• The Korean Journal of Applied Statistics
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• v.27 no.5
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• pp.843-853
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• 2014

Accurate electricity demand forecasting for daily peak load is essential for management and planning at electrical facilities. In this paper, we rst, introduce the several time series models that forecast daily peak load and compare the forecasting performance of the models based on Mean Absolute Percentage Error(MAPE). The results show that the Reg-AR-GARCH model outperforms other competing models that consider Cooling Degree Day(CDD) and Heating Degree Day(HDD) as well as seasonal components.

• Magazine of the Korean Society of Agricultural Engineers
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• v.43 no.2
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• pp.69-77
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• 2001

An artificial neural network model was developed to analyze and forecast daily steamflow flow a small watershed. Error Back propagation neural networks (EBPN) of daily rainfall and runoff data were found to have a high performance in simulating stremflow. The model adopts a gradient descent method where the momentum and adaptive learning rate concepts were employed to minimize local minima value problems and speed up the convergence of EBP method. The number of hidden nodes was optimized using Bayesian information criterion. The resulting optimal EBPN model for forecasting daily streamflow consists of three rainfall and four runoff data (Model34), and the best number of the hidden nodes were found to be 13. The proposed model simulates the daily streamflow satisfactorily by comparison compared to the observed data at the HS#3 watershed of the Baran watershed project, which is 391.8 ha and has relatively steep topography and complex land use.

• Journal of Korean Society of Water and Wastewater
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• v.12 no.4
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• pp.43-52
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• 1998

The purpose of this study is to establish a method of estimating the daily urban water demend using Backpropagation algorithm is part of ANN(Artificial Neural Network). This method will be used for the development of the efficient management and operations of the water supply facilities. The data used were the daily urban water demend, the population and weather conditions such as treperarture, precipitation, relative humidity, etc. Kwangju city was selected for the case study area. We adjusted the weights of ANN that are iterated the training data patterns. We normalized the non-stationary time series data [-1,+1] to fast converge, and choose the input patterns by statistical methods. We separated the training and checking patterns form input date patterns. The performance of ANN is compared with multiple-regression method. We discussed the representation ability the model building process and the applicability of ANN approach for the daily water demand. ANN provided the reasonable results for time series forecasting.

• Journal of Korean Society for Atmospheric Environment
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• v.22 no.5
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• pp.614-626
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• 2006

Using the data of three environmental monitoring sites in Pohang area(KME112, KME113, and KME114), statistical forecasting models of the daily maximum and mean values of PM10 have been developed. Since the distributions of the daily maximum and mean PM10 values are skewed, which are similar to the Weibull distribution, these values were log-transformed to increase prediction accuracy by approximating the normal distribution. Three statistical forecasting models, which are regression, neural networks(NN) and support vector regression(SVR), were built using the log-transformed response variables, i.e., log(max(PM10)) or log(mean (PM10)). Also, the forecasting models were validated by the measure of RMSE, CORR, and IOA for the model comparison and accuracy. The improvement rate of IOA before and after the log-transformation in the daily maximum PM10 prediction was 12.7% for the regression and 22.5% for NN. In particular, 42.7% was improved for SVR method. In the case of the daily mean PM10 prediction, IOA value was improved by 5.1% for regression, 6.5% for NN, and 6.3% for SVR method. As a conclusion, SVR method was found to be performed better than the other methods in the point of the model accuracy and fitness views.

• Journal of Korea Water Resources Association
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• v.39 no.3 s.164
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• pp.253-259
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• 2006

In almost all previous hydrological studies, the standard approach adopted for nonlinear time series analysis is to perform system characterization first followed by forecasting. However, a practical inverse approach for forecasting nonlinear hydrological time series was proposed recently To investigate the applicability standard approach method and inverse approach, this study used a theoretical time series (Mackey-Glass time series) and daily streamflows of the Bear River in Idaho. To predict a theoretical time series and daily streamflow, this study used local approximation method. From chaos analysis, chaotic characteristics are found in daily streamflow of the Bear River in Idaho. Resulting from 1, 3 and 5-day prediction, inverse approach method is shown to be better than the standard approach for a theoretical chaotic time series and daily streamflow.

