• Title/Summary/Keyword: Forecasting system

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A Comparative Analysis of Forecasting Models and its Application (수요예측 모형의 비교분석과 적용)

  • 강영식
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.44
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    • pp.243-255
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    • 1997
  • Forecasting the future values of an observed time series is an important problem in many areas, including economics, traffic engineering, production planning, sales forecasting, and stock control. The purpose of this paper is aimed to discover the more efficient forecasting model through the parameter estimation and residual analysis among the quantitative method such as Winters' exponential smoothing model, Box-Jenkins' model, and Kalman filtering model. The mean of the time series is assumed to be a linear combination of known functions. For a parameter estimation and residual analysis, Winters', Box-Jenkins' model use Statgrap and Timeslab software, and Kalman filtering utilizes Fortran language. Therefore, this paper can be used in real fields to obtain the most effective forecasting model.

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A Study on Demanding forecasting Model of a Cadastral Surveying Operation by analyzing its primary factors (지적측량업무 영향요인 분석을 통한 수요예측모형 연구)

  • Song, Myeong-Suk
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.477-481
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    • 2007
  • The purpose of this study is to provide the ideal forecasting model of cadastral survey work load through the Economeatric Analysis of Time Series, Granger Causality and VAR Model Analysis, it suggested the forecasting reference materials for the total amount of cadastral survey general work load. The main result is that the derive of the environment variables which affect cadastral survey general work load and the outcome of VAR(vector auto regression) analysis materials(impulse response function and forecast error variance decomposition analysis materials), which explain the change of general work load depending on altering the environment variables. And also, For confirming the stability of time series data, we took a unit root test, ADF(Augmented Dickey-Fuller) analysis and the time series model analysis derives the best cadastral forecasting model regarding on general cadastral survey work load. And also, it showed up the various standards that are applied the statistical method of econometric analysis so it enhanced the prior aggregate system of cadastral survey work load forecasting.

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Use of High-performance Graphics Processing Units for Power System Demand Forecasting

  • He, Ting;Meng, Ke;Dong, Zhao-Yang;Oh, Yong-Taek;Xu, Yan
    • Journal of Electrical Engineering and Technology
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    • v.5 no.3
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    • pp.363-370
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    • 2010
  • Load forecasting has always been essential to the operation and planning of power systems in deregulated electricity markets. Various methods have been proposed for load forecasting, and the neural network is one of the most widely accepted and used techniques. However, to obtain more accurate results, more information is needed as input variables, resulting in huge computational costs in the learning process. In this paper, to reduce training time in multi-layer perceptron-based short-term load forecasting, a graphics processing unit (GPU)-based computing method is introduced. The proposed approach is tested using the Korea electricity market historical demand data set. Results show that GPU-based computing greatly reduces computational costs.

A Study on the Weekend Load Forecasting of Jeju System by using Temperature Changes Sensitivity (제주계통의 기온변화 민감도를 반영한 주말 전력수요예측)

  • Jeong, Hui-Won;Ku, Bon-Hui;Cha, Jun-Min
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.5
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    • pp.718-723
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    • 2016
  • The temperature changes are very important in improving the accuracy of the load forecasting during the summer. It is because the cooling load in summer contribute to the increasing of the load. This paper proposes a weekend load forecasting algorithm using the temperature change characteristic in a summer of Jeju. The days before and after weekends in Jeju, when the load curves are quite different from those of normal weekdays. The temperature change characteristic are obtained by using weekends peak load and high temperature data. And load forecasted based on the sensitivity between unit temperature changes and load variations. Load forecast data with better accuracy are obtained by using the proposed temperature changes than by using the ordinary daily peak load forecasting. The method can be used to reduce the error rate of load forecast.

Development of Neural Network System for Short-Term Load Forecasting for a Special Day (특수일 전력수요예측을 위한 신경회로망 시스템의 개발)

  • Kim, Kwang-Ho;Youn, Hyoung-Sun;Lee, Chul-Heui
    • Journal of Industrial Technology
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    • v.18
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    • pp.379-384
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    • 1998
  • Conventional short-term load forecasting techniques have limitation in their use on holidays due to dissimilar load behaviors of holidays and insufficiency of pattern data. Thus, a new short-term load forecasting method for special days in anomalous load conditions is proposed in this paper. The proposed method uses two Artificial Neural Networks(ANN); one is for the estimation of load curve, and the other is for the estimation of minimum and maximum value of load. The forecasting procedure is as follows. First, the normalized load curve is estimated by ANN. At next step, minimum and maximum values of load in a special day are estimated by another ANN. Finally, the estimate of load in a whole special day is obtained by combining these two outputs of ANNs. The proposed method shows a good performance, and it may be effectively applied to the practical situations.

