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CREATED:20220725T115753Z
LAST-MODIFIED:20220725T115753Z
DTSTAMP:20260614T160010Z
UID:1781442010@tuc.gr
SUMMARY:παρουσίαση μεταπτυχιακής εργασίας κ.
  Αντωνίας Τρικουνάκη, Σχολή ΜΠΔ
LOCATION:
DESCRIPTION:https://www.tuc.gr/el/to-polytechnei
 o/ilektronikes-ypiresies/imerologio/
 imerologio-ekdiloseon-1?tx_tucevents
 2_tuceventsdisplay%5Baction%5D=show&
 tx_tucevents2_tuceventsdisplay%5Bcon
 troller%5D=Event&tx_tucevents2_tucev
 entsdisplay%5Bevent%5D=5725&cHash=6a
 9d5c78f45b5dda35ac23a6919af2ee\nΠΟΛΥ
 ΤΕΧΝΕΙΟ ΚΡΗΤΗΣ\n ΣΧΟΛΗ ΜΗΧΑΝΙΚΩΝ ΠΑΡ
 ΑΓΩΓΗΣ ΚΑΙ ΔΙΟΙΚΗΣΗΣ\n  \n Name &amp
 ; Surname: ……Antonia Trikounaki……………
 ………………………… \n Reg. Number: ……2020015
 003…………………………………………… \n  \n Subject 
 \n Title: …Business Decision Analysi
 s Based on Data Analytics……………………………
 ……………… \n  \n Examination Committee:
  \n Supervisor: …Matsatsinis Nikolao
 s……………………………………… \n First Member: ……
 …Batsakis Sotirios……………………………… \n Se
 cond Member: …Tsafarakis Stelios…………
 ……….………….…… \n  \n Abstract: \n Desp
 ite the continuous and exponential t
 echnological evolution, a common phe
 nomenon observed in the service and 
 retail industry is the lack of patte
 rn recognition in a dataset and thus
  the inability to create predictions
  on business issues. This, makes the
 m even more susceptible to uncertain
 ty and risk, as they are not able to
  focus on the key variables that inf
 luence their companies' attributes. 
  \n This thesis, highlights three di
 fferent case studies of companies op
 erating in the service and retail in
 dustry. Specifically, the paper focu
 ses on the case of a hotel company b
 ased in Chania of Crete, a multinati
 onal insurance company and a big Gre
 ek Super Market chain, that seek to 
 use data analysis along with data sc
 ience to extract the necessary infor
 mation and make the predictions need
 ed in order to take effective decisi
 ons and improve their business perfo
 rmance.  \n The aforementioned, can 
 be achieved by using the methods of 
 categorization, clustering and assoc
 iation rule mining through the usage
  of machine learning software, WEKA.
  Through algorithms' implementation,
  it is possible to make predictions,
  check their accuracy, create patter
 ns of interrelated sales/purchases a
 nd group features, based on the data
  provided by the companies.  \n In e
 ach of these three cases, the datase
 t is examined, and through WEKA'S as
 sistance, the data is analyzed in or
 der to obtain results, capable of as
 sisting or improving decision-making
 , increasing competitiveness and pos
 sibly increasing the sales of the fi
 rms in question. \n The first chapte
 r presents the concept of data minin
 g, the purpose it serves and the way
 s through which it helps in business
  problem solving. Then the data mini
 ng software- WEKA is presented, whic
 h is used in each of the cases, to a
 nalyze the data given and to provide
  meaningful patterns, rules and resu
 lts for the issues addressed. The pr
 esentation, analysis and explanation
  of the different regression and cla
 ssification algorithms follows, whic
 h will be used in the use cases of t
 he following chapters and the differ
 ent clusterers that will be applied 
 through WEKA’s software. Additionall
 y, the concept of association rule m
 ining is presented and explained, as
  well as the various metrics that wi
 ll be used to analyze and interpret 
 WEKA’s  results. \n The second chapt
 er presents the Creta Palm Hotel’s c
 ase. For this case, a certain amount
  of data, concerning the hotel’s boo
 kings from the different travel agen
 cies as well as the different bookin
 g sources was collected, for the yea
 rs 2019 and 2020. This data is about
  to be analyzed through classificati
 on algorithms' implementations and c
 lustering method developments, with 
 the assistance of the machine learni
 ng software WEKA. This aims in gener
 ating predictions for the total book
 ings of the different travel agencie
 s and the different booking pages, i
