Abstract-The liner of an ore grinding mill is a critical component in the grinding process, necessary for both high metal recovery and shell protection. From an economic point of view, it is important to keep mill liners in operation as long as possible, minimising the downtime for maintenance or repair. Therefore, predicting their wear is crucial. This paper tests different methods of predicting wear in the context of remaining height and remaining life of the liners. The key concern is to make decisions on replacement and maintenance without stopping the mill for extra inspection as this leads to financial savings. The paper applies linear multiple regression and artificial neural networks (ANN) techniques to determine the most suitable methodology for predicting wear. The advantages of the ANN model over the traditional approach of multiple regression analysis include its high accuracy.
Purpose
A crucial decision in financial services is how to classify credit or loan applicants into good and bad applicants. The purpose of this paper is to propose a four-stage hybrid data mining approach to support the decision-making process.
Design/methodology/approach
The approach is inspired by the bagging ensemble learning method and proposes a new voting method, namely two-level majority voting in the last stage. First some training subsets are generated. Then some different base classifiers are tuned and afterward some ensemble methods are applied to strengthen tuned classifiers. Finally, two-level majority voting schemes help the approach to achieve more accuracy.
Findings
A comparison of results shows the proposed model outperforms powerful single classifiers such as multilayer perceptron (MLP), support vector machine, logistic regression (LR). In addition, it is more accurate than ensemble learning methods such as bagging-LR or rotation forest (RF)-MLP. The model outperforms single classifiers in terms of type I and II errors; it is close to some ensemble approaches such as bagging-LR and RF-MLP but fails to outperform them in terms of type I and II errors. Moreover, majority voting in the final stage provides more reliable results.
Practical implications
The study concludes the approach would be beneficial for banks, credit card companies and other credit provider organisations.
Originality/value
A novel four stages hybrid approach inspired by bagging ensemble method proposed. Moreover the two-level majority voting in two different schemes in the last stage provides more accuracy. An integrated evaluation criterion for classification errors provides an enhanced insight for error comparisons.
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