Customer Churn Modeling via the Grey Wolf Optimizer and Ensemble Neural Networks

Author:

Rahmaty Maryam1ORCID,Daneshvar Amir2,Salahi Fariba3,Ebrahimi Maryam4,Chobar Adel Pourghader5ORCID

Affiliation:

1. Department of Management, Chalous Branch, Islamic Azad University, Chalous, Iran

2. Department of Information Technology Management, Electronic Branch, Islamic Azad University, Tehran, Iran

3. Department of Industrial Management, Electronic Branch, Islamic Azad University, Tehran, Iran

4. Department of Information Technology Management, Islamic Azad University-Electronic Branch, Tehran, Iran

5. Department of Industrial Engineering, Faculty of Industrial and Mechanical Engineering, Qazvin Azad University, Qazvin, Iran

Abstract

The customer churn is one of the key challenges for enterprises, and market saturation and increased competition to maintain business position has caused companies to make all attempts to identify customers who are likely to leave and end their relationship with a company in a particular period to become the customer of another company. In recent years, many methods have been developed including data mining for predicting the customer churn and manners that customers are likely to behave in the future and therefore, taking action early to prevent their leaving. This study proposes a hybrid system based on fuzzy entropy criterion selection algorithm with similar classifiers, grey wolf optimization algorithm, and artificial neural network to predict the customer churn of those companies that suffer losses from losing customers over time. The research results are evaluated by other methods in the criteria of accuracy, recall, precision, and F_measure, and it is declared that the proposed method is superior over other methods.

Publisher

Hindawi Limited

Subject

Modeling and Simulation

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