Process Capability Analysis of Prediction Data of ML Algorithms

This study integrates process capability analysis with Machine Learning (ML) methods to optimize business processes. ML, especially Random Forest (RF) and k-nearest neighbor (kNN) algorithms, has enabled the practical analysis of large data sets by using them together with process capability analysis. This integration enabled real-time monitoring and predictive analytics, enabling the proactive identification of process variations and the making of timely adjustments to maintain or increase process capability. Additionally, ML algorithms have helped optimize process parameters and identify critical factors affecting process performance, allowing for continuous improvement and achieving desired quality standards with greater efficiency. In conclusion, this study provides the basis for the synergy between process capability analysis and ML methods to enable businesses to achieve higher levels of quality control, productivity, and competitiveness in dynamic and complex production environments.

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Publication Details

Journal
Ekonomi İşletme ve Maliye Araştırmaları Dergisi
Published
2024-08-23
DOI
https://doi.org/10.38009/ekimad.1519608
Citations
2
Primary Topic
Advanced Statistical Process Monitoring
Type
article
Field-Weighted Citation Impact
0.92
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article

Process Capability Analysis of Prediction Data of ML Algorithms

Abdülkadir Atalan, Tuğçe Altuntaş
2 citations
Ekonomi İşletme ve Maliye Araştırmaları Dergisi
Advanced Statistical Process Monitoring
0.92
article

Process Capability Analysis of Prediction Data of ML Algorithms

Abdülkadir Atalan, Tuğçe Altuntaş
article en
2 citations

Abstract

This study integrates process capability analysis with Machine Learning (ML) methods to optimize business processes. ML, especially Random Forest (RF) and k-nearest neighbor (kNN) algorithms, has enabled the practical analysis of large data sets by using them together with process capability analysis. This integration enabled real-time monitoring and predictive analytics, enabling the proactive identification of process variations and the making of timely adjustments to maintain or increase process capability. Additionally, ML algorithms have helped optimize process parameters and identify critical factors affecting process performance, allowing for continuous improvement and achieving desired quality standards with greater efficiency. In conclusion, this study provides the basis for the synergy between process capability analysis and ML methods to enable businesses to achieve higher levels of quality control, productivity, and competitiveness in dynamic and complex production environments.

Ekonomi İşletme ve Maliye Araştırmaları DergisiVol. 6(2)
Çanakkale Onsekiz Mart Üniversitesi (TR)
Decent work and economic growth
Openalex Percentile: Top 21%
Advanced Statistical Process Monitoring
0.92
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