• Title/Summary/Keyword: MAPE(Mean Absolute Percentage Error)

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Short-Term Water Demand Forecasting Algorithm Using AR Model and MLP (AR모델과 MLP를 이용한 단기 물 수요 예측 알고리즘 개발)

  • Choi, Gee-Seon;Yu, Chool;Jin, Ryuk-Min;Yu, Seong-Keun;Chun, Myung-Geun
    • Journal of the Korean Institute of Intelligent Systems
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    • v.19 no.5
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    • pp.713-719
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    • 2009
  • In this paper, we develope a water demand forecasting algorithm using AR(Auto-regressive) and MLP(Multi-layer perceptron). To show effectiveness of the proposed method, we analyzed characteristics of time-series data collected in "A" purification plant at Jeon-Buk province during 2007-2008, and then performed the proposed method with various input factors selected through various analyses. As noted in experimental results, the performance of three types model such as multi-regressive, AR(Auto-regressive), and AR+MLP(Auto-regressive + Multi-layer perceptron) show 5.1%, 3.8%, and 3.6% with respect to MAPE(Mean Absolute Percentage Error), respectively. Thus, it is noted that the proposed method can be used to predict short-term water demand for the efficient operation of a water purification plant.

Analysis of the Influence of Shipping Policies on the Expansion of Korea's Merchant Fleet Using System Dynamics (시스템 다이내믹스를 이용한 해운정책이 우리나라 외항선대 증가에 미친 영향에 관한 연구)

  • Kim, Sung-Bum;Jeon, Jun-Woo;Yeo, Gi-Tae
    • Journal of Korea Port Economic Association
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    • v.31 no.2
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    • pp.23-40
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    • 2015
  • This study measures how Korean shipping policies influence the expansion of the country's merchant fleet using system dynamics. It uses various indexes as factors influencing the gross tonnage of the Korean merchant fleet, such as the Baltic Dry Index, Howe Robinson Container Index, China Containerized Freight Index, and Worldscale Index, as well as the US dollar-Korean won exchange rate, world merchant fleet statistics, and the debt ratio of Korean shipping companies. After establishing the simulation model, the mean absolute percentage error is found to be less than 10%, confirming the accuracy of the model. Therefore, a sensitivity analysis is conducted to measure the influence of the selected shipping policies, including the gross tonnage of vessels registered under the Korean second registry system, loans of publicly owned financial institutions to shipping companies, ship investment fund, and the number of shipping companies participating in the tonnage tax scheme. The sensitivity analysis reveals that the influence of vessel tonnage and loans to shipping companies is the most significant, while that of the number of companies participating in the tonnage tax scheme is minimal.

Prediction of time dependent local scour around bridge piers in non-cohesive and cohesive beds using machine learning technique (기계학습을 이용한 비점성토 및 점성토 지반에서 시간의존 교각주위 국부세굴의 예측)

  • Choi, Sung-Uk;Choi, Seongwook;Choi, Byungwoong
    • Journal of Korea Water Resources Association
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    • v.54 no.12
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    • pp.1275-1284
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    • 2021
  • This paper presents a machine learning technique applied to prediction of time-dependent local scour around bridge piers in both non-cohesive and cohesive beds. The support vector machines (SVM), which is known to be free from overfitting, is used. The time-dependent scour depths are expressed by 7 and 9 variables for the non-cohesive and cohesive beds, respectively. The SVM models are trained and validated with time series data from different sources of experiments. Resulting Mean Absolute Percentage Error (MAPE) indicates that the models are trained and validated properly. Comparisons are made with the results from Choi and Choi's formula and Scour Rate in Cohesive Soils (SRICOS) method by Briaud et al., as well as measured data. This study reveals that the SVM is capable of predicting time-dependent local scour in both non-cohesive and cohesive beds under the condition that sufficient data of good quality are provided.

Forecasting the Volume of Imported Passenger Cars at PyeongTaek·Dangjin Port Using System Dynamics (시스템다이내믹스를 활용한 평택·당진항 수입 승용차 물동량 예측에 관한 연구)

  • Lee, Jae-Gu;Lee, Ki-Hwan
    • Journal of Navigation and Port Research
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    • v.44 no.6
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    • pp.517-523
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    • 2020
  • Pyeongtaek·Dangjin port handles the largest volume of finished vehicles in Korea, including more than 95% of imported cars. However, since the volume of imported cars has been stagnant since 2015, officials planning to invest in port development or automobile-related industries must make new forecasts. Economic variables such as the GDP often have been used in predicting automobile volume, but prior research showed that the impact of these economic variables on automobile volume I has been gradually decreasing in developed countries. These variables remain important predictors, however, in developing countries that experience rapid economic growth. In this study, predicting the volume of imported passenger cars at Pyeongtaek·Dangjin port, the decreasing Korean population was a major factor we considered. Our forecast showed that the volume of imported passenger cars at Pyeongtaek·Dangjin port will gradually decrease -by 2021. The Mean Absolute Percentage Error (MAPE) verification was performed to measure the accuracy of the predicted results, and the scenario analysis was performed on the share of imported passenger cars.

