• Title/Summary/Keyword: Forecast accuracy

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Development of Short-term Heat Demand Forecasting Model using Real-time Demand Information from Calorimeters (실시간 열량계 정보를 활용한 단기 열 수요 예측 모델 개발에 관한 연구)

  • Song, Sang Hwa;Shin, KwangSup;Lee, JaeHun;Jung, YunJae;Lee, JaeSeung;Yoon, SeokMann
    • The Journal of Bigdata
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    • v.5 no.2
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    • pp.17-27
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    • 2020
  • District heating system supplies heat from low-cost high-efficiency heat production facilities to heat demand areas through a heat pipe network. For efficient heat supply system operation, it is important to accurately predict the heat demand within the region and optimize the heat production plan accordingly. In this study, a heat demand forecasting model is proposed considering real-time calorimeter information from local heat demands. Previous models considered ambient temperature and heat demand history data to predict future heat demands. To improve forecast accuracy, the proposed heat demand forecast model added big data from real-time calorimeters installed in the heat demands within the target region. By employing calorimeter information directly in the model, it is expected that the proposed forecast model is to reflect heat use pattern of each demand. Computational experiemtns based on the actual heat demand data shows that the forecast accuracy of the proposed model improved when the calorimeter big data is reflected.

The Applicability Assesment of the Short-term Rainfall Forecasting Using Translation Model (이류모델을 활용한 초단시간 강우예측의 적용성 평가)

  • Yoon, Seong-Sim;Bae, Deg-Hyo
    • Journal of Korea Water Resources Association
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    • v.43 no.8
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    • pp.695-707
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    • 2010
  • The frequency and size of typhoon and local severe rainfall are increasing due to the climate change and the damage also increasing from typhoon and severe rainfall. The flood forecasting and warning system to reduce the damage from typhoon and severe rainfall needs forecasted rainfall using radar data and short-term rainfall forecasting model. For this reason, this study examined the applicability of short-term rainfall forecast using translation model with weather radar data to point out that the utilization of flood forecasting in Korea. This study estimated the radar rainfall using Least-square fitting method and estimated rainfall was used as initial field of translation model. The translation model have verified accuracy of forecasted radar rainfall through the comparison of forecasted radar rainfall and observed rainfall quantitatively and qualitatively. Almost case studies showed that accuracy is over 0.6 within 4 hours leading time and mean of correlation coefficient is over 0.5 within 1 hours leading time in Kwanak and Jindo radar site. And, as the increasing the leading time, the forecast accuracy of precipitation decreased. The results of the calculated Mean Area Precipitation (MAP) showed forecast rainfall tend to be underestimated than observed rainfall but the correlation coefficient more than 0.5. Therefore it showed that translation model could be accurately predicted the rainfall relatively. The present results indicate that possibility of translation model application of Korea just within 2 hours leading forecasted rainfall.

A Study on the Development of the Cash-Flow Forecasting Model in Apartment Business factoring tn Housing Payment Collection Pattern and Payment Condition for Construction Expences (분양대금 납부패턴과 공사대금 지급방식 변화를 고려한 공동주택사업의 현금흐름 예측모델 개발에 관한 연구)

  • Kim Soon-Young;Kim Kyoon-Tai;Han Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.353-358
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    • 2001
  • Since the financial crisis broke out, liquidity has become the critical issue in housing construction industry. In order to secure liquidity, it is prerequisite to precisely forecast cash flow. However, construction companies have failed to come up with a systematic process to manage and forecast cash flow. Until now, companies have solely relied on the prediction of profits and losses, which is carried out as they review business feasibility. To obtain more accurate cash flow forecast model, practical pattern of payments should be taken into account. In this theory, basic model that analyzes practical housing payment collection pattern resulting from prepayments and arrears is described. This model is to complement conventional cash flow forecast scheme in the phase of business feasibility review. Analysis result on final losses in cash that occur as a result of prepayment and arrears is considered in this model. Additionally, in the estimation of construction cost in the phase of business feasibility review, real construction prices instead of official prices are applied to enhance accuracy of cash outflow forecast. The proportion of payment made by a bill and changes in payment date caused by rescheduling of a bill are also factored in to estimate cash outflow. This model would contribute to achieving accurate cash flow forecast that better reflect real situation and to enhancing efficiency in capital management by giving a clear picture with regard to the demand and supply timing of capital.