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Time Series Analysis Using Neural Networks : Forecasting Performance Analysis with M1-Competition Data (신경망을 이용한 시계열 분석 : M1-Competition Data에 대한 예측성과 분석)

  • 지원철
    • Journal of Intelligence and Information Systems
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    • v.1 no.1
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    • pp.135-148
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    • 1995
  • Neural Networks have been advocated as an alternative to statistical forecasting methods. However, the empirical evidences are not consistent. In the present experiments, multi-layered perceptron (MLP) are adopted as approximator to the time series generating processes. To prevent the MLP from being overfitted to the given time series, the information obtained from ARMA modeling is used to determine the architecture of MLP. The proposed approach was tested empirically using the subsamples of the 111 time series used in the first Markridakis Competition. The forecasting results were analyzed to find out the factors that affect the performance of MLP. The experimental results show that the proposed approach outperforms ARMA models in terms of fitting and forecasting accuracy. In addition, it is found that the use of deseasonalized data improves the forecasting accuracy of MLP.

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Accuracy analysis of flood forecasting of a coupled hydrological and NWP (Numerical Weather Prediction) model

  • Nguyen, Hoang Minh;Bae, Deg-Hyo
    • Proceedings of the Korea Water Resources Association Conference
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    • 2017.05a
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    • pp.194-194
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    • 2017
  • Flooding is one of the most serious and frequently occurred natural disaster at many regions around the world. Especially, under the climate change impact, it is more and more increasingly trend. To reduce the flood damage, flood forecast and its accuracy analysis are required. This study is conducted to analyze the accuracy of the real-time flood forecasting of a coupled meteo-hydrological model for the Han River basin, South Korea. The LDAPS (Local Data Assimilation and Prediction System) products with the spatial resolution of 1.5km and lead time of 36 hours are extracted and used as inputs for the SURR (Sejong University Rainfall-Runoff) model. Three statistical criteria consisting of CC (Corelation Coefficient), RMSE (Root Mean Square Error) and ME (Model Efficiency) are used to evaluate the performance of this couple. The results are expected that the accuracy of the flood forecasting reduces following the increase of lead time corresponding to the accuracy reduction of LDAPS rainfall. Further study is planed to improve the accuracy of the real-time flood forecasting.

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Intelligent Traffic Forecasting System using Fuzzy Logic (Fuzzy 논리를 이용한 지능형 교통 혼잡도 예측 시스템 설계)

  • 김종국;김종원;조현찬;서화일;이재협;백승철
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 2001.12a
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    • pp.99-102
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    • 2001
  • It has well known that the congestion of traffic and it's distribution. There are very important problems in the traffic control systems. In this paper, we will purpose an ITFS(Intelligent Traffic Forecasting System) which can determine the car classes and transport them to ITS(Intelligent Traffic control System). The system will be used the Inductive Loop Detector(ILD)and the Fuzzy logic and shown the effectiveness by the computer simulation.

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Forecasting High-Level Ozone Concentration with Fuzzy Clustering (퍼지 클러스터링을 이용한 고농도오존예측)

  • 김재용;김성신;왕보현
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 2001.05a
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    • pp.191-194
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    • 2001
  • The ozone forecasting systems have many problems because the mechanism of the ozone concentration is highly complex, nonlinear, and nonstationary. Also, the results of prediction are not a good performance so far, especially in the high-level ozone concentration. This paper describes the modeling method of the ozone prediction system using neuro-fuzzy approaches and fuzzy clustering. The dynamic polynomial neural network (DPNN) based upon a typical algorithm of GMDH (group method of data handling) is a useful method for data analysis, identification of nonlinear complex system, and prediction of a dynamical system.

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Development and Evaluation of an Ensemble Forecasting System for the Regional Ocean Wave of Korea (앙상블 지역 파랑예측시스템 구축 및 검증)

  • Park, JongSook;Kang, KiRyong;Kang, Hyun-Suk
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.30 no.2
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    • pp.84-94
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    • 2018
  • In order to overcome the limitation of deterministic forecast, an ensemble forecasting system for regional ocean wave is developed. This system predicts ocean wind waves based on the meteorological forcing from the Ensemble Prediction System for Global of the Korea Meteorological Administration, which is consisted of 24 ensemble members. The ensemble wave forecasting system is evaluated by using the moored buoy data around Korea. The root mean squared error (RMSE) of ensemble mean showed the better performance than the deterministic forecast system after 2 days, especially RMSE of ensemble mean is improved by 15% compared with the deterministic forecast for 3-day lead time. It means that the ensemble method could reduce the uncertainty of the deterministic prediction system. The Relative Operating Characteristic as an evaluation scheme of probability prediction was bigger than 0.9 showing high predictability, meaning that the ensemble wave forecast could be usefully applied.