• Title/Summary/Keyword: ARIMA Model

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Manpower Demand Forecasting in Private Security Industry (민간경비 산업의 인력수요예측)

  • Kim, Sang-Ho
    • Korean Security Journal
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    • no.19
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    • pp.1-21
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    • 2009
  • Manpower demand forecasting in private security industry can be used for both policy and information function. At a time when police agencies have fewer resources to accomplish their goals, forming partnership with private security firms should be a viable means to choose. But without precise understanding of each other, their partnership could be superficial. At the same time, an important debate is coming out whether security industry will continue to expand in numbers of employees, or level-off in the near future. Such debates are especially important for young people considering careers in private security industry. Recently, ARIMA model has been widely used as a reliable instrument in the many field of industry for demand forecasting. An ARIMA model predicts a value in a response time series as a linear combination of its own past values, past errors, and current and past values of other time series. This study conducts a short-term forecast of manpower demand in private security industry using ARIMA model. After obtaining yearly data of private security officers from 1976 to 2008, this paper are forecasting future trends and proposing some policy orientations. The result shows that ARIMA(0, 2, 1) model is the most appropriate one and forecasts a minimum of 137,387 to maximum 190,124 private security officers will be needed in 2013. The conclusions discuss some implications and predictable changes in policing and coping strategies public police and private security can take.

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A Study on Forecasting Industrial Land Considering Leading Economic Variable Using ARIMA-X (선행경제변수를 고려한 산업용지 수요예측 방법 연구)

  • Byun, Tae-Geun;Jang, Cheol-Soon;Kim, Seok-Yun;Choi, Sung-Hwan;Lee, Sang-Ho
    • The Journal of the Korea Contents Association
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    • v.22 no.1
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    • pp.214-223
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    • 2022
  • The purpose of this study is to present a new industrial land demand prediction method that can consider external economic factors. The analysis model used ARIMA-X, which can consider exogenous variables. Exogenous variables are composed of macroeconomic variable, Business Survey Index, and Composite Economic Index variables to reflect the economic and industrial structure. And, among the exogenous variables, only variables that precede the supply of industrial land are used for prediction. Variables with precedence in the supply of industrial land were found to be import, private and government consumption expenditure, total capital formation, economic sentiment index, producer's shipment index, machinery for domestic demand and composite leading index. As a result of estimating the ARIMA-X model using these variables, the ARIMA-X(1,1,0) model including only the import was found to be statistically significant. The industrial land demand forecast predicted the industrial land from 2021 to 2030 by reflecting the scenario of change in import. As a result, the future demand for industrial land was predicted to increase by 1.91% annually to 1,030.79 km2. As a result of comparing these results with the existing exponential smoothing method, the results of this study were found to be more suitable than the existing models. It is expected to b available as a new industrial land forecasting model.

Time series Analysis of State-space Model and Multiplication ARIMA Model in Dissolved Oxygen Simulation (용존산소 농도모의시 상태공간모형과 승법 ARIMA모형의 시계열 분석)

  • 이원호;서인석;한양수
    • Journal of environmental and Sanitary engineering
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    • v.15 no.2
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    • pp.65-74
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    • 2000
  • The purpose of this study is to develop the stochastic stream water quality model for the intake station of Chung-Ju city waterworks in the Han river system. This model was based on the theory of Box-Jenkins Multiplicative ARIMA(SARIMA) and the state space model to simulate changes of water qualities. Variable of water qualities included in the model are temperature and dissolved oxygen(DO). The models development were based on the data obtained from Jan. 1990 to Dec. 1997 and followed the typical procedures of the Box-Jenkins method including identification and estimation. The seasonality of DO and temperature data to formulate for the SARIMA model are conspicuous and the period of revolution was twelve months. Both models had seasonality of twelve months and were formulates as SARIMA {TEX}$(2,1,1)(1,1,1)_{12}${/TEX} for DO and temperature. The models were validated by testing normality and independency of the residuals. The prediction ability of SARIMA model and state space model were tested using the data collected from Jan. 1998 to Oct. 1999. There were good agreements between the model predictions and the field measurements. The performance of the SARIMA model and state space model were examined through comparisons between the historical and generated monthly dissolved oxygen series. The result reveal that the state space model lead to the improved accuracy.

