• Title/Summary/Keyword: Variability Forecasting

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Application of Artificial Neural Network Ensemble Model Considering Long-term Climate Variability: Case Study of Dam Inflow Forecasting in Han-River Basin (장기 기후 변동성을 고려한 인공신경망 앙상블 모형 적용: 한강 유역 댐 유입량 예측을 중심으로)

  • Kim, Taereem;Joo, Kyungwon;Cho, Wanhee;Heo, Jun-Haeng
    • Journal of Wetlands Research
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    • v.21 no.spc
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    • pp.61-68
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    • 2019
  • Recently, climate indices represented by quantifying atmospheric-ocean circulation patterns have been widely used to predict hydrologic variables for considering long-term climate variability. Hydrologic forecasting models based on artificial neural networks have been developed to provide accurate and stable forecasting performance. Forecasts of hydrologic variables considering climate variability can be effectively used for long-term management of water resources and environmental preservation. Therefore, identifying significant indicators for hydrologic variables and applying forecasting models still remains as a challenge. In this study, we selected representative climate indices that have significant relationships with dam inflow time series in the Han-River basin, South Korea for applying the dam inflow forecasting model. For this purpose, the ensemble empirical mode decomposition(EEMD) method was used to identify a significance between dam inflow and climate indices and an artificial neural network(ANN) ensemble model was applied to overcome the limitation of a single ANN model. As a result, the forecasting performances showed that the mean correlation coefficient of the five dams in the training period is 0.88, and the test period is 0.68. It can be expected to come out various applications using the relationship between hydrologic variables and climate variability in South Korea.

The Impact of Demand Features on the Performance of Hierarchical Forecasting : Case Study for Spare parts in the Navy (수요 특성이 계층적 수요예측법의 퍼포먼스에 미치는 영향 : 해군 수리부속 사례 연구)

  • Moon, Seong-Min
    • Korean Management Science Review
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    • v.29 no.1
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    • pp.101-114
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    • 2012
  • The demand for naval spare parts is intermittent and erratic. This feature, referred to as non-normal demand, makes forecasting difficult. Hierarchical forecasting using an aggregated time series can be more reliable to predict non-normal demand than direct forecasting. In practice the performance of hierarchical forecasting is not always superior to direct forecasting. The relative performance of the alternative forecasting methods depends on the demand features. This paper analyses the influence of the demand features on the performance of the alternative forecasting methods that use hierarchical and direct forecasting. Among various demand features variability, kurtosis, skewness and equipment groups are shown to significantly influence on the performance of the alternative forecasting methods.

A Study of Short Term Forecasting of Daily Water Demand Using SSA (SSA를 이용한 일 단위 물수요량 단기 예측에 관한 연구)

  • Kwon, Hyun-Han;Moon, Young-Il
    • Journal of Korean Society of Water and Wastewater
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    • v.18 no.6
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    • pp.758-769
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    • 2004
  • The trends and seasonalities of most time series have a large variability. The result of the Singular Spectrum Analysis(SSA) processing is a decomposition of the time series into several components, which can often be identified as trends, seasonalities and other oscillatory series, or noise components. Generally, forecasting by the SSA method should be applied to time series governed (may be approximately) by linear recurrent formulae(LRF). This study examined forecasting ability of SSA-LRF model. These methods are applied to daily water demand data. These models indicate that most cases have good ability of forecasting to some extent by considering statistical and visual assessment, in particular forecasting validity shows good results during 15 days.

Short-Term Load Forecast in Microgrids using Artificial Neural Networks (신경회로망을 이용한 마이크로그리드 단기 전력부하 예측)

  • Chung, Dae-Won;Yang, Seung-Hak;You, Yong-Min;Yoon, Keun-Young
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.4
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    • pp.621-628
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    • 2017
  • This paper presents an artificial neural network (ANN) based model with a back-propagation algorithm for short-term load forecasting in microgrid power systems. Owing to the significant weather factors for such purpose, relevant input variables were selected in order to improve the forecasting accuracy. As remarked above, forecasting is more complex in a microgrid because of the increased variability of disaggregated load curves. Accurate forecasting in a microgrid will depend on the variables employed and the way they are presented to the ANN. This study also shows numerically that there is a close relationship between forecast errors and the number of training patterns used, and so it is necessary to carefully select the training data to be employed with the system. Finally, this work demonstrates that the concept of load forecasting and the ANN tools employed are also applicable to the microgrid domain with very good results, showing that small errors of Mean Absolute Percentage Error (MAPE) around 3% are achievable.

