With the planning, analysis, modeling, design, implementation and maintenance (in short: the development) of such highly complex, dynamic, and integrated information systems, an attractive and at the same time challenging task for the academic discipline of business and information systems engineering BISE arises, which can secure and further develop the competitiveness of industrial enterprises.
Business Information System Muneesh Kumar Pdf 15
The manufacturing industry produces a vast amount of data every day (Chand & Davis, 2010). These data compromise various formats, for example Monitoring information from the manufacturing line, meteorological specifications, process performance, machining time, and machine tool settings, to name a few examples (Davis et al., 2015). Different countries have used unlike names for this process; for example, Germany uses Industry 4.0, the USA uses Smart Manufacturing, while in South Korea, it is known as smart Factory. The vast amount of research publications increases the massive amount of data, sometimes called Big Data (Lee et al., 2013). Such data helps to improve the process performance by giving active feedback to the machine. The extracted useful information from the Big Data helps to expand the process and product quality sustainably (Elangovan et al., 2015). However, the negative impact of such a huge amount of data will confuse or lead to a false conclusion. If the system used to manage such massive data is well-established, it is always a boon to the manufacturing industries. It can also be noted that the availability of such a reliable data system helps improve the process quality, cost reduction, understanding of the customers' expectations, and analysing business complexity and dynamics involved (Davis et al., 2015; Loyer et al., 2016).
Several ML models are developed to tackle massive data (Multivariate Statistical Methods in Quality Management xxxx). However, factors like probable over-fitting must be considered in the implementation process (Widodo & Yang, 2007). Several options are available for reducing dimensions if it ascertains to be an issue, even though it is improbable because of the influence of the algorithms used (Pham & Afify, 2005). Using ML in manufacturing can be vital in extracting outlines from available data that can estimate the possible output (Nilsson & Nilsson, 1996). This new technique could help process owners make better decisions or automatically improve the system for a better marginal profit in the business. Lastly, the objective of specific ML algorithms is to find patterns or regularities that explain relationships between the various causative parameters involved in the process. Due to the challenges of a quickly changing, complex manufacturing setting, machine learning (ML) as part of AI has the ability to understand and evolve. Hence, the developer has the freedom of analyzing without expecting the consequences of the situation. As a result, ML makes a compelling case for its implementation in manufacturing compared to other prevailing models. A significant power of ML models is that it automatically learns from and adapt to changing situations (Lu, 1990). 2ff7e9595c
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