Strategic Implementation of Artificial Intelligence and Machine Learning in the Pharmaceutical Sector: A Dual Hesitant Fuzzy Group Decision Making Approach

The pharmaceutical industry is regarded as one of the leading industries in Bangladesh. Further developments and sustainability can be offered through the integration of Artificial Intelligence (AI) and Machine Learning (ML) in this industry as vast amounts of data can quickly be processed and analyzed with accuracy by AI which is crucial for drug discovery, and quality improvement of medicines within minimal costs. However, successful AI implementation requires strategic planning based on various factors. In this study, eight major strategies were proposed to implement and integrate AI and machine learning and also assessed based on eight criteria related to artificial intelligence and machine learning. Feedbacks were taken from eight industry experts as Dual Hesitant Fuzzy Elements (DHFEs) to build the strategy versus criteria matrices. The feedbacks were then aggregated by using a group decision making method: Dual Hesitant Fuzzy Heronian Mean (DHFHM). The scores of those aggregated DHFEs belonging to each criterion were determined and the scores of all criteria under a strategy were summed up to find the ultimate score of that corresponding strategy. The strategies were then ranked based on their scores. Finally, the robustness of the result obtained from DHFHM, sensitivity analysis was conducted by changing the values of parameters and it was found that similar results with negligible deviation were generated by the operator and through this the proposed model was proven to be validated.

Authors

Institutions

Publication Details

Published
2024-12-21
DOI
https://doi.org/10.46254/ba07.20240185
Citations
1
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.53
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Strategic Implementation of Artificial Intelligence and Machine Learning in the Pharmaceutical Sector: A Dual Hesitant Fuzzy Group Decision Making Approach

Md. Ashaduzzaman, Md. Mohibul Islam, Atif Abrar Biswas, Shakil Ahmed Khan et al.
1 citations
Big Data and Business Intelligence
0.53
article

Strategic Implementation of Artificial Intelligence and Machine Learning in the Pharmaceutical Sector: A Dual Hesitant Fuzzy Group Decision Making Approach

Md. Ashaduzzaman, Md. Mohibul Islam, Atif Abrar Biswas, Shakil Ahmed Khan, Nahiyan Ishmam Nawar
article en
1 citations

Abstract

The pharmaceutical industry is regarded as one of the leading industries in Bangladesh. Further developments and sustainability can be offered through the integration of Artificial Intelligence (AI) and Machine Learning (ML) in this industry as vast amounts of data can quickly be processed and analyzed with accuracy by AI which is crucial for drug discovery, and quality improvement of medicines within minimal costs. However, successful AI implementation requires strategic planning based on various factors. In this study, eight major strategies were proposed to implement and integrate AI and machine learning and also assessed based on eight criteria related to artificial intelligence and machine learning. Feedbacks were taken from eight industry experts as Dual Hesitant Fuzzy Elements (DHFEs) to build the strategy versus criteria matrices. The feedbacks were then aggregated by using a group decision making method: Dual Hesitant Fuzzy Heronian Mean (DHFHM). The scores of those aggregated DHFEs belonging to each criterion were determined and the scores of all criteria under a strategy were summed up to find the ultimate score of that corresponding strategy. The strategies were then ranked based on their scores. Finally, the robustness of the result obtained from DHFHM, sensitivity analysis was conducted by changing the values of parameters and it was found that similar results with negligible deviation were generated by the operator and through this the proposed model was proven to be validated.

Rajshahi University of Engineering and Technology (BD), University of Rajshahi (BD)
Peace, Justice and strong institutions
Openalex Percentile: Top 21%
Big Data and Business Intelligence
0.53
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Strategic Implementation of Artificial Intelligence and Machine Learning in the Pharmaceutical Sector: A Dual Hesitant Fuzzy Group Decision Making Approach — Md. Ashaduzzaman, Md. Mohibul Islam, et al. · (2024) | TGRS Research Map | TGRS