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Summer Precipitation Forecast Using Satellite Data and Numerical Weather Forecast Model Data (광역 위성 영상과 수치예보자료를 이용한 여름철 강수량 예측)

  • Kim, Gwang-Seob;Cho, So-Hyun
    • Journal of Korea Water Resources Association
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    • v.45 no.7
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    • pp.631-641
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    • 2012
  • In this study, satellite data (MTSAT-1R), a numerical weather prediction model, RDAPS (Regional Data Assimilation and Prediction System) output, ground weather station data, and artificial neural networks were used to improve the accuracy of summer rainfall forecasts. The developed model was applied to the Seoul station to forecast the rainfall at 3, 6, 9, and 12-hour lead times. Also to reflect the different weather conditions during the summer season which is related to the frontal precipitation and the cyclonic precipitation such as Jangma and Typhoon, the neural network models were formed for two different periods of June-July and August-September respectively. The rainfall forecast model was trained during the summer season of 2006 and 2008 and was verified for that of 2009 based on the data availability. The results demonstrated that the model allows us to get the improved rainfall forecasts until lead time of 6 hour, but there is still a large room to improve the rainfall forecast skill.

Verification of Planetary Boundary Layer Height for Local Data Assimilation and Prediction System (LDAPS) Using the Winter Season Intensive Observation Data during ICE-POP 2018 (ICE-POP 2018기간 동계집중관측자료를 활용한 국지수치모델(LDAPS)의 행성경계층고도 검증)

  • In, So-Ra;Nam, Hyoung-Gu;Lee, Jin-Hwa;Park, Chang-Geun;Shim, Jae-Kwan;Kim, Baek-Jo
    • Atmosphere
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    • v.28 no.4
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    • pp.369-382
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    • 2018
  • Planetary boundary layer height (PBLH), produced by the Local Data Assimilation and Prediction System (LDAPS), was verified using RawinSonde (RS) data obtained from observation at Daegwallyeong (DGW) and Sokcho (SCW) during the International Collaborative Experiments for Pyeongchang 2018 Olympic and Paralympic winter games (ICE-POP 2018). The PBLH was calculated using RS data by applying the bulk Richardson number and the parcel method. This calculated PBLH was then compared to the values produced by LDAPS. The PBLH simulations for DGW and SCW were generally underestimation. However, the PBLH was an overestimation from surface to 200 m and 450 m at DGW and SCW, respectively; this result of model's failure to correctly simulate the Surface Boundary Layer (SBL) and the Mixing Layer (ML) as the PBLH. When the accuracy of the PBLH simulation is low, large errors are seen in the mid- and low-level humidity. The highest frequencies of Planetary boundary layer (PBL) types, calculated by the LDAPS at DGW and SCW, were presented as types Ι and II, respectively. Analysis of meteorological factors according to the PBL types indicate that the PBLH of the existing stratocumulus were overestimated when the mid- and low-level humidity errors were large. If the instabilities of the surface and vertical mixing into clouds are considered important factors affecting the estimation of PBLH into model, then mid- and low-level humidity should also be considered important factors influencing PBLH simulation performance.

A Study on Empty Container Repositioning and Leasing (확률적 접근법에 의한 공컨테이너 재배치 및 임대에 관한 연구)

  • 하원익;남기찬
    • Journal of Korean Port Research
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    • v.13 no.1
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    • pp.27-40
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    • 1999
  • This study aims to apply and examine the stochastic approach for empty container repositioning and leasing problem. For this a case study has been carried out on actual data such as various cost components and traffic flow. The results reveal that the proposed methodology produces more realistic results than the conventional deterministic approaches. It is also found that the results are significantly affected by the accuracy of demand and supply forecast.

