Comparison between ANN and multiple linear regression models for prediction of warranty cost

Nowadays, warranty has its own priority in business strategy for a manufacturer to protect their benefit as well as the intense competition between the manufacturers. In fact, warranty is a contract between manufacturer and buyer in which the manufacturer gives the buyer certain assurances as the co...

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Main Authors: Mohd Faaizie, Darmawan, Nur Izzati, Jamahir, Saedudin, Rd Rohmat, Shahreen, Kasim
Format: Article
Language:English
Published: Penerbit UTHM 2018
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/29839/
http://umpir.ump.edu.my/id/eprint/29839/1/Comparison%20between%20ANN%20and%20multiple%20linear%20regression%20models.pdf
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author Mohd Faaizie, Darmawan
Nur Izzati, Jamahir
Saedudin, Rd Rohmat
Shahreen, Kasim
author_facet Mohd Faaizie, Darmawan
Nur Izzati, Jamahir
Saedudin, Rd Rohmat
Shahreen, Kasim
author_sort Mohd Faaizie, Darmawan
building UMP Institutional Repository
collection Online Access
description Nowadays, warranty has its own priority in business strategy for a manufacturer to protect their benefit as well as the intense competition between the manufacturers. In fact, warranty is a contract between manufacturer and buyer in which the manufacturer gives the buyer certain assurances as the condition of the property being sold. In industry, an accurate prediction of warranty costs is often counted by the manufacturer. Underestimation or overestimation of the warranty cost may have a high influence to the manufacturers. This paper presents a methodology to adapt historical maintenance warranty data with comparison between Artificial Neural Network (ANN) and multiple linear regression approach.
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spelling ump-298392020-11-13T02:22:13Z http://umpir.ump.edu.my/id/eprint/29839/ Comparison between ANN and multiple linear regression models for prediction of warranty cost Mohd Faaizie, Darmawan Nur Izzati, Jamahir Saedudin, Rd Rohmat Shahreen, Kasim QA75 Electronic computers. Computer science QA76 Computer software TK Electrical engineering. Electronics Nuclear engineering Nowadays, warranty has its own priority in business strategy for a manufacturer to protect their benefit as well as the intense competition between the manufacturers. In fact, warranty is a contract between manufacturer and buyer in which the manufacturer gives the buyer certain assurances as the condition of the property being sold. In industry, an accurate prediction of warranty costs is often counted by the manufacturer. Underestimation or overestimation of the warranty cost may have a high influence to the manufacturers. This paper presents a methodology to adapt historical maintenance warranty data with comparison between Artificial Neural Network (ANN) and multiple linear regression approach. Penerbit UTHM 2018-11-25 Article PeerReviewed pdf en cc_by_nc_sa_4 http://umpir.ump.edu.my/id/eprint/29839/1/Comparison%20between%20ANN%20and%20multiple%20linear%20regression%20models.pdf Mohd Faaizie, Darmawan and Nur Izzati, Jamahir and Saedudin, Rd Rohmat and Shahreen, Kasim (2018) Comparison between ANN and multiple linear regression models for prediction of warranty cost. International Journal of Integrated Engineering, 10 (6). pp. 193-196. ISSN 2229-838X (Print); 2600-7916 (Online). (Published) https://doi.org/10.30880/ijie.2018.10.06.027 https://doi.org/10.30880/ijie.2018.10.06.027
spellingShingle QA75 Electronic computers. Computer science
QA76 Computer software
TK Electrical engineering. Electronics Nuclear engineering
Mohd Faaizie, Darmawan
Nur Izzati, Jamahir
Saedudin, Rd Rohmat
Shahreen, Kasim
Comparison between ANN and multiple linear regression models for prediction of warranty cost
title Comparison between ANN and multiple linear regression models for prediction of warranty cost
title_full Comparison between ANN and multiple linear regression models for prediction of warranty cost
title_fullStr Comparison between ANN and multiple linear regression models for prediction of warranty cost
title_full_unstemmed Comparison between ANN and multiple linear regression models for prediction of warranty cost
title_short Comparison between ANN and multiple linear regression models for prediction of warranty cost
title_sort comparison between ann and multiple linear regression models for prediction of warranty cost
topic QA75 Electronic computers. Computer science
QA76 Computer software
TK Electrical engineering. Electronics Nuclear engineering
url http://umpir.ump.edu.my/id/eprint/29839/
http://umpir.ump.edu.my/id/eprint/29839/
http://umpir.ump.edu.my/id/eprint/29839/
http://umpir.ump.edu.my/id/eprint/29839/1/Comparison%20between%20ANN%20and%20multiple%20linear%20regression%20models.pdf