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

fYear

2009

fDate

13-14 Dec. 2009

Firstpage

349

Lastpage

353

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;

fLanguage

English

Publisher

ieee

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

Type

conf

DOI

10.1109/FBIE.2009.5405851

Filename

5405851