assembly system and product components complicate the assembly process and in turn influence the manufacturing performance. A center bolt valve in the camshaft of continue variable valve timing is used to demonstrate the application of the developed methodology in this study.
Originality/value
This paper presents a developed method, which can be used to improve the design solution of assembly concept and optimize the process flow with the least complexity.
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Zhengxin Tu, Jinghua Xu, Shuyou Zhang and Jianrong Tan
A biomechanical design method of lightweight full contacted insole based on structural anisotropy bespoke (SAB) is proposed, which can better redistribute the stress distribution…
Abstract
Purpose
A biomechanical design method of lightweight full contacted insole based on structural anisotropy bespoke (SAB) is proposed, which can better redistribute the stress distribution of SAB designed personalized insole.
Design/methodology/approach
The reconstructed joint biomechanics are simulated using finite element analysis (FEA) to develop a lightweight full contact insole. Innovatively, the anisotropic properties of the triply periodic minimal surface (TPMS) structure, which contribute to reducing insole weight, are considered to optimize stress distribution. Additionally, porosity and manufacturing time are included as design objectives. To validate the lightweight insole design, FEA is employed to simulate the stress distribution of the ergonomic insole, which can be fabricated by additive manufacturing (AM) with TPU.
Findings
With a little 0.924% loss in porosity, the maximum stress of lightweight SAB designed insoles is extremely decreased by 19.2917%.
Originality/value
The biomechanical design of the lightweight full contact insole based on SAB can effectively redistribute stress, avoid stress concentration and improve the mechanical properties of the ergonomic individual insole.
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Keywords
Sifeng Liu, Yong Tao, Naiming Xie, Liangyan Tao and Mingli Hu
The purpose of this paper is to summarize the advances in grey system theory research and various application achievements in science and engineering. At the same time, it…
Abstract
Purpose
The purpose of this paper is to summarize the advances in grey system theory research and various application achievements in science and engineering. At the same time, it commemorates the 40th anniversary of the birth of grey system theory and the 10th anniversary of Grey Systems–Theory and Application.
Design/methodology/approach
Firstly, the innovations of theoretical research in grey system theory were summarized and some of the widely recognized new results are briefly described. By searching and combing the research results of grey system theory in China national knowledge infrastructure (CNKI) database and Web of Science by Institute for Scientific Information (ISI), this paper shows the rapid development trend of grey system theory in the past 40 years, and the successful applications of grey system theory in the fields of social sciences, natural sciences and engineering technologies.
Findings
More than 227 thousands literature were found by input 10 phrases such as grey system, grey number and sequence operator etc. in CNKI database. After entering the new century, the number of grey system papers included in CNKI database is increasing rapidly. Since 2008, more than 10 thousands papers have been included per year and more than 15 thousands papers have been included per year since 2014. Grey system method and model are widely used in physics, chemistry, biology and other fields of natural science, as well as transportation, electric power, machinery and other fields of engineering technology, and a large number of valuable results have been achieved.
Practical implications
It can be seen that the grey system theory plays an important role in promoting China’s scientific and technological progress, innovation and development and high-level talent training from tens of thousands of literatures marked with important national science and technology projects and a large number of grey system literatures published by China’s double first-class universities and double first-class discipline construction universities.
Originality/value
Both innovations of theoretical research and practical application play important role in the growth of new theory. The innovations of theoretical research provide methods and tools for practical application, which is conducive to improve application efficiency and broaden application fields. A large number of practical applications needs have become the source of theoretical innovation and the solid background for the birth of theoretical innovation achievements.
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Caiyun Sun and Li Shi
The purpose of this paper is to evaluate doctoral candidates’ innovative ability tendency.
Abstract
Purpose
The purpose of this paper is to evaluate doctoral candidates’ innovative ability tendency.
Design/methodology/approach
This study uses the theory of gray target contribution to analyze the influence degree of doctoral candidates’ individual personality factor toward their innovative ability and calculate gray impact quantitative values.
Findings
Based on the theory of contribution degree of gray target, a nine-factor model of innovative personality of doctoral candidates is built. IP=f (B, H, G, Q1, Q2, A, I, F, O), (therein: B – intelligence, H – social boldness, G – perseverance, Q1 – experimental, Q2 – independence, A – gregariousness, I – sensibility, F – excitability, O – anxiety).
