A Novel Approach for Data-Driven Automatic Site Recommendation and Selection
August 03, 2016 Β· Declared Dead Β· π arXiv.org
"No code URL or promise found in abstract"
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Authors
Sebastian Baumbach, Frank Wittich, Florian Sachs, Sheraz Ahmed, Andreas Dengel
arXiv ID
1608.01212
Category
cs.AI: Artificial Intelligence
Cross-listed
cs.CY
Citations
1
Venue
arXiv.org
Last Checked
4 months ago
Abstract
This paper presents a novel, generic, and automatic method for data-driven site selection. Site selection is one of the most crucial and important decisions made by any company. Such a decision depends on various factors of sites, including socio-economic, geographical, ecological, as well as specific requirements of companies. The existing approaches for site selection (commonly used by economists) are manual, subjective, and not scalable, especially to Big Data. The presented method for site selection is robust, efficient, scalable, and is capable of handling challenges emerging in Big Data. To assess the effectiveness of the presented method, it is evaluated on real data (collected from Federal Statistical Office of Germany) of around 200 influencing factors which are considered by economists for site selection of Supermarkets in Germany (Lidl, EDEKA, and NP). Evaluation results show that there is a big overlap (86.4 \%) between the sites of existing supermarkets and the sites recommended by the presented method. In addition, the method also recommends many sites (328) for supermarket where a store should be opened.
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