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The Forecasting of Monthly Runoff using Stocastic Simulation Technique (추계학적 모의발생기법을 이용한 월 유출 예측)

  • An, Sang-Jin;Lee, Jae-Gyeong
    • Journal of Korea Water Resources Association
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    • v.33 no.2
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    • pp.159-167
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    • 2000
  • The purpose of this study is to estimate the stochastic monthly runoff model for the Kunwi south station of Wi-stream basin in Nakdong river system. This model was based on the theory of Box-Jenkins multiplicative ARlMA and the state-space model to simulate changes of monthly runoff. The forecasting monthly runoff from the pair of estimated effective rainfall and observed value of runoff in the uniform interval was given less standard error then the analysis only by runoff, so this study was more rational forecasting by the use of effective rainfall and runoff. This paper analyzed the records of monthly runoff and effective rainfall, and applied the multiplicative ARlMA model and state-space model. For the P value of V AR(P) model to establish state-space theory, it used Ale value by lag time and VARMA model were established that it was findings to the constituent unit of state-space model using canonical correction coefficients. Therefore this paper confirms that state space model is very significant related with optimization factors of VARMA model.

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Forecasting daily peak load by time series model with temperature and special days effect (기온과 특수일 효과를 고려하여 시계열 모형을 활용한 일별 최대 전력 수요 예측 연구)

  • Lee, Jin Young;Kim, Sahm
    • The Korean Journal of Applied Statistics
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    • v.32 no.1
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    • pp.161-171
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    • 2019
  • Varied methods have been researched continuously because the past as the daily maximum electricity demand expectation has been a crucial task in the nation's electrical supply and demand. Forecasting the daily peak electricity demand accurately can prepare the daily operating program about the generating unit, and contribute the reduction of the consumption of the unnecessary energy source through efficient operating facilities. This method also has the advantage that can prepare anticipatively in the reserve margin reduced problem due to the power consumption superabundant by heating and air conditioning that can estimate the daily peak load. This paper researched a model that can forecast the next day's daily peak load when considering the influence of temperature and weekday, weekend, and holidays in the Seasonal ARIMA, TBATS, Seasonal Reg-ARIMA, and NNETAR model. The results of the forecasting performance test on the model of this paper for a Seasonal Reg-ARIMA model and NNETAR model that can consider the day of the week, and temperature showed better forecasting performance than a model that cannot consider these factors. The forecasting performance of the NNETAR model that utilized the artificial neural network was most outstanding.

A Study on the Air Travel Demand Forecasting using time series ARIMA-Intervention Model (ARIMA-Intervention 시계열모형을 활용한 제주 국내선 항공여객수요 추정)

  • Kim, Min-Su;Kim, Kee-Woong;Park, Sung-Sik
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.20 no.1
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    • pp.66-75
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    • 2012
  • The purpose of this study is to analyze the effect of intervention variables which may affect the air travel demand for Jeju domestic flights and to anticipate the air travel demand for Jeju domestic flights. The air travel demand forecasts for Jeju domestic flights are conducted through ARIMA-Intervention Model selecting five intervention variables such as 2002 World Cup games, SARS, novel swine-origin influenza A, Yeonpyeongdo bombardment and Japan big earthquake. The result revealed that the risk factor such as the threat of war that is a negative intervention incident and occurred in Korea has the negative impact on the air travel demand due to the response of risk aversion by users. However, when local natural disasters (earthquakes, etc) occurring in neighboring courtiers and global outbreak of an epidemic gave the negligible impact to Korea, negative intervention incident would have a positive impact on air travel demand as a response to find alternative due to rational expectation of air travel customers. Also we realize that a mega-event such as the 2002 Korea-Japan World Cup games reduced the air travel demand in a short-term period unlike the perception in which it will increase the air travel demand and travel demands in the corresponding area.