Practical implications
This study based on gray target contribution theory builds nine-factor doctoral candidates’ innovative personality model to test the innovative ability tendency of doctoral candidates, which makes cultivating units, mentors and doctoral candidates to know their innovative ability tendency well, perfecting their own knowledge structure in time, effectively improving their innovative ability. The system can also be applied to the work of doctoral candidates as a reference tool to evaluate the innovative ability of applicants.
Originality/value
This study quantitatively evaluates the influence of doctoral candidates’ personality index on the tendency of doctoral candidates’ innovative ability.
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Keywords
Christopher Igwe Idumah, Raphael Stone Odera and Emmanuel Obumneme Ezeani
Nanotechnology (NT) advancements in personal protective textiles (PPT) or personal protective equipment (PPE) have alleviated spread and transmission of this highly contagious…
Abstract
Purpose
Nanotechnology (NT) advancements in personal protective textiles (PPT) or personal protective equipment (PPE) have alleviated spread and transmission of this highly contagious viral disease, and enabled enhancement of PPE, thereby fortifying antiviral behavior.
Design/methodology/approach
Review of a series of state of the art research papers on the subject matter.
Findings
This paper expounds on novel nanotechnological advancements in polymeric textile composites, emerging applications and fight against COVID-19 pandemic.
Research limitations/implications
As a panacea to “public droplet prevention,” textiles have proven to be potentially effective as environmental droplet barriers (EDBs).
Practical implications
PPT in form of healthcare materials including surgical face masks (SFMs), gloves, goggles, respirators, gowns, uniforms, scrub-suits and other apparels play critical role in hindering the spreading of COVID-19 and other “oral-respiratory droplet contamination” both within and outside hospitals.
Social implications
When used as double-layers, textiles display effectiveness as SFMs or surgical-fabrics, which reduces droplet transmission to <10 cm, within circumference of ∼0.3%.
Originality/value
NT advancements in textiles through nanoparticles, and sensor integration within textile materials have enhanced versatile sensory capabilities, robotics, flame retardancy, self-cleaning, electrical conductivity, flexibility and comfort, thereby availing it for health, medical, sporting, advanced engineering, pharmaceuticals, aerospace, military, automobile, food and agricultural applications, and more. Therefore, this paper expounds on recently emerging trends in nanotechnological influence in textiles for engineering and fight against COVID-19 pandemic.
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Zhengzhou Zhang and Didier Caluwaerts
In spite of unprecedented levels of social, economic and political development, Chinese politics is characterized by increasingly salient social contradictions, conflicts and even…
Abstract
Purpose
In spite of unprecedented levels of social, economic and political development, Chinese politics is characterized by increasingly salient social contradictions, conflicts and even protests. As for the various measures taken by all levels of governments to maintain social stability in changing times, the effect is not obvious, and all kinds of social conflicts are still on the rise. The purpose of this paper is to find out the relationship between political elites and social conflicts and give advice on the adjustment of the governance mode of social conflicts in current China.
Design/methodology/approach
This paper attempts to conduct a detailed analysis of the case of Tang Hui re-education through labour to explore how social conflicts arise, upgrade and dissolve within the intention of political elites to maintain social stability in current China.
Findings
Political elites who are subject to the pressure of maintaining social stability cannot rely on public interests and civil rights as the full justification for their actions. Above all, they must place social stability first. In this sense, political elites are constructing the network of maintaining social stability and shaping social protests. Social elites use the media or the internet platform to exert public opinion influence and try to push social protests to final solutions. In this way, social elites deconstruct political elites’ network of maintaining social stability. However, the forces that enable social conflicts and protests to be resolved remain to be the network of maintaining social stability itself.
Originality/value
The case of Tang Hui re-education through labour is believed to have hastened the abolition of the system of re-education through labour. As it completely interprets the whole process of the generation, evolution and resolution of social conflicts in current China, this typical case can be considered as an ideal lens through which we can see the unique relationship between political elites and social conflicts, as well as the governance mode of social conflicts in current China.
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