An Application of Machine Learning in Retail for Demand Forecasting

  • Muhammad Umer Farooq;Mustafa Latif;Waseemullah;Mirza Adnan Baig;Muhammad Ali Akhtar;Nuzhat Sana
    • International Journal of Computer Science & Network Security
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    • v.23 no.9
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    • pp.1-7
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    • 2023
  • Demand prediction is an essential component of any business or supply chain. Large retailers need to keep track of tens of millions of items flows each day to ensure smooth operations and strong margins. The demand prediction is in the epicenter of this planning tornado. For business processes in retail companies that deal with a variety of products with short shelf life and foodstuffs, forecast accuracy is of the utmost importance due to the shifting demand pattern, which is impacted by an environment of dynamic and fast response. All sectors strive to produce the ideal quantity of goods at the ideal time, but for retailers, this issue is especially crucial as they also need to effectively manage perishable inventories. In light of this, this research aims to show how Machine Learning approaches can help with demand forecasting in retail and future sales predictions. This will be done in two steps. One by using historic data and another by using open data of weather conditions, fuel, Consumer Price Index (CPI), holidays, any specific events in that area etc. Several machine learning algorithms were applied and compared using the r-squared and mean absolute percentage error (MAPE) assessment metrics. The suggested method improves the effectiveness and quality of feature selection while using a small number of well-chosen features to increase demand prediction accuracy. The model is tested with a one-year weekly dataset after being trained with a two-year weekly dataset. The results show that the suggested expanded feature selection approach provides a very good MAPE range, a very respectable and encouraging value for anticipating retail demand in retail systems.

An Application of Machine Learning in Retail for Demand Forecasting

  • Muhammad Umer Farooq;Mustafa Latif;Waseem;Mirza Adnan Baig;Muhammad Ali Akhtar;Nuzhat Sana
    • International Journal of Computer Science & Network Security
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    • v.23 no.8
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    • pp.210-216
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    • 2023
  • Demand prediction is an essential component of any business or supply chain. Large retailers need to keep track of tens of millions of items flows each day to ensure smooth operations and strong margins. The demand prediction is in the epicenter of this planning tornado. For business processes in retail companies that deal with a variety of products with short shelf life and foodstuffs, forecast accuracy is of the utmost importance due to the shifting demand pattern, which is impacted by an environment of dynamic and fast response. All sectors strive to produce the ideal quantity of goods at the ideal time, but for retailers, this issue is especially crucial as they also need to effectively manage perishable inventories. In light of this, this research aims to show how Machine Learning approaches can help with demand forecasting in retail and future sales predictions. This will be done in two steps. One by using historic data and another by using open data of weather conditions, fuel, Consumer Price Index (CPI), holidays, any specific events in that area etc. Several machine learning algorithms were applied and compared using the r-squared and mean absolute percentage error (MAPE) assessment metrics. The suggested method improves the effectiveness and quality of feature selection while using a small number of well-chosen features to increase demand prediction accuracy. The model is tested with a one-year weekly dataset after being trained with a two-year weekly dataset. The results show that the suggested expanded feature selection approach provides a very good MAPE range, a very respectable and encouraging value for anticipating retail demand in retail systems.

Optimized inverse distance weighted interpolation algorithm for γ radiation field reconstruction

  • Biao Zhang;Jinjia Cao;Shuang Lin;Xiaomeng Li;Yulong Zhang;Xiaochang Zheng;Wei Chen;Yingming Song
    • Nuclear Engineering and Technology
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    • v.56 no.1
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    • pp.160-166
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    • 2024
  • The inversion of radiation field distribution is of great significance in the decommissioning sites of nuclear facilities. However, the radiation fields often contain multiple mixtures of radionuclides, making the inversion extremely difficult and posing a huge challenge. Many radiation field reconstruction methods, such as Kriging algorithm and neural network, can not solve this problem perfectly. To address this issue, this paper proposes an optimized inverse distance weighted (IDW) interpolation algorithm for reconstructing the gamma radiation field. The algorithm corrects the difference between the experimental and simulated scenarios, and the data is preprocessed with normalization to improve accuracy. The experiment involves setting up gamma radiation fields of three Co-60 radioactive sources and verifying them by using the optimized IDW algorithm. The results show that the mean absolute percentage error (MAPE) of the reconstruction result obtained by using the optimized IDW algorithm is 16.0%, which is significantly better than the results obtained by using the Kriging method. Importantly, the optimized IDW algorithm is suitable for radiation scenarios with multiple radioactive sources, providing an effective method for obtaining radiation field distribution in nuclear facility decommissioning engineering.

