Impact of the COVID-19 Pandemic on the Revenue of the Catering Industry: Taiwan as an Example

被引:0
|
作者
Wu, Hsin-Chieh [1 ]
Chen, Tin-Chih Toly [2 ]
Wang, Syuan Yu [2 ]
机构
[1] Chaoyang Univ Technol, Taichung, Taiwan
[2] Natl Yang Ming Chiao Tung Univ, 1001 Univ Rd, Hsinchu 300, Taiwan
来源
SAGE OPEN | 2024年 / 14卷 / 02期
关键词
big data analytics; fuzzy; catering industry; forecasting; COVID-19; FEATURE-SELECTION; FUZZY; CLASSIFICATION; FORECAST; TIME; COST;
D O I
10.1177/21582440241241410
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
Due to the impact of the COVID-19 pandemic, people have reduced eating out, resulting in a severe drop in the revenue of the catering industry. Health risks have become a major factor affecting the revenue of this industry. Predicting the revenue of the catering industry during the COVID-19 pandemic will not only allow practitioners to adjust their business strategies, but also provide a reference for governments to formulate relief measures. To this end, this study proposes a fuzzy big data analytics approach in which random forests, recursive feature elimination, fuzzy c-means, and deep neural networks are jointly applied. First, random forests and recursive feature elimination are used to select the most influential factors. The data is then divided into clusters by fuzzy c-means. Subsequently, a deep neural network is built for each cluster to make predictions. The prediction results of individual clusters are then aggregated to improve prediction accuracy. The proposed methodology has been applied to forecast the revenue of the catering industry in Taiwan. The results of the experiment showed that the impact of new deaths on the revenue of the catering industry was far greater than the number of newly diagnosed COVID-19 cases.
引用
收藏
页数:15
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