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  • 标题:Loss profit estimation using association rule mining with clustering
  • 本地全文:下载
  • 作者:Mandeep Mittal ; Sarla Pareek ; Reshu Agarwal
  • 期刊名称:Management Science Letters
  • 印刷版ISSN:1923-9335
  • 电子版ISSN:1923-9343
  • 出版年度:2015
  • 卷号:5
  • 期号:2
  • 页码:167-174
  • DOI:10.5267/j.msl.2015.1.004
  • 出版社:Growing Science
  • 摘要:Data mining is the technique to find hidden patterns from a very large volume of historical data. Association rule is a type of data mining that correlates one set of items or events with another set of items or events. Another data mining strategy is clustering technique. This technique is used to create partitions so that all members of each set are similar according to a specified set of metrics. Both the association rule mining and clustering helps in more effective individual and group decision making for optimal inventory control. Owing to the above facts, association rules are mined from each cluster to find frequent items and then loss profit is calculated for each frequent item. Initially, the clustering algorithm is used to partition the transactional database into different clusters. Apriori, a classic data mining algorithm is utilized for mining association rules from each cluster to find frequent items. Later the loss profit is calculated for each frequent item. The obtained loss profit is used to rank frequent items in each cluster. Thus, the ranking of frequent items in each cluster using the proposed approach greatly facilitate optimal inventory control. An example is illustrated to validate the results.
  • 关键词:Data mining; Association rule mining; Clustering; Inventory control; Loss Profit; Apriori algorithm
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