• Title/Summary/Keyword: Optimal forecasting system

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Optimization of the Processing Conditions and Prediction of the Quality for Dyeing Nylon and Lycra Blended Fabrics

  • Kuo Chung-Feng Jeffrey;Fang Chien-Chou
    • Fibers and Polymers
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    • v.7 no.4
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    • pp.344-351
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    • 2006
  • This paper is intended to determine the optimal processing parameters applied to the dyeing procedure so that the desired color strength of a raw fabric can be achieved. Moreover, the processing parameters are also used for constructing a system to predict the fabric quality. The fabric selected is the nylon and Lycra blend. The dyestuff used for dyeing is acid dyestuff and the dyeing method is one-bath-two-section. The Taguchi quality method is applied for parameter design. The analysis of variance (ANOVA) is applied to arrange the optimal condition, significant factors and the percentage contributions. In the experiment, according to the target value, a confirmation experiment is conducted to evaluate the reliability. Furthermore, the genetic algorithm (GA) is combined with the back propagation neural network (BPNN) in order to establish the forecasting system for searching the best connecting weights of BPNN. It can be shown that this combination not only enhances the efficiency of the learning algorithm, but also decreases the dependency of the initial condition during the network training. Most of all, the robustness of the learning algorithm will be increased and the quality characteristic of fabric will be precisely predicted.

Determining the optimal number of cases to combine in a case-based reasoning system for eCRM

  • Hyunchul Ahn;Kim, Kyoung-jae;Ingoo Han
    • Proceedings of the KAIS Fall Conference
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    • 2003.11a
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    • pp.178-184
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    • 2003
  • Case-based reasoning (CBR) often shows significant promise for improving effectiveness of complex and unstructured decision making. Consequently, it has been applied to various problem-solving areas including manufacturing, finance and marketing. However, the design of appropriate case indexing and retrieval mechanisms to improve the performance of CBR is still challenging issue. Most of previous studies to improve the effectiveness for CBR have focused on the similarity function or optimization of case features and their weights. However, according to some of prior researches, finding the optimal k parameter for k-nearest neighbor (k-NN) is also crucial to improve the performance of CBR system. Nonetheless, there have been few attempts which have tried to optimize the number of neighbors, especially using artificial intelligence (AI) techniques. In this study, we introduce a genetic algorithm (GA) to optimize the number of neighbors to combine. This study applies the new model to the real-world case provided by an online shopping mall in Korea. Experimental results show that a GA-optimized k-NN approach outperforms other AI techniques for purchasing behavior forecasting.

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Analysis of ensemble streamflow prediction effect on deriving dam releases for water supply (용수공급을 위한 댐 방류량 결정에서의 앙상블 유량 예측 효과 분석)

  • Kim, Yeonju;Kim, Gi Joo;Kim, Young-Oh
    • Journal of Korea Water Resources Association
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    • v.56 no.12
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    • pp.969-980
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    • 2023
  • Since the 2000s, ensemble streamflow prediction (ESP) has been actively utilized in South Korea, primarily for hydrological forecasting purposes. Despite its notable success in hydrological forecasting, the original objective of enhancing water resources system management has been relatively overlooked. Consequently, this study aims to demonstrate the utility of ESP in water resources management by creating a simple hypothetical exercise for dam operators and applying it to actual multi-purpose dams in South Korea. The hypothetical exercise showed that even when the means of ESP are identical, different costs can result from varying standard deviations. Subsequently, using sampling stochastic dynamic programming (SSDP) and considering the capacity-inflow ratio (CIR), optimal release patterns were derived for Soyang Dam (CIR = 1.345) and Chungju Dam (CIR = 0.563) based on types W and P. For this analysis, Type W was defined with standard deviation equal to the mean inflow, and Type P with standard deviation ten times of the mean inflow. Simulated operations were conducted from 2020 to 2022 using the derived optimal releases. The results indicate that in the case of Dam Chungju, more aggressive optimal release patterns were derived under types with smaller standard deviations, and the simulated operations demonstrated satisfactory outcomes. Similarly, Soyang Dam exhibited similar results in terms of optimal release, but there was no significant difference in the simulation between types W and P due to its large CIR. Ultimately, this study highlights that even with the same mean values, the standard deviation of ESP impacts optimal release patterns and outcomes in simulation. Additionally, it underscores that systems with smaller CIRs are more sensitive to such uncertainties. Based on these findings, there is potential for improvements in South Korea's current operational practices, which rely solely on single representative values for water resources management.

