Does money matter in inflation forecasting?.

This paper provides the most fully comprehensive evidence to date on whether or not monetary aggregates are valuable for forecasting US inflation in the early to mid 2000s. We explore a wide range of different definitions of money, including different methods of aggregation and different collections of included monetary assets. In our forecasting experiment we use two non-linear techniques, namely, recurrent neural networks and kernel recursive least squares regression - techniques that are new to macroeconomics. Recurrent neural networks operate with potentially unbounded input memory, while the kernel regression technique is a finite memory predictor. The two methodologies compete to find the best fitting US inflation forecasting models and are then compared to forecasts from a naive random walk model. The best models were non-linear autoregressive models based on kernel methods. Our findings do not provide much support for the usefulness of monetary aggregates in forecasting inflation

Vision-based chicken meat freshness recognition system using RGB color moment features and support vector machine

Chicken meat is a highly sought-after food product among various segments of the general population, known for its high nutritional value and easy accessibility. Presently, meat identification is primarily conducted manually, relying on visual inspection or tactile assessment of the meat's color and texture. However, this approach presents several limitations, particularly when consumers lack the discernment to differentiate the quality of chicken meat freshness. This research aims to identify the freshness level of chicken meat using the Support Vector Machine method, employing the extraction of RGB color moment features to determine the freshness of the meat. The feature extraction process involves calculating the percentage of intensity values for R (Red), G (Green), and B (Blue) in each chicken meat image. Based on the image processing results, the percentage of intensity values, particularly in the R and B parameters, can be used as determining factors. The study involves software testing using fresh and non-fresh chicken meat. The developed system can identify the freshness level of fresh chicken meat with an accuracy rate of 71.6% using the linear kernel SVM and 60.5% using the RBF kernel SVM.  This research represents a significant step toward the automation of chicken meat freshness assessment, potentially reducing food waste and enhancing food safety in the food industry. Further research and development could improve the system's accuracy and expand its applications in various food quality control settings.Chicken meat is a highly sought-after food product among various segments of the general population, known for its high nutritional value and easy accessibility. Presently, meat identification is primarily conducted manually, relying on visual inspection or tactile assessment of the meat's color and texture. However, this approach presents several limitations, particularly when consumers lack the discernment to differentiate the quality of chicken meat freshness. This research aims to identify the freshness level of chicken meat using the Support Vector Machine method, employing the extraction of RGB color moment features to determine the freshness of the meat. The feature extraction process involves calculating the percentage of intensity values for R (Red), G (Green), and B (Blue) in each chicken meat image. Based on the image processing results, the percentage of intensity values, particularly in the R and B parameters, can be used as determining factors. The study involves software testing using fresh and non-fresh chicken meat. The developed system can identify the freshness level of fresh chicken meat with an accuracy rate of 71.6% using the linear kernel SVM and 60.5% using the RBF kernel SVM.  This research represents a significant step toward the automation of chicken meat freshness assessment, potentially reducing food waste and enhancing food safety in the food industry. Further research and development could improve the system's accuracy and expand its applications in various food quality control settings

A Comprehensive Survey on Enterprise Financial Risk Analysis: Problems, Methods, Spotlights and Applications

Enterprise financial risk analysis aims at predicting the enterprises' future financial risk.Due to the wide application, enterprise financial risk analysis has always been a core research issue in finance. Although there are already some valuable and impressive surveys on risk management, these surveys introduce approaches in a relatively isolated way and lack the recent advances in enterprise financial risk analysis. Due to the rapid expansion of the enterprise financial risk analysis, especially from the computer science and big data perspective, it is both necessary and challenging to comprehensively review the relevant studies. This survey attempts to connect and systematize the existing enterprise financial risk researches, as well as to summarize and interpret the mechanisms and the strategies of enterprise financial risk analysis in a comprehensive way, which may help readers have a better understanding of the current research status and ideas. This paper provides a systematic literature review of over 300 articles published on enterprise risk analysis modelling over a 50-year period, 1968 to 2022. We first introduce the formal definition of enterprise risk as well as the related concepts. Then, we categorized the representative works in terms of risk type and summarized the three aspects of risk analysis. Finally, we compared the analysis methods used to model the enterprise financial risk. Our goal is to clarify current cutting-edge research and its possible future directions to model enterprise risk, aiming to fully understand the mechanisms of enterprise risk communication and influence and its application on corporate governance, financial institution and government regulation

Decision support for build-to-order supply chain management through multiobjective optimization

This is the post-print version of the final paper published in International Journal of Production Economics. The published article is available from the link below. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. Copyright @ 2010 Elsevier B.V.This paper aims to identify the gaps in decision-making support based on multiobjective optimization (MOO) for build-to-order supply chain management (BTO-SCM). To this end, it reviews the literature available on modelling build-to-order supply chains (BTO-SC) with the focus on adopting MOO techniques as a decision support tool. The literature has been classified based on the nature of the decisions in different part of the supply chain, and the key decision areas across a typical BTO-SC are discussed in detail. Available software packages suitable for supporting decision making in BTO supply chains are also identified and their related solutions are outlined. The gap between the modelling and optimization techniques developed in the literature and the decision support needed in practice are highlighted. Future research directions to better exploit the decision support capabilities of MOO are proposed. These include: reformulation of the extant optimization models with a MOO perspective, development of decision supports for interfaces not involving manufacturers, development of scenarios around service-based objectives, development of efficient solution tools, considering the interests of each supply chain party as a separate objective to account for fair treatment of their requirements, and applying the existing methodologies on real-life data sets.Brunel Research Initiative and Enterprise Fund (BRIEF

Does money matter in inflation forecasting?

This paper provides the most fully comprehensive evidence to date on whether or not monetary aggregates are valuable for forecasting US inflation in the early to mid 2000s. We explore a wide range of different definitions of money, including different methods of aggregation and different collections of included monetary assets. In our forecasting experiment we use two non-linear techniques, namely, recurrent neural networks and kernel recursive least squares regression - techniques that are new to macroeconomics. Recurrent neural networks operate with potentially unbounded input memory, while the kernel regression technique is a finite memory predictor. The two methodologies compete to find the best fitting US inflation forecasting models and are then compared to forecasts from a naive random walk model. The best models were non-linear autoregressive models based on kernel methods. Our findings do not provide much support for the usefulness of monetary aggregates in forecasting inflation.Forecasting ; Inflation (Finance) ; Monetary theory