Estimation of Individual Vehicle Speed Using Single Sensor Configurations (단일 센서(Single Sensor)를 활용한 차량속도 추정에 관한 연구)

  • Oh, Ju-Sam;Kim, Jong-Hoon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.3D
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    • pp.461-467
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    • 2006
  • To detect individual vehicular speed, double loop detection technique has been widely used. This paper investigates four methodologies to measure individual speed using only a single loop sensor in a traveling lane. Two methods developed earlier include estimating the speed by means of (Case 1) the slop of inductance wave form generated by the sensor and (Case 2) the average vehicle lengths. Two other methods are newly developed through this study, which are estimations by measuring (Case 3) the mean of wheelbases using the sensor installed traversal to the traveling lane and (Case 4) the mean of wheel tracks by the sensor installed diagonally to the traveling lane. These four methodologies were field-tested and their accuracy of speed output was compared statistically. This study used Equality Coefficient and Mean Absolute Percentage Error for the assessment. It was found that the method (Case 1) was best accurate, followed by method (Case 4), (Case 2), and (Case 3).

Simultaneous Estimation of State of Charge and Capacity using Extended Kalman Filter in Battery Systems (확장칼만필터를 활용한 배터리 시스템에서의 State of Charge와 용량 동시 추정)

  • Mun, Yejin;Kim, Namhoon;Ryu, Jihoon;Lee, Kyungmin;Lee, Jonghyeok;Cho, Wonhee;Kim, Yeonsoo
    • Korean Chemical Engineering Research
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    • v.60 no.3
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    • pp.363-370
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    • 2022
  • In this paper, an estimation algorithm for state of charge (SOC) was applied using an equivalent circuit model (ECM) and an Extended Kalman Filter (EKF) to improve the estimation accuracy of the battery system states. In particular, an observer was designed to estimate SOC along with the aged capacity. In the case of the fresh battery, when SOC was estimated by Kalman Filter (KF), the mean absolute percentage error (MAPE) was 0.27% which was smaller than MAPE of 1.43% when the SOC was calculated by the model without the observer. In the driving mode of the vehicle, the general KF or EKF algorithm cannot be used to estimate both SOC and capacity. Considering that the battery aging does not occur in a short period of time, a strategy of periodically estimating the battery capacity during charging was proposed. In the charging mode, since the current is fixed at some intervals, a strategy for estimating the capacity along with the SOC in this situation was suggested. When the current was fixed, MAPE of SOC estimation was 0.54%, and the MAPE of capacity estimation was 2.24%. Since the current is fixed when charging, it is feasible to estimate the battery capacity and SOC simultaneously using the general EKF. This method can be used to periodically perform battery capacity correction when charging the battery. When driving, the SOC can be estimated using EKF with the corrected capacity.

Forecasting Hourly Demand of City Gas in Korea (국내 도시가스의 시간대별 수요 예측)

  • Han, Jung-Hee;Lee, Geun-Cheol
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.2
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    • pp.87-95
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    • 2016
  • This study examined the characteristics of the hourly demand of city gas in Korea and proposed multiple regression models to obtain precise estimates of the hourly demand of city gas. Forecasting the hourly demand of city gas with accuracy is essential in terms of safety and cost. If underestimated, the pipeline pressure needs to be increased sharply to meet the demand, when safety matters. In the opposite case, unnecessary inventory and operation costs are incurred. Data analysis showed that the hourly demand of city gas has a very high autocorrelation and that the 24-hour demand pattern of a day follows the previous 24-hour demand pattern of the same day. That is, there is a weekly cycle pattern. In addition, some conditions that temperature affects the hourly demand level were found. That is, the absolute value of the correlation coefficient between the hourly demand and temperature is about 0.853 on average, while the absolute value of the correlation coefficient on a specific day improves to 0.861 at worst and 0.965 at best. Based on this analysis, this paper proposes a multiple regression model incorporating the hourly demand ahead of 24 hours and the hourly demand ahead of 168 hours, and another multiple regression model with temperature as an additional independent variable. To show the performance of the proposed models, computational experiments were carried out using real data of the domestic city gas demand from 2009 to 2013. The test results showed that the first regression model exhibits a forecasting accuracy of MAPE (Mean Absolute Percentage Error) around 4.5% over the past five years from 2009 to 2013, while the second regression model exhibits 5.13% of MAPE for the same period.