Japan's feed self-sufficiency rate is the lowest among developed countries. The Japanese government has introduced a feed rice subsidy, a flagship agricultural policy, to address this issue. However, unlike expectations, the perceived benefit of growing feed rice is low, and about 60% of farmers...

In pharmaceutical R&D, decision makers face a large portion of uncertainty in portfolio decisions. Existing optimization tools are mostly based on expected values, ignoring uncertainty, and most often deliver a single, "best" selection of projects. A decision tree approach can aid decision...

Background: This paper explores the potential of Industry 5.0 in driving societal transition to a circular economy. We focus on the strategic role of reverse logistics in this context, underlining its significance in optimizing resource use, reducing waste, and enhancing sustainable production...

This paper is concerned with prescriptive price optimization, which integrates machine learning models into price optimization to maximize future revenues or profits of multiple items. The prescriptive price optimization requires accurate demand forecasting models because the prediction accuracy...

Predicting bankruptcy within selected industries is crucial because of the potential ripple effects and unique characteristics of those industries. It serves as a risk management tool, guiding various stakeholders in making decisions. While artificial intelligence (AI) has shown high success...

Fraudsters are now more active in their attacks on credit card transactions than ever before. With the advancement in data science and machine learning, various algorithms have been developed to determine whether a transaction is fraudulent. We study the performance of three different machine...

This article models the purchasing intention of young Indian consumers for branded smartphones by analysing their individual preferences for the different features of the smartphone. This article selects thirteen features for analysis, and the respondents are asked to rate, which are further...