Impact of Machine Learning on Manufacturing Industries


Authors : Srinath Karmungi, Vignesh Manoj Varier, Dhruv Sharma

Volume/Issue : Volume 2 - 2017, Issue 10 - October

Google Scholar : https://goo.gl/DF9R4u

Scribd : https://goo.gl/SzwqJz

Thomson Reuters ResearcherID : https://goo.gl/3bkzwv

This paper emphasizes on developing new methods, evaluating the approaches and conveying the results for the problems faced in manufacturing industry ingeniously using machine learning.As the manufacturers want to augment their profit with least capital investment, a model has been proposed in which machine learning is incorporated in production.Linear regression algorithm has been utilized for predicting the outcome for the given input and gradient descent for optimization of result. It can help maximize the production and increase profit for the company by predicting the outcome so that the company can take the required action or anticipate the problem beforehand.

Keywords : Machine Learning, Linear Regression, Correlation, Gradient Descent, Scatter Diagram

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