A Short-Term Wind Speed Forecasting Through Support Vector Regression Regularized by Particle Swarm Optimization

  • Kim, Seong-Jun;Seo, In-Yong
    • International Journal of Fuzzy Logic and Intelligent Systems
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    • v.11 no.4
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    • pp.247-253
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    • 2011
  • A sustainability of electricity supply has emerged as a critical issue for low carbon green growth in South Korea. Wind power is the fastest growing source of renewable energy. However, due to its own intermittency and volatility, the power supply generated from wind energy has variability in nature. Hence, accurate forecasting of wind speed and power plays a key role in the effective harvesting of wind energy and the integration of wind power into the current electric power grid. This paper presents a short-term wind speed prediction method based on support vector regression. Moreover, particle swarm optimization is adopted to find an optimum setting of hyper-parameters in support vector regression. An illustration is given by real-world data and the effect of model regularization by particle swarm optimization is discussed as well.

Analysis of Climate Variability under Various Scenarios for Future Urban Growth in Seoul Metropolitan Area (SMA), Korea (미래 도시성장 시나리오에 따른 수도권 기후변화 예측 변동성 분석)

  • Kim, Hyun-Su;Jeong, Ju-Hee;Kim, Yoo-Keun
    • Journal of Korean Society for Atmospheric Environment
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    • v.28 no.3
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    • pp.261-272
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    • 2012
  • In this study, climate variability was predicted by the Weather Research and Forecasting (WRF) model under two different scenarios (current trends scenario; SC1 and managed scenario; SC2) for future urban growth over the Seoul metropolitan area (SMA). We used the urban growth model, SLEUTH (Slope, Land-use, Excluded, Urban, Transportation, Hill-Shade) to predict the future urban growth in SMA. As a result, the difference of urban ratio between two scenarios was the maximum up to 2.2% during 50 years (2000~2050). Also, the results of SLEUTH like this were adjusted in the Weather Research and Forecasting (WRF) model to analysis the difference of the future climate for the future urbanization effect. By scenarios of urban growth, we knew that the significant differences of surface temperature with a maximum of about 4 K and PBL height with a maximum of about 200 m appeared locally in newly urbanized area. However, wind speeds are not sensitive for the future urban growth in SMA. These results show that we need to consider the future land-use changes or future urban extension in the study for the prediction of future climate changes.

Forecasting of Hairtail (Trichiurus lepturus) Landings in Korean Waters by Times Series Analysis (시계열 분석에 의한 어획량 예측 - 한국 근해산 갈치를 예로 하여 -)

  • YOO Sinjae;ZHANG Chang-Ik
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.26 no.4
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    • pp.363-368
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    • 1993
  • Short-term forecasting of fish catch is of practical importance in fisheries management. Ecosystem models and multi-species models as well as traditional single-species models fall short of predicting power needed for practical management of fisheries resources due to the lack of sufficient data or information for the required parameters. Univariate time series analysis, on the other hand, extracts the information on the stochastic variability from the time series itself and makes estimates of the future stochastic variability. Therefore, it can be used for short-term forecasting with minimum data requirements. ARIMA time series modeling has been applied to the monthly Korean catches of hairtail (Trichiurus lepturus) for $1971{\sim}1988$. Forecasts of hairtail catch were made and compared with the actual catch data from $1989{\sim}1990$ which were not included in the parameter estimation. The results showed a good agreement (r=0.938) between the forecasts and the actual catches with a mean rotative error of $59.5\%$

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A Time Series Forecasting Model with the Option to Choose between Global and Clustered Local Models for Hotel Demand Forecasting (호텔 수요 예측을 위한 전역/지역 모델을 선택적으로 활용하는 시계열 예측 모델)

  • Keehyun Park;Gyeongho Jung;Hyunchul Ahn
    • The Journal of Bigdata
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    • v.9 no.1
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    • pp.31-47
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    • 2024
  • With the advancement of artificial intelligence, the travel and hospitality industry is also adopting AI and machine learning technologies for various purposes. In the tourism industry, demand forecasting is recognized as a very important factor, as it directly impacts service efficiency and revenue maximization. Demand forecasting requires the consideration of time-varying data flows, which is why statistical techniques and machine learning models are used. In recent years, variations and integration of existing models have been studied to account for the diversity of demand forecasting data and the complexity of the natural world, which have been reported to improve forecasting performance concerning uncertainty and variability. This study also proposes a new model that integrates various machine-learning approaches to improve the accuracy of hotel sales demand forecasting. Specifically, this study proposes a new time series forecasting model based on XGBoost that selectively utilizes a local model by clustering with DTW K-means and a global model using the entire data to improve forecasting performance. The hotel demand forecasting model that selectively utilizes global and regional models proposed in this study is expected to impact the growth of the hotel and travel industry positively and can be applied to forecasting in other business fields in the future.