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Profit Pattern Mining Using Soft Computing for Decision Making: Pattern Mining Using Vague Set and Genetic Algorithm

Profit Pattern Mining Using Soft Computing for Decision Making: Pattern Mining Using Vague Set and Genetic Algorithm
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Author(s): Vivek Badhe (MANIT, India), R. S. Thakur (MANIT, India)and G. S. Thakur (MANIT, India)
Copyright: 2017
Pages: 27
Source title: Pattern and Data Analysis in Healthcare Settings
Source Author(s)/Editor(s): Vivek Tiwari (Maulana Azad National Institute of Technology, India), Basant Tiwari (Devi Ahilya University, India), Ramjeevan Singh Thakur (Maulana Azad National Institute of Technology, India)and Shailendra Gupta (AISECT University, India)
DOI: 10.4018/978-1-5225-0536-5.ch011

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Abstract

Problem of decision making is a crucial task in every business. Profit Pattern Mining hit the target by minimizes the gap between statistical based pattern generation and value base decision making. But this job is found very difficult when it depends on the large, imprecise and vague environment, which is frequent in recent years. The concept of soft computing with data mining is novel way to address this difficulty. The general approaches to association rule mining focus on inducting rule by using correlation among data and finding frequent occurring patterns. The major technique uses support and confidence measures for generating rules which is not adequate nowadays as a measure of interest, since the data have become more multifaceted these days, it's a necessary to find solution that deals with such problems and uses some new measures like profit, significance etc. In this chapter, authors apply concept of pattern mining with vague set theory, Genetic algorithm theory and related properties to the commercial management to deal with business decision making problem.

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