• Title/Summary/Keyword: forecasting models

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Predicting a Queue Length Using a Deep Learning Model at Signalized Intersections (딥러닝 모형을 이용한 신호교차로 대기행렬길이 예측)

  • Na, Da-Hyuk;Lee, Sang-Soo;Cho, Keun-Min;Kim, Ho-Yeon
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.20 no.6
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    • pp.26-36
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    • 2021
  • In this study, a deep learning model for predicting the queue length was developed using the information collected from the image detector. Then, a multiple regression analysis model, a statistical technique, was derived and compared using two indices of mean absolute error(MAE) and root mean square error(RMSE). From the results of multiple regression analysis, time, day of the week, occupancy, and bus traffic were found to be statistically significant variables. Occupancy showed the most strong impact on the queue length among the variables. For the optimal deep learning model, 4 hidden layers and 6 lookback were determined, and MAE and RMSE were 6.34 and 8.99. As a result of evaluating the two models, the MAE of the multiple regression model and the deep learning model were 13.65 and 6.44, respectively, and the RMSE were 19.10 and 9.11, respectively. The deep learning model reduced the MAE by 52.8% and the RMSE by 52.3% compared to the multiple regression model.

Influence of UTLS Ozone on the QBO-MJO Connection: A Case Study Using the GloSea5 Model (상부 대류권-하부 성층권 오존이 성층권 준 2년주기 진동과 매든-줄리안 진동 상관성에 미치는 영향: GloSea5 이용 사례)

  • Oh, Jiyoung;Son, Seok-Woo;Back, Seung-Yoon
    • Atmosphere
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    • v.32 no.3
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    • pp.223-233
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    • 2022
  • Recent studies have shown that Madden-Julian Oscillation (MJO) is modulated by Quasi-Biennial Oscillation (QBO) during the boreal winter; MJO becomes more active and predictable during the easterly phase of QBO (EQBO) than the westerly phase (WQBO). Despite growing evidences, climate models fail to capture the QBO-MJO connection. One of the possible reasons is a weak static stability change in the upper troposphere and lower stratosphere (UTLS) by neglecting QBO-induced ozone change in the model. Here, we investigate the possible impact of the ozone-radiative feedback in the tropical UTLS on the QBO-MJO connection by integrating the Global Seasonal Forecasting System 5 (GloSea5) model. A set of experiments is conducted by prescribing either the climatological ozone or the observed ozone at a given year for the EQBO-MJO event in January 2006. The realistic ozone improves the temperature simulation in the UTLS. However, its impacts on the MJO are not evident. The MJO phase and amplitude do not change much when the ozone is prescribed with observation. While it may suggest that the ozone-radiative feedback plays a rather minor role in the QBO-MJO connection, it could also result from model biases in UTLS temperature and not-well organized MJO in the model.

A study on Deep Learning-based Stock Price Prediction using News Sentiment Analysis

  • Kang, Doo-Won;Yoo, So-Yeop;Lee, Ha-Young;Jeong, Ok-Ran
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.8
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    • pp.31-39
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    • 2022
  • Stock prices are influenced by a number of external factors, such as laws and trends, as well as number-based internal factors such as trading volume and closing prices. Since many factors affect stock prices, it is very difficult to accurately predict stock prices using only fragmentary stock data. In particular, since the value of a company is greatly affected by the perception of people who actually trade stocks, emotional information about a specific company is considered an important factor. In this paper, we propose a deep learning-based stock price prediction model using sentiment analysis with news data considering temporal characteristics. Stock and news data, two heterogeneous data with different characteristics, are integrated according to time scale and used as input to the model, and the effect of time scale and sentiment index on stock price prediction is finally compared and analyzed. Also, we verify that the accuracy of the proposed model is improved through comparative experiments with existing models.

RSM-based MOALO optimization and cutting inserts evaluation in dry turning of AISI 4140 steel

