Strategic Insights and Innovations in Prefabricated Component Obsolescence Mitigation: A Focus on SVM-Based Models
Keywords:
Prefabricated component obsolescence, Mitigation model, Machine learning regression, Support Vector Machine regressionAbstract
The research addresses prefabricated component obsolescence challenges, aiming to develop a robust mitigation model using machine learning regression, particularly Support Vector Machine (SVM) regression. The comparative study shows SVM's superiority in predicting obsolescence over other models, yet highlights interpretability and scalability improvements. Introducing SVM-based prefabricated component Obsolescence Mitigation, a specialized model, the research emphasizes domain-specific features for accurate predictions. It encourages further refinement and exploration across industries. Positioned as a valuable tool, the SVM-based model offers precise information for decision-making, potentially reducing costs and fortifying supply chains. The three-stage approach includes data collection, SVM model development, and mitigation strategy development, providing a comprehensive solution for obsolescence management. SVM's accuracy shows an increase with higher regularization factor, ranging from 0.782 at C = 0.01 to 0.907 at C = 0.1. SVM-based Prefabricated Component Obsolescence Mitigation consistently demonstrates higher accuracy, reaching 0.976 for both C values (0.01 and 0.1). The research underscores the critical role of sophisticated models in addressing prefabricated component obsolescence challenges.
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