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Big Data Cogn. Comput., Volume 8, Issue 5 (May 2024) – 3 articles

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23 pages, 1966 KiB  
Article
Imagine and Imitate: Cost-Effective Bidding under Partially Observable Price Landscapes
by Xiaotong Luo, Yongjian Chen, Shengda Zhuo, Jie Lu, Ziyang Chen, Lichun Li, Jingyan Tian, Xiaotong Ye and Yin Tang
Big Data Cogn. Comput. 2024, 8(5), 46; https://doi.org/10.3390/bdcc8050046 - 28 Apr 2024
Viewed by 278
Abstract
Real-time bidding has become a major means for online advertisement exchange. The goal of a real-time bidding strategy is to maximize the benefits for stakeholders, e.g., click-through rates or conversion rates. However, in practise, the optimal bidding strategy for real-time bidding is constrained [...] Read more.
Real-time bidding has become a major means for online advertisement exchange. The goal of a real-time bidding strategy is to maximize the benefits for stakeholders, e.g., click-through rates or conversion rates. However, in practise, the optimal bidding strategy for real-time bidding is constrained by at least three aspects: cost-effectiveness, the dynamic nature of market prices, and the issue of missing bidding values. To address these challenges, we propose Imagine and Imitate Bidding (IIBidder), which includes Strategy Imitation and Imagination modules, to generate cost-effective bidding strategies under partially observable price landscapes. Experimental results on the iPinYou and YOYI datasets demonstrate that IIBidder reduces investment costs, optimizes bidding strategies, and improves future market price predictions. Full article
(This article belongs to the Special Issue Business Intelligence and Big Data in E-commerce)
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18 pages, 5253 KiB  
Review
Digital Twins for Discrete Manufacturing Lines: A Review
by Xianqun Feng and Jiafu Wan
Big Data Cogn. Comput. 2024, 8(5), 45; https://doi.org/10.3390/bdcc8050045 - 26 Apr 2024
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Abstract
Along with the development of new-generation information technology, digital twins (DTs) have become the most promising enabling technology for smart manufacturing. This article presents a statistical analysis of the literature related to the applications of DTs for discrete manufacturing lines, researches their development [...] Read more.
Along with the development of new-generation information technology, digital twins (DTs) have become the most promising enabling technology for smart manufacturing. This article presents a statistical analysis of the literature related to the applications of DTs for discrete manufacturing lines, researches their development status in the areas of the design and improvement of manufacturing lines, the scheduling and control of manufacturing line, and predicting faults in critical equipment. The deployment frameworks of DTs in different applications are summarized. In addition, this article discusses the three key technologies of high-fidelity modeling, real-time information interaction methods, and iterative optimization algorithms. The current issues, such as fine-grained sculpting of twin models, the adaptivity of the models, delay issues, and the development of efficient modeling tools are raised. This study provides a reference for the design, modification, and optimization of discrete manufacturing lines. Full article
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26 pages, 12425 KiB  
Article
Topic Modelling: Going beyond Token Outputs
by Lowri Williams, Eirini Anthi, Laura Arman and Pete Burnap
Big Data Cogn. Comput. 2024, 8(5), 44; https://doi.org/10.3390/bdcc8050044 - 25 Apr 2024
Viewed by 363
Abstract
Topic modelling is a text mining technique for identifying salient themes from a number of documents. The output is commonly a set of topics consisting of isolated tokens that often co-occur in such documents. Manual effort is often associated with interpreting a topic’s [...] Read more.
Topic modelling is a text mining technique for identifying salient themes from a number of documents. The output is commonly a set of topics consisting of isolated tokens that often co-occur in such documents. Manual effort is often associated with interpreting a topic’s description from such tokens. However, from a human’s perspective, such outputs may not adequately provide enough information to infer the meaning of the topics; thus, their interpretability is often inaccurately understood. Although several studies have attempted to automatically extend topic descriptions as a means of enhancing the interpretation of topic models, they rely on external language sources that may become unavailable, must be kept up to date to generate relevant results, and present privacy issues when training on or processing data. This paper presents a novel approach towards extending the output of traditional topic modelling methods beyond a list of isolated tokens. This approach removes the dependence on external sources by using the textual data themselves by extracting high-scoring keywords and mapping them to the topic model’s token outputs. To compare how the proposed method benchmarks against the state of the art, a comparative analysis against results produced by Large Language Models (LLMs) is presented. Such results report that the proposed method resonates with the thematic coverage found in LLMs and often surpasses such models by bridging the gap between broad thematic elements and granular details. In addition, to demonstrate and reinforce the generalisation of the proposed method, the approach was further evaluated using two other topic modelling methods as the underlying models and when using a heterogeneous unseen dataset. To measure the interpretability of the proposed outputs against those of the traditional topic modelling approach, independent annotators manually scored each output based on their quality and usefulness as well as the efficiency of the annotation task. The proposed approach demonstrated higher quality and usefulness, as well as higher efficiency in the annotation task, in comparison to the outputs of a traditional topic modelling method, demonstrating an increase in their interpretability. Full article
(This article belongs to the Special Issue Advances in Natural Language Processing and Text Mining)
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