• Title/Summary/Keyword: Real-Time Forecasting System

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Development of a Cash Flow Forecasting Model for Housing Construction (공동주택 공사의 현금흐름 예측 모델 개발에 관한 연구)

  • Jang, Joo-Hwan;Kim, Ju-Hyung;Jee, Nam-Yong
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.3
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    • pp.257-265
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    • 2012
  • Many construction companies are simultaneously carrying out numerous projects in the housing construction industry. It is essential to accurately forecast the cash flow of a project through optimal process management and resource input in order to manage funds rationally and enhance the competitiveness of a company. Current cash flow forecasting methods offer lower accuracy due to a large gap between the revenue and expenditure element. Expenditure elements depends on the real-time changing actual cost for work performed. This research survey was conducted on the actual state of construction management of K company to investigate the problems of cash flow forecasting. To achieve this, the work process and construction management system were integrated to improve the cost management system of K company. To accurately forecast the cash flow of a project, revenue and expenditure elements were displayed in the total cash flow forecast window. This research is expected to assist in the implementation of a system of cash flow forecasting on housing construction by excluding negative elements of revenue and expenditure.

A dynamic Shortest Path Finding with Forecasting Result of Traffic Flow (교통흐름 예측 결과틀 적용한 동적 최단 경로 탐색)

  • Cho, Mi-Gyung
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.13 no.5
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    • pp.988-995
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    • 2009
  • One of the most popular services of Telematics is a shortest path finding from a starting point to a destination. In this paper, a dynamic shortest path finding system with forecasting result of traffic flow in the future was developed and various experiments to verify the performance of our system using real-time traffic information has been conducted. Traffic forecasting has been done by a prediction system using Bayesian network. It searched a dynamic shortest path, a static shortest path and an accumulated shortest path for the same starting point and destination and calculated their travel time to compare with one of its real shortest path. From the experiment, over 75%, the travel time of dynamic shortest paths is the closest to one of their real shortest paths than one of static shortest paths and accumulated shortest paths. Therefore, it is proved that finding a dynamic shortest path by applying traffic flows in the future for intermediated intersections can give more accurate traffic information and improve the quality of services of Telematics than finding a static shortest path applying by traffic flows of the starting time for intermediated intersections.

Establishment of flood forecasting and warning system in the un-gauged small and medium watershed through ODA (ODA사업을 통한 미계측 중소하천 유역 홍수예경보시스템 구축)

  • Koh, Deuk-Koo;Lee, Chihun;Jeon, Jeibok;Go, Sukhyon
    • Journal of Korea Water Resources Association
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    • v.54 no.6
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    • pp.381-393
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    • 2021
  • As part of the National Disaster Management Research Institute's Official Development Assistance (ODA) projects for transferring new technologies in the field of disaster-safety management, a flood forecasting and warning system was established in 2019 targeting the Borikhan in the Namxan River Basin in Bolikhamxai Province, Laos. In the target area, which is an ungauged small and medium river basin, observation stations for real-time monitoring of rainfall and runoff and alarm stations were installed, and a software that performs real-time data management and flood forecasting and warning functions was also developed. In order to establish a flood warning standard and develop a nomograph for flood prediction, hydraulic and hydrological analysis was performed based on the 30-year annual maximum daily rainfall data and river morphology survey results in the target area. This paper introduces the process and methodology used in this study, and presents the results of the system's applicability review based on the data observed and collected in 2020 after system installation.

Real-time Flood Forecasting Model Based on the Condition of Soil Moisture in the Watershed (유역토양수분 추적에 의한 실시간 홍수예측모형)

  • 김태철;박승기;문종필
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.37 no.5
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    • pp.81-89
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    • 1995
  • One of the most difficult problem to estimate the flood inflow is how to understand the effective rainfall. The effective rainfall is absolutely influenced by the condition of soil moisture in the watershed just before the storm event. DAWAST model developed to simulate the daily streamflow considering the meteologic and geographic characteristics in the Korean watersheds was applied to understand the soil moisture and estimate the effective rainfall rather accurately through the daily water balance in the watershed. From this soil moisture and effective rainfall, concentration time, dimensionless hydrograph, and addition of baseflow, the rainfall-runoff model for flood flow was developed by converting the concept of long-term runoff into short-term runoff. And, real-time flood forecasting model was also developed to forecast the flood-inflow hydrograph to the river and reservoir, and called RETFLO model. According to the model verification, RETFLO model can be practically applied to the medium and small river and reservoir to forecast the flood hydrograph with peak discharge, peak time, and volume. Consequently, flood forecasting and warning system in the river and the reservoir can be greatly improved by using personal computer.

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Real-time Recursive Forecasting Model of Stochastic Rainfall-Runoff Relationship (추계학적 강우-유출관계의 실시간 순환예측모형)

  • 박상우;남선우
    • Water for future
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    • v.25 no.4
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    • pp.109-119
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    • 1992
  • The purpose of this study is to develop real-time streamflow forecasting models in order to manage effectively the flood warning system and water resources during the storm. The stochastic system models of the rainfall-runoff process using in this study are constituted and applied the Recursive Least Square and the Instrumental Variable-Approximate Maximum Likelihood algorithm which can estimate recursively the optimal parameters of the model. Also, in order to improve the performance of streamflow forecasting, initial values of the model parameter and covariance matrix of parameter estimate errors were evaluated by using the observed historical data of the hourly rainfall-runoff, and the accuracy and applicability of the models developed in this study were examined by the analysis of the I-step ahead streamflow forecasts.