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The Daily Peak Load Forecasting in Summer with the Sensitivity of Temperature (온도에 대한 민감도를 고려한 하절기 일 최대전력수요 예측)

  • 공성일;백영식;송경빈;박지호
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.6
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    • pp.358-363
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    • 2004
  • Due to the weather sensitivity of the power load, it is difficult to forecast accurately the peak power load of summer season. We improve the accuracy of the load forecasting considering weather condition. We introduced the sensitivity of temperature and proposed an improved forecasting algorithm. The proposed algorithm shows that the error of the load forecasting is 1.5%.

Production Volume Forecast using Neural Networks (신경회로망을 이용한 생산량 예측에 관한 연구)

  • Lee, Oh-Keol;Song, Ho-Shin
    • Proceedings of the KIEE Conference
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    • 2001.07e
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    • pp.62-64
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    • 2001
  • This paper presents a forecasting method for production volume of each model manufacture d goods by using Back-Propagation technique of Neural Networks. As the learning constant and the momentum constant are respectively 0.65 and 0.94, the teaming number is the least, and the forecating accuracy is the highest. When the learning process is more than 1,000 times, the accurate forecating was possible regardless of kind of product.

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The 24 Hourly Load Forecasting of the Election Day Using the Load Variation Rate (부하변동율을 이용한 선거일의 24시간 수요예측)

  • Song, Kyung-Bin
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.59 no.6
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    • pp.1041-1045
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    • 2010
  • Short-term electric load forecasting of power systems is essential for the power system stability and the efficient power system operation. An accurate load forecasting scheme improves the power system security and saves some economic losses in power system operations. Due to scarcity of the historical same type of holiday load data, most big electric load forecasting errors occur on load forecasting for the holidays. The fuzzy linear regression model has showed good accuracy for the load forecasting of the holidays. However, it is not good enough to forecast the load of the election day. The concept of the load variation rate for the load forecasting of the election day is introduced. The proposed algorithm shows its good accuracy in that the average percentage error for the short-term 24 hourly loads forecasting of the election days is 2.27%. The accuracy of the proposed 24 hourly loads forecasting of the election days is compared with the fuzzy linear regression method. The proposed method gives much better forecasting accuracy with overall average error of 2.27%, which improved about average error of 2% as compared to the fuzzy linear regression method.

A Study on Accuracy of Meteorological Information for Low Altitude Aerospace around the Airport on the West Coast (서해안 인접공항의 저고도 항공기상 정확도 연구)

  • Cho, Young-Jin;Yoo, Kwang Eui
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.28 no.2
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    • pp.53-62
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    • 2020
  • This study is to evaluate the accuracy of the meteorological information provided for the aircraft operating at low altitude. At first, it is necessary to identify crucial elements of weather information closely related to flight safety during low altitude flights. The study conducted a survey of pilots of low altitude aircraft, divided into pre-flight and in-flight phases, and reached an opinion that wind direction, wind speed, cloud coverage and ceiling and visibility are important items. Related to these items, we compared and calculated the accuracy of TAFs and METARs from Taean Airfield, Seosan Airport and Gunsan Airport because of their high number of domestic low-altitude flights. Accuracy analysis evaluated the accuracy of two numerical variables, Mean Absolute Error(MAE) and Root Mean Square Error(RMSE), and the cloud coverage which is categorical variable was calculated and compared by accuracy. For numeric variables, one-way ANOVA, which is a parameter-test, was approached to identify differences between actual forecast values and observations based on absolute errors for each item derived from the results of MAE and RMSE accuracy analyses. To determine the satisfaction of both normality assumptions and equivalence variability assumptions, the Shapiro-Wilk test was performed to verify that they do not have a normality distribution for numerical variables, and for the non-parametric test, Kruscal-Wallis test was conducted to determine whether or not they are satisfied.