• Environmental and Resource Economics Review
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• v.29 no.4
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• pp.419-442
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• 2020

The majority of the natural gas demand in South Korea is mainly determined by the heating demand. Accordingly, there is a distinct seasonality in which the gas demand increases in winter and decreases in summer. Moreover, the degree of sensitiveness to temperature on gas demand has changed over time. This study firstly introduces changing temperature response function (TRF) to capture effects of changing seasonality. The temperature effect (TE), estimated by integrating temperature response function with daily temperature density, represents for the amount of gas demand change due to variation of temperature distribution. Also, this study presents an innovative way in forecasting daily temperature density by employing functional principal component analysis based on daily max/min temperature forecasts for the five big cities in Korea. The forecast errors of the temperature density and gas demand are decreased by 50% and 80% respectively if we use the proposed forecasted density rather than the average daily temperature density.

• Proceedings of the KIEE Conference
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• 2001.11b
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• pp.432-434
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• 2001

This paper proposes a special-day load forecasting method with the characteristics of temperature based on fuzzy linear regression. We can obtain a linear regression model from the relation between daily peak load and daily maximum or minimum temperature. Simulation results show that the proposed method can improve an accuracy of a special-day load forecasting.

• Journal of Korean Society on Water Environment
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• v.27 no.4
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• pp.533-541
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• 2011

Algal blooms have caused problems for drinking water as well as eutrophication. However it is difficult to control algal blooms by current warning manual in rainy season because the algal blooms happen in a few days. The water quality data, which have high correlations with Chlorophyll-a on Daecheongho station, were analyzed and chosen as input data of Artificial Neural Networks (ANN) for training pattern changes. ANN was applied to early forecasting of algal blooms, and ANN was assessed by forecasting errors. Water temperature, pH and Dissolved oxygen were important factors in the cross correlation analysis. Some water quality items like Total phosphorus and Total nitrogen showed similar pattern to the Chlorophyll-a changes with time lag. ANN model (No. 3), which was calibrated by water temperature, pH and DO data, showed lowest error. The combination of 1 day, 3 days, 7 days forecasting makes outputs more stable. When automatic monitoring data were used for algal bloom forecasting in Daecheong reservoir, ANN model must be trained by just input data which have high correlation with Chlorophyll-a concentration. Modular type model, which is combined with the output of each model, can be effectively used for stable forecasting.

• International Commerce and Information Review
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• v.12 no.1
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• pp.99-121
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• 2010

This paper reviews the categories and properties of risk measures, analyzes the classes and structural equations of volatility forecasting models, and presents the practical methodologies and their expansion methods of estimating and forecasting the volatilities of exchange rates using Excel spreadsheet modeling. We apply the GARCH(1,1) model to the Korean won(KRW) denominated daily and monthly exchange rates of USD, JPY, EUR, GBP, CAD and CNY during the periods from January 4, 1998 to December 31, 2009, make the estimates of long-run variances in the returns of exchange rate calculated as the step-by-step change rate, and test the adequacy of estimated GARCH(1,1) model using the Box-Pierce-Ljung statistics Q and chi-square test-statistics. We demonstrate the adequacy of GARCH(1,1) model in estimating and forecasting the volatility of exchange rates in the monthly series except the semi-variance GARCH(1,1) applied to KRW/JPY100 rate. But we reject the adequacy of GARCH(1,1) model in estimating and forecasting the volatility of exchange rates in the daily series because of the very high Box-Pierce-Ljung statistics in the respective time lags resulting to the self-autocorrelation. In conclusion, the GARCH(1,1) model provides for the easy and helpful tools to forecast the exchange rate volatilities and may become the powerful methodology to overcome the application difficulties with the spreadsheet modeling.

• IE interfaces
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• v.24 no.4
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• pp.373-378
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• 2011

High level of accuracy in forecasting heat demand of each district is required for operating and managing the district heating efficiently. Heat demand has a close connection with the demands of the previous days and the temperature, general demand forecasting methods may be used forecast. However, there are some exceptional situations to apply general methods such as the exceptional low demand in weekends or vacation period. We introduce a new method to forecast the heat demand to overcome these situations, using the linearities between the demand and some other factors. Our method uses the temperature and the past 7 days' demands as the factors which determine the future demand. The model consists of daily and hourly models which are multiple linear regression models. Appling these two models to historical data, we confirmed that our method can forecast the heat demand correctly with reasonable errors.