Title :
Application of principal component analysis in coal enterprise benefit analysis and evaluation
Author :
Gong, Bingjiang ; Bai, Dongyan ; Sun, Xiaofei
Author_Institution :
Coll. of Inf. & Electr. Eng., Hebei Univ. of Eng., Handan, China
Abstract :
Integrating the principal components analysis with R analysis software, the article offers a solution to synthetically evaluate coal mining enterprises´ economic benefits. The method can not only reflect different factors in coal´s economic benefits, but also determine the degree of importance of these factors, thus saving the trouble of importance assessment by decision-makers when faced with multiple index scenario. It, as a result, provides corporate decision-makers with an effective technical means and improves the management of the coal enterprise.
Keywords :
coal; decision making; econometrics; mathematics computing; mining industry; principal component analysis; R analysis software; coal enterprise benefit analysis; corporate decision-makers; economic benefits; principal component analysis; Biomedical engineering; Data engineering; Economic indicators; Educational institutions; Information analysis; Principal component analysis; Production planning; Statistical analysis; Sun; benefit evaluation; coal enterprise; multi indicators; principal components analysis;
Conference_Titel :
BioMedical Information Engineering, 2009. FBIE 2009. International Conference on Future
Conference_Location :
Sanya
Print_ISBN :
978-1-4244-4690-2
Electronic_ISBN :
978-1-4244-4692-6
DOI :
10.1109/FBIE.2009.5405851