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Development of Decision Support System for Flood Forecasting and Warning in Urban Stream (도시하천의 홍수예·경보를 위한 의사결정지원시스템 개발)

  • Yi, Jaeeung
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.6B
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    • pp.743-750
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    • 2008
  • Due to unusual climate change and global warming, drought and flood happen frequently not only in Korea but also in all over the world. It leads to the serious damages and injuries in urban areas as well as rural areas. Since the concentration time is short and the flood flows increase urgently in urban stream basin, the chances of damages become large once heavy storm occurs. A decision support system for flood forecasting and warning in urban stream is developed as an alternative to alleviate the damages from heavy storm. It consists of model base management system based on ANFIS (Adaptive Neuro Fuzzy Inference System), database management system with real time data building capability and user friendly dialog generation and management system. Applying the system to the Tanceon river basin, it can forecast and warn the stream flows from the heavy storm in real time and alleviate the damages.

Real-time Flood Forecasting Model for the Medium and Small Watershed Using Recursive Parameter Optimization (매개변수 추적에 의한 중.소하천의 실시간 홍수예측모형)

  • Moon, Jong-Pil;Kim, Tai-Cheol
    • Proceedings of the Korean Society of Agricultural Engineers Conference
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    • 2001.10a
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    • pp.295-299
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    • 2001
  • To protect the flooding damages in Medium and Small watershed, it needs to set up flood warning system and develope Flood forecasting Model in real-time basis for medium and small watershed. In this study, it was able to minimize the error range between forecasted flood inflow and actual flood inflow, and forecast accurately the flood discharge some hours in advance by using simplex method recursively for the determination of the best parameters of RETFLO model. The result of RETFLO performance applied to several storm of Yugu river during 3 past years was very good with relative errors of 10% for comparison of total runoff volume and with one hour delayed peak time.

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Real-time Upstream Inflow Forecasting for Flood Management of Estuary Dam (담수호 홍수관리를 위한 상류 유입량 실시간 예측)

  • Kang, Min-Goo;Park, Seung-Woo;Kang, Moon-Seong
    • Journal of Korea Water Resources Association
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    • v.38 no.12 s.161
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    • pp.1061-1072
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    • 2005
  • A hydrological grey model is developed to forecast short-term river runoff from the Naju watershed located at upstream of the Youngsan estuary dam in Korea. The runoff of the Naju watershed is measured in real time at the Naju streamflow gauge station, which is a key station for forecasting the upstream inflow and operating the gates of the estuary dam in flood period. The model's governing equation is formulated on the basis of the grey system theory. The model parameters are reparameterized in combination with the grey system parameters and estimated with the annealing-simplex method In conjunction with an objective function, HMLE. To forecast accurately runoff, the fifth order differential equation was adopted as the governing equation of the model in consideration of the statistic values between the observed and forecast runoff. In calibration, RMSE values between the observed and simulated runoff of two and six Hours ahead using the model range from 3.1 to 290.5 $m^{3}/s,\;R^2$ values range from 0.909 to 0.999. In verification, RMSE values range from 26.4 to 147.4 $m^{3}/s,\;R^2$ values range from 0.940 to 0.998, compared to the observed data. In forecasting runoff in real time, the relative error values with lead-time and river stage range from -23.4 to $14.3\%$ and increase as the lead time increases. The results in this study demonstrate that the proposed model can reasonably and efficiently forecast runoff for one to six Hours ahead.

A Design and Implementation of a Windows Visual System for the Monitoring of Red Tide on the Internet (인터넷을 통한 적조 관측용 윈도우 비주얼 시스템의 설계 및 구현)

  • 박진우;손주영
    • Journal of Advanced Marine Engineering and Technology
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    • v.27 no.7
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    • pp.817-825
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    • 2003
  • The amount of damage suffered from the red tide occurring at the near shore is increasing rapidly. The Windows visual system discussed in this paper is developed in order to help minimize the damage. The system is focused on the monitoring the coastal environment. and forecasting the red tide occurrence. Although several similar systems are now existing. most of them are based on the web application. which cause the large response time. limited presentation ability of data. and inability of data storing at client side. The Windows visual system described in this paper operates on the Internet to get the ubiquitous access. One of three components of the Windows visual system. client system is developed as a Windows application in order to overcome the weak points of the previous systems. The gathering. analysis, and monitoring of data can be done at real time using the Windows visual system.

A Forecasting Method for Court Auction Information System using Exponential Smoothing (지수평활을 이용한 법원 경매 정보 시스템의 낙찰가 예측방법)

  • Oh, Kab-Suk
    • Journal of the Korea Society of Computer and Information
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    • v.11 no.5 s.43
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    • pp.59-67
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    • 2006
  • This paper proposes a forecasting method for court auction information system using exponential smoothing. The system forecast a highest bid price for claim analysis, and it is designed to offer an quota information by the bid price. For this realization, we implemented input interface of object data and web interface of information support. Input interface can be input, update and delete function and web interface is support some information of court auction object. We propose a forecasting method using exponential smoothing of a highest bid price for auto-claim analysis with real time information support and the results are verified the feasibility of the proposed method by experiment.

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