A Study on Application of Neural Network using Genetic Algorithm in Container Traffic Prediction (컨테이너물동량 예측에 있어 유전알고리즘을 이용한 인공신경망 적용에 관한 연구)

  • Shin, Chang-Hoon;Park, Soo-Nam;Jeong, Dong-Hun;Jeong, Su-Hyun
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2009.10a
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    • pp.187-188
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    • 2009
  • On this study, the artificial neural network, one of the nonlinear forecasting methods, is compared with ARIMA model through performing a forecast of container traffic. The existing studies have been used the rule of thumb in topology design for network which had a great effect on forecasting performance of the artificial neural network. However, this study applied the genetic algorithm, known as the effectively optimal algorithm in the huge and complex sample space, as the alternative.

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Forecasting Demand of Agricultural Tractor, Riding Type Rice Transplanter and Combine Harvester by using an ARIMA Model

  • Kim, Byounggap;Shin, Seung-Yeoub;Kim, Yu Yong;Yum, Sunghyun;Kim, Jinoh
    • Journal of Biosystems Engineering
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    • v.38 no.1
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    • pp.9-17
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    • 2013
  • Purpose: The goal of this study was to develop a methodology for the demand forecast of tractor, riding type rice transplanter and combine harvester using an ARIMA (autoregressive integrated moving average) model, one of time series analysis methods, and to forecast their demands from 2012 to 2021 in South Korea. Methods: To forecast the demands of three kinds of machines, ARIMA models were constructed by following three stages; identification, estimation and diagnose. Time series used were supply and stock of each machine and the analysis tool was SAS 9.2 for Windows XP. Results: Six final models, supply based ones and stock based ones for each machine, were constructed from 32 tentative models identified by examining the ACF (autocorrelation function) plots and the PACF (partial autocorrelation function) plots. All demand series forecasted by the final models showed increasing trends and fluctuations with two-year period. Conclusions: Some forecast results of this study are not applicable immediately due to periodic fluctuation and large variation. However, it can be advanced by incorporating treatment of outliers or combining with another forecast methods.

Weekly Maximum Electric Load Forecasting for 104 Weeks by Seasonal ARIMA Model (계절 ARIMA 모형을 이용한 104주 주간 최대 전력수요예측)

  • Kim, Si-Yeon;Jung, Hyun-Woo;Park, Jeong-Do;Baek, Seung-Mook;Kim, Woo-Seon;Chon, Kyung-Hee;Song, Kyung-Bin
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.28 no.1
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    • pp.50-56
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    • 2014
  • Accurate midterm load forecasting is essential to preventive maintenance programs and reliable demand supply programs. This paper describes a midterm load forecasting method using autoregressive integrated moving average (ARIMA) model which has been widely used in time series forecasting due to its accuracy and predictability. The various ARIMA models are examined in order to find the optimal model having minimum error of the midterm load forecasting. The proposed method is applied to forecast 104-week load pattern using the historical data in Korea. The effectiveness of the proposed method is evaluated by forecasting 104-week load from 2011 to 2012 by using historical data from 2002 to 2010.

Test for Structural Change in ARIMA Models

  • Lee, Sang-Yeol;Park, Si-Yun
    • Proceedings of the Korean Statistical Society Conference
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    • 2002.11a
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    • pp.279-285
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    • 2002
  • In this paper we consider the problem of testing for structural changes in ARIMA models based on a cusum test. In particular, the proposed test procedure is applicable to testing for a change of the status of time series from stationarity to nonstationarity or vice versa. The idea is to transform the time series via differencing to make stationary time series. We propose a graphical method to identify the correct order of differencing.

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