Statistical process control ($SPC$), an internationally recognized technique for improving product quality and productivity, has been widely employed in various industries. $SPC$ relies on the use of control charts to monitor a manufacturing process for identifying causes of process variation and signaling the necessity of corrective action for the process. Fuzzy data exist ubiquitously in the ...

There is a significant problem associated with the fuzzy time series. That is a strict increasing and decreasing case. Under the discussion case, fuzzy time series model arise a continuous increasing/decreasing forecasting value. From the illustrative example, we can see that our definition not only define the trend of the fuzzy numbers that represent the linguistic values of the linguistic var...

This article deals with the recognition of recurring multivariate time series patterns modelled sample-point-wise by parametric fuzzy sets. An efficient classification-based approach for the online recognition of incompleted developing patterns in streaming time series is being presented. Furthermore, means are introduced to enable users of the recognition system to restrict results to certain ...

In this paper, we proposed a modified turbulent particle swarm optimization (named MTPSO) method for the temperature prediction and the Taiwan Futures Exchange (TAIFEX) forecasting, based on the two-factor fuzzy time series and particle swarm optimization. The MTPSO model can be dealt with two main factors easily and accurately, which are the lengths of intervals and the content of forecast rul...

In this paper, a new approach of modeling for Artificial Neural Networks (ANNs) models based on the concepts of fuzzy regression is proposed. For this purpose, we reformulated ANN model as a fuzzy nonlinear regression model while it has advantages of both fuzzy regression and ANN models. Hence, it can be applied to uncertain, ambiguous, or complex environments due to its flexibility for forecas...

The objective of multi-site scheduling is to support the scheduling activities of a global scheduler and schedulers in distributed production plants in a cooperative way. A global schedule generated on a global level must be translated into detailed schedules as part of the local scheduling process. In case of disturbance, feedback between the local and global levels is essential. Global level ...

A manufacturing industry contributes around 10% Malaysian economy. It provides economic opportunities for related industries and business. However, the number of accidents in manufacturing sector, including fatal accidents, has been increased from time to time. To understand the real situation, in this paper, we used a correlation network analysis to analyze 43 characteristics of worker’s behav...

The Fuzzy set theory has been applied in many fields such as management, engineering and almost in every business enterprise as well as day to day activities. Ordering fuzzy numbers plays an important role in approximate reasoning, optimization, forecasting, decision making, risk analysis, controlling, scheduling and various other usages in our day to day activities. This paper describes a rank...

The motivation of this study is the research of an originally engineering field, but with important implications and applications for economics, in general and finance, in particular. Forecasting financial time series is the goal of many studies that combine concepts from various disciplines, in terms of classical theories or of the latest approaches, forming a point of great interest. Financia...