Forecasting and Evaluation of the Accident Rate and Fatal Accident in the Construction Industries (건설업에서 재해율과 업무상 사고 사망의 예측 및 평가)

  • Kang, Young-Sig
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.1
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    • pp.87-94
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    • 2017
  • Many industrial accidents have occurred continuously in the manufacturing industries, construction industries, and service industries of Korea. Fatal accidents have occurred most frequently in the construction industries of Korea. Especially, the trend analysis of the accident rate and fatal accident rate is very important in order to prevent industrial accidents in the construction industries systematically. This paper considers forecasting of the accident rate and fatal accident rate with static and dynamic time series analysis methods in the construction industries. Therefore, this paper describes the optimal accident rate and fatal accident rate by minimization of the sum of square errors (SSE) among regression analysis method (RAM), exponential smoothing method (ESM), double exponential smoothing method (DESM), auto-regressive integrated moving average (ARIMA) model, proposed analytic function model (PAFM), and kalman filtering model (KFM) with existing accident data in construction industries. In this paper, microsoft foundation class (MFC) soft of Visual Studio 2008 was used to predict the accident rate and fatal accident rate. Zero Accident Program developed in this paper is defined as the predicted accident rate and fatal accident rate, the zero accident target time, and the zero accident time based on the achievement probability calculated rationally and practically. The minimum value for minimizing SSE in the construction industries was found in 0.1666 and 1.4579 in the accident rate and fatal accident rate, respectively. Accordingly, RAM and ARIMA model are ideally applied in the accident rate and fatal accident rate, respectively. Finally, the trend analysis of this paper provides decisive information in order to prevent industrial accidents in construction industries very systematically.

Developing Cryptocurrency Trading Strategies with Time Series Forecasting Model (시계열 예측 모델을 활용한 암호화폐 투자 전략 개발)

  • Hyun-Sun Kim;Jae Joon Ahn
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.4
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    • pp.152-159
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    • 2023
  • This study endeavors to enrich investment prospects in cryptocurrency by establishing a rationale for investment decisions. The primary objective involves evaluating the predictability of four prominent cryptocurrencies - Bitcoin, Ethereum, Litecoin, and EOS - and scrutinizing the efficacy of trading strategies developed based on the prediction model. To identify the most effective prediction model for each cryptocurrency annually, we employed three methodologies - AutoRegressive Integrated Moving Average (ARIMA), Long Short-Term Memory (LSTM), and Prophet - representing traditional statistics and artificial intelligence. These methods were applied across diverse periods and time intervals. The result suggested that Prophet trained on the previous 28 days' price history at 15-minute intervals generally yielded the highest performance. The results were validated through a random selection of 100 days (20 target dates per year) spanning from January 1st, 2018, to December 31st, 2022. The trading strategies were formulated based on the optimal-performing prediction model, grounded in the simple principle of assigning greater weight to more predictable assets. When the forecasting model indicates an upward trend, it is recommended to acquire the cryptocurrency with the investment amount determined by its performance. Experimental results consistently demonstrated that the proposed trading strategy yields higher returns compared to an equal portfolio employing a buy-and-hold strategy. The cryptocurrency trading model introduced in this paper carries two significant implications. Firstly, it facilitates the evolution of cryptocurrencies from speculative assets to investment instruments. Secondly, it plays a crucial role in advancing deep learning-based investment strategies by providing sound evidence for portfolio allocation. This addresses the black box issue, a notable weakness in deep learning, offering increased transparency to the model.

An application of the Computer Simulation Model for Stochastic Inventory System (최적재고정책(最適在庫政策)을 위한 컴퓨터 시물레이숀 모델)

  • Sin, Hyeon-Pyo
    • Journal of Korean Institute of Industrial Engineers
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    • v.2 no.1
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    • pp.79-83
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    • 1976
  • This paper deals with a computer simulation for the stochastic inventory system in which the decision rules are associated with the problem of forecasting uncertain demand, lead time, and amount of shortages. The model consists of mainly three parts; part I$\cdots$the model calculates the expected demand during lead time through the built-in subrou tine program for random number generator and the probability distribution of the demand, part II$\cdots$the model calculates all the possible expected shortages per lead time period, part III$\cdots$finally the model calculates all the possible total inventory cost over the simulation period. These total inventory costs are compared for searching the optimal inventory cost with the best ordering quantity and reorder point. An application example of the simulation program is given.