  • Hamadi, Billel;Yallese, Mohamed Athmane;Boulanouar, Lakhdar;Nouioua, Mourad;Hammoudi, Abderazek
    • Structural Engineering and Mechanics
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    • v.84 no.1
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    • pp.17-33
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    • 2022
  • An experimental study is carried out to investigate the performance of the cutting tool regarding the insert wear, surface roughness, cutting forces, cutting power and material removal rate of three coated carbides GC2015 (TiCN-Al2O3-TiN), GC4215 (Al2O3-Ti(C,N)) and GC1015 (TiN) during the dry turning of AISI4140 steel. For this purpose, a Taguchi design (L9) was adopted for the planning of the experiments, the effects of cutting parameters on the surface roughness (Ra), tangential cutting force (Fz), the cutting power (Pc) and the material removal rate (MRR) were studied using analysis of variance (ANOVA), the response surface methodology (RSM) was used for mathematical modeling, with which linear mathematical models were developed for forecasting of Ra, Fz, Pc and MRR as a function of cutting parameters (Vc, f, and ap). Then, Multi-Objective Ant Lion Optimizer (MOALO) has been implemented for multi-objective optimization which allows manufacturers to enhance the production performances of the machined parts. Furthermore, in order to characterize and quantify the flank wear of the tested tools, some machining experiments were performed for 5 minutes of turning under a depth of 0.5 mm, a feed rate of 0.08 mm/rev, and a cutting speed of 350 m/min. The wear results led to a ratio (VB-GC4215/VB-GC2015) of 2.03 and (VB-GC1015/VB-GC2015) of 4.43, thus demonstrating the efficiency of the cutting insert GC2015. Moreover, SEM analysis shows the main wear mechanisms represented by abrasion, adhesion and chipping.

Development of a Dynamic Downscaling Method for Use in Short-Range Atmospheric Dispersion Modeling Near Nuclear Power Plants

  • Sang-Hyun Lee;Su-Bin Oh;Chun-Ji Kim;Chun-Sil Jin;Hyun-Ha Lee
    • Journal of Radiation Protection and Research
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    • v.48 no.1
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    • pp.28-43
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    • 2023
  • Background: High-fidelity meteorological data is a prerequisite for the realistic simulation of atmospheric dispersion of radioactive materials near nuclear power plants (NPPs). However, many meteorological models frequently overestimate near-surface wind speeds, failing to represent local meteorological conditions near NPPs. This study presents a new high-resolution (approximately 1 km) meteorological downscaling method for modeling short-range (< 100 km) atmospheric dispersion of accidental NPP plumes. Materials and Methods: Six considerations from literature reviews have been suggested for a new dynamic downscaling method. The dynamic downscaling method is developed based on the Weather Research and Forecasting (WRF) model version 3.6.1, applying high-resolution land-use and topography data. In addition, a new subgrid-scale topographic drag parameterization has been implemented for a realistic representation of the atmospheric surface-layer momentum transfer. Finally, a year-long simulation for the Kori and Wolsong NPPs, located in southeastern coastal areas, has been made for 2016 and evaluated against operational surface meteorological measurements and the NPPs' on-site weather stations. Results and Discussion: The new dynamic downscaling method can represent multiscale atmospheric motions from the synoptic to the boundary-layer scales and produce three-dimensional local meteorological fields near the NPPs with a 1.2 km grid resolution. Comparing the year-long simulation against the measurements showed a salient improvement in simulating near-surface wind fields by reducing the root mean square error of approximately 1 m/s. Furthermore, the improved wind field simulation led to a better agreement in the Eulerian estimate of the local atmospheric dispersion. The new subgrid-scale topographic drag parameterization was essential for improved performance, suggesting the importance of the subgrid-scale momentum interactions in the atmospheric surface layer. Conclusion: A new dynamic downscaling method has been developed to produce high-resolution local meteorological fields around the Kori and Wolsong NPPs, which can be used in short-range atmospheric dispersion modeling near the NPPs.

Controlling the false discovery rate in sparse VHAR models using knockoffs (KNOCKOFF를 이용한 성근 VHAR 모형의 FDR 제어)

  • Minsu, Park;Jaewon, Lee;Changryong, Baek
    • The Korean Journal of Applied Statistics
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    • v.35 no.6
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    • pp.685-701
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    • 2022
  • FDR is widely used in high-dimensional data inference since it provides more liberal criterion contrary to FWER which is known to be very conservative by controlling Type-1 errors. This paper proposes a sparse VHAR model estimation method controlling FDR by adapting the knockoff introduced by Barber and Candès (2015). We also compare knockoff with conventional method using adaptive Lasso (AL) through extensive simulation study. We observe that AL shows sparsistency and decent forecasting performance, however, AL is not satisfactory in controlling FDR. To be more specific, AL tends to estimate zero coefficients as non-zero coefficients. On the other hand, knockoff controls FDR sufficiently well under desired level, but it finds too sparse model when the sample size is small. However, the knockoff is dramatically improved as sample size increases and the model is getting sparser.