 n checking the accuracy of the total
  bookings’ predictions as well as in
  grouping the different co-operative
  booking sources' characteristics ba
 sed on the years of 2019 and 2020. T
 otal bookings’ predictions concern a
 ll those travel agencies and booking
  sources that have the same, or simi
 lar characteristics to the agencies/
 sources given for analysis, that is 
 the training data. The agencies/sour
 ces whose data have the same or simi
 lar characteristics to the training 
 data, are expected to behave in the 
 same way and have similar number of 
 sales. \n The third chapter is about
  the multinational insurance company
  NN. In this case, the company creat
 ed a questionnaire for its customers
  and collected their responses, in o
 rder to examine their intentions and
  preferences concerning the insuranc
 e products she promotes. These respo
 nses, are being processed and then a
 nalyzed, in order to predict the cus
 tomers’ interest for insurance estim
 ating, to test the predictions’ accu
 racy and to cluster the customers’ c
 haracteristics, based on the data pr
 ovided by the company. The aforement
 ioned are accomplished, through clas
 sification algorithms’ implementatio
 n and clustering methods’ developmen
 t, with the assistance of WEKA machi
 ne learning software. WEKA’s predict
 ions for the customers’ interest in 
 retirement estimation, concern custo
 mers who display the same or similar
  characteristics as those of the cus
 tomers answering the questionnaire. 
 Therefore, customers with the same o
 r similar characteristics as the tra
 ining data are expected to behave in
  the same way and have a similar res
 ponse. \n The forth chapter presents
  the case of a large Super Market in
  Greece. For this use case, a databa
 se with transactional and demographi
 c data was collected from the Superm
 arket for a period of eight months d
 uring 2021. This database included t
 he customers’ gender, age, card code
  and all of their purchases with its
  dates, the shop and area from which
  the customers made each purchase, t
 he products each customer chose alon
 g with their product category and th
 e amount of money that they spent on
  each product. The collection and an
 alysis of these data, gives us the o
 pportunity to find useful informatio
 n about the customers, through assoc
 iation rule mining and clustering. W
 eka Machine Learning Software, trans
 forms the dataset into meaningful pa
 tterns with the assistance of integr
 ated algorithms, aiming to find the 
 products that appear an association 
 with each other and are usually purc
 hased together (association rule min
 ing) as well as to group the custome
 rs depending on their purchase frequ
 ency of the various product categori
 es. Association rule mining- in othe
 r words- market basket analysis, dis
 covers the correlations between the 
 different items in customers’ shoppi
 ng cart and clustering segregates gr
 oups with similar traits. These meth
 ods help the company to have a bette
 r understanding of the customers’ pr
 ofile and thus, create value for the
 m. This leads to a better customer e
 xperience and creates a stronger sen
 timent or loyalty towards the compan
 y. The methods of association rule m
 ining and clustering helps the compa
 ny to better predict the results of 
 a new oncoming dataset that has simi
 lar characteristics with our already
  existing dataset and make the neces
 sary marketing campaigns depending o
 n the customers’ gender, age and are
 a of shopping. \n  \n Examination Da
 te: \n Day/Month/Year: ………27/07/2022
 ………… \n Time: ………13:00……………………………… \
 n  \n Examination Venue: \n Auditori
 um/ Lecture Room:   https://tuc-gr.z
 oom.us/j/97509504080?pwd=dng3UWF5Q0N
 xUzQ3Rm1mbkRwdDFnQT09   \n Building:
  …………………………..……………………………… \n
STATUS:CONFIRMED
ORGANIZER;RSVP=FALSE;CN=TUC;CUTYPE=TUC:mailto:webmaster@tuc.gr
DTSTART:20220727T130000
DTEND:20220727T140000
TRANSP:OPAQUE
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