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Mobile Traffic Trends (모바일 트래픽 동향)

  • Jahng, J.H.;Park, S.K.
    • Electronics and Telecommunications Trends
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    • v.34 no.3
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    • pp.106-113
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    • 2019
  • Mobile traffic is one of the most important indexes of the growth of the mobile communications market, and it has a close relationship with subscribers' service usage patterns, frequency demand and supply, network management, and information communication policy. The purpose of this paper is to understand mobile data usage in Korea and to suggest the optimal steps for establishing the frequency supply and demand system by researching the traffic trends that reflect the characteristics of radio resources in the mobile communications field. To achieve this goal, attempts were made to increase the possibility of policy use by analyzing and forecasting mobile traffic trends, and to improve the accuracy of the research through the verification of the existing prediction results. The paper ends with a discussion of the necessity of a frequency management system based on data science.

A Study on the Optimum Navigation Route Safety Assessment System using Real Time Weather Forecasting (실시간 기상 정보를 이용한 최적 항로 안전 평가 시스템의 연구)

  • Choi, Kyong-Soon;Park, Myung-Kyu;Lee, Jin-Ho;Park, Gun-Il
    • Proceedings of KOSOMES biannual meeting
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    • 2007.05a
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    • pp.203-210
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    • 2007
  • This paper treats optimal route safety assessment system at seaway based on weather forecasting data through INMARSAT. Since early times, captain have been sailing to select the optimum route considering the weather, ship loading status condition and operational scheduling empirically. However, it is rare to find digitalized onboard route support system whereas weather facsimile or wave and swell chart are utilized for the officer, based on captain's experience. In this paper, optimal route safety assessment system which is composed of voyage efficiency and safety component is introduced. Optimum route minimized ETA(estimated time of arrival) and fuel consumption that shipping company. and captain are requiring to evaluate for efficient voyage considering speed loss and power increase based on wave added resistance of ship. In the view point of safety, seakeeping prediction is performed based on 3 dimensional panel method Basically, the weather forecast is assumed to be prepared previously in order to operate this system.

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Improvement of the Ensemble Streamflow Prediction System Using Optimal Linear Correction (최적선형보정을 이용한 앙상블 유량예측 시스템의 개선)

  • Jeong, Dae-Il;Lee, Jae-Kyoung;Kim, Young-Oh
    • Journal of Korea Water Resources Association
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    • v.38 no.6 s.155
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    • pp.471-483
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    • 2005
  • A monthly Ensemble Streamflow Prediction (ESP) system was developed by applying a daily rainfall-runoff model known as the Streamflow Synthesis and Reservoir Regulation (SSARR) model to the Han, Nakdong, and Seomjin River basins in Korea. This study first assesses the accuracy of the averaged monthly runoffs simulated by SSARR for the 3 basins and proposes some improvements. The study found that the SSARR modeling of the Han and Nakdong River basins tended to significantly underestimate the actual runoff levels and the modeling of the Seomjin River basinshowed a large error variance. However, by implementing optimal linear correction (OLC), the accuracy of the SSARR model was considerably improved in predicting averaged monthly runoffs of the Han and Nakdong River basins. This improvement was not seen in the modeling of the Seomjin River basin. In addition, the ESP system was applied to forecast probabilistic runoff forecasts one month in advance for the 3 river basins from 1998 to 2003. Considerably improvement was also achieved with OLC in probabilistic forecasting accuracy for the Han and Nakdong River basins, but not in that of the Seomjin River basin.

Introduction of Optimum Navigation Route Assessment System based on Weather Forecasting and Seakeeping Prediction (기상 예보 및 내항성능을 고려한 최적 항로 평가 시스템의 도입)

  • Park Geon Il;Choi Kyong Soon;Lee Jin Ho;Kim Mun Sung
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.11a
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    • pp.61-70
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    • 2004
  • This paper treats optimal route assessment system at seaway based on weather forecasting and wave measurement through observation. Since early times. captain & officer have been sailing to select the optimum route considering the weather ana ship status condition empirically. However. it is rare to find digitalized onboard route support system whereas weather fax or wave and swell chart are utilized for the officer. based on officer's experience. In this paper, optimal route assessment system which is composed of voyage efficiency and safety component is introduced. Optimum route minimized ETA (estimated time of arrival) ana fuel consumption is evaluated for efficient voyage considering speed loss and power increase based on wave added resistance of ship. In the view point of safety, seakeeping prediction is performed based on 3 dimensional panel method. Basically. the weather forecast is assumed to be prepared previously in order to operate this system.

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