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dc.contributor.authorHernández-Molinar, Raúl
dc.contributor.authorSarmiento-Rebeles, Roberto
dc.contributor.authorMéndez-Barrios, César F.
dc.contributor.authorHernández-Molinar, Raúlen_US
dc.contributor.authorSarmiento-Rebeles, Robertoen_US
dc.contributor.authorMéndez-Barrios, César F.en_US
dc.date.accessioned2018-10-04T15:34:48Z
dc.date.available2018-10-04T15:34:48Z
dc.date.issued2016
dc.identifier.isbn978-953-51-2494-8en_US
dc.identifier.otherHPU3160541en_US
dc.identifier.urihttp://lib.pyu.edu.vn/handle/123456789/527
dc.description.abstractEmpirical modeling (EM) has been a useful approach for the analysis of different problems across a number of areas/fields of knowledge. As is known, this type of modeling is particularly helpful when parametric models due to a number of reasons cannot be constructed. Based on different methodologies and approaches (e.g., Least Squares Method, LSM), EM allows the analyst to obtain an initial understanding of the relationships that exists among the different variables that belong to a particular system or a process. In some cases, the results from empirical models can be used to make decisions about those variables, with the intent of resolving a given problem. The investigation describes the application of EM to the estimation of shipping costs in a Mexican manufacturing firm. The results show that overall, transportation costs using an empirical model tend to be lower than costs calculated by a previous model. This demonstrates the practical and potential utility that results based on EM can have in a real-life setting.en_US
dc.language.isoenen_US
dc.publisherINTECH Open Access Publisheren_US
dc.subjectComputer and Information Scienceen_US
dc.subjectNumerical Analysis and Scientific Computingen_US
dc.subjectEmpirical modelingen_US
dc.subjectExploratory data analysisen_US
dc.subjectLeast squaresen_US
dc.subjectLinearizationen_US
dc.subjectTransportation logisticsen_US
dc.titleEmpirical Modeling and Its Applications. Chapter 3: Least Squares Method and Empirical Modeling: A Case Study in a Mexican Manufacturing Firmen_US
dc.typeBooken_US
dc.size884Kben_US
dc.departmentICTen_US


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