A Case Study on the Emission Impact of Land Use Changes using Activity-BAsed Traveler Analyzer (ABATA) System (활동기반 통행자분석시스템(ABATA)을 이용한 토지이용변화에 따른 차량 배기가스 배출영향 사례 분석)

  • Eom, Jin Ki;Lee, Kwang-Sub
    • Journal of Cadastre & Land InformatiX
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    • v.53 no.1
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    • pp.21-36
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    • 2023
  • Activity-based modeling systems have increasingly been developed to address the limitations of widely used traditional four-step transportation demand forecasting models. Accordingly, this paper introduces the Activity-BAsed Traveler Analyzer (ABATA) system. This system consists of multiple components, including an hourly total population estimator, activity profile constructor, hourly activity population estimator, spatial activity population estimator, and origin/destination estimator. To demonstrate the proposed system, the emission impact of land use changes in the 5-1 block Sejong smart city is evaluated as a case study. The results indicate that the land use with the scenario of work facility dispersed plan produced more emissions than the scenario of work facility centralized plan due to the longer travel distance. The proposed ABATA system is expected to provide a valuable tool for simulating the impacts of future changes in population, activity schedules, and land use on activity populations and travel demands.

Forecasting the Growth of Smartphone Market in Mongolia Using Bass Diffusion Model (Bass Diffusion 모델을 활용한 스마트폰 시장의 성장 규모 예측: 몽골 사례)

  • Anar Bataa;KwangSup Shin
    • The Journal of Bigdata
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    • v.7 no.1
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    • pp.193-212
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    • 2022
  • The Bass Diffusion Model is one of the most successful models in marketing research, and management science in general. Since its publication in 1969, it has guided marketing research on diffusion. This paper illustrates the usage of the Bass diffusion model, using mobile cellular subscription diffusion as a context. We fit the bass diffusion model to three large developed markets, South Korea, Japan, and China, and the emerging markets of Vietnam, Thailand, Kazakhstan, and Mongolia. We estimate the parameters of the bass diffusion model using the nonlinear least square method. The diffusion of mobile cellular subscriptions does follow an S-curve in every case. After acquiring m, p, and q parameters we use k-Means Cluster Analysis for grouping countries into three groups. By clustering countries, we suggest that diffusion rates and patterns are similar, where countries with emerging markets can follow in the footsteps of countries with developed markets. The purpose was to predict the timing and the magnitude of the market maturity and to determine whether the data follow the typical diffusion curve of innovations from the Bass model.

MODELING ACCURATE INTEREST IN CASH FLOWS OF CONSTRUCTION PROJECTS TOWARD IMPROVED FORECASTING OF COST OF CAPITAL

  • Gunnar Lucko;Richard C. Thompson, Jr.
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.467-474
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    • 2013
  • Construction contactors must continuously seek to improve their cash flows, which reside at the heart of their financial success. They require careful planning, analysis, and optimization to avoid the risk of bankruptcy, remain profitable, and secure long-term growth. Sources of cash include bank loans and retained earnings, which are conceptually similar in that they both incur a cost of capital. Financial management therefore requires accurate yet customizable modeling capabilities that can quantify all expenses, including said cost of capital. However, currently existing cash flow models in construction engineering and management have strongly simplified the manner in which interest is assessed, which may even lead to overstating it at a disadvantage to contractors. The variable nature of cash balances, especially in the early phases of construction projects, contribute to this challenging issue. This research therefore extends a new cash flow model with an accurate interest calculation. It utilizes singularity functions, so called because of their ability to flexibly model changes across any number of different ranges. The interest function is continuous for activity costs of any duration and allows the realistic case that activities may begin between integer time periods, which are often calendar months. Such fractional interest calculation has hitherto been lacking from the literature. It also provides insights into the self-referential behavior of compound interest for variable cash balances. The contribution of this study is twofold; augmenting the corpus of financial analysis theory with a new interest formula, whose strengths include its generic nature and that it can be evaluated at any fractional value of time, and providing construction managers with a tool to help improve and fine-tune the financial performance of their projects.

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A Study on the Volatility Transition of Steel Raw Material Transport Market (제철원료 운송시장의 변동성 전이 분석에 대한 연구)

  • Yo-Pyung Hwang;Ye-Eun Oh;Keun-Sik Park
    • Korea Trade Review
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    • v.47 no.4
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    • pp.215-231
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    • 2022
  • Analysis and forecasting of the Baltic Capsize Index (BCI) is important for managing an entity's losses and risks from the uncertainty and volatility of the fast-changing maritime transport market in the future. This study conducted volatility transition analysis through the GARCH model, using BCI which is highly related to steel raw materials. As for the data, 2,385 monthly data were used from March 1999 to March 2021. In this study, after basic statistical analysis, unit root and cointegration test, the GARCH, EGARCH, and DCC-GARCH models were used for volatility transition analysis. As the results of GARCH and EGARCH model, we confirmed that all variables had no autocorrelation between the standardized residuals for error terms and the square of residuals, that the variability of all variables at this time was likely to persist in the future, and that the variability of the time-series error term impact according to Iron ore trade (IoT). In addition, through the EGARCH model, the magnitude convenience of all variables except the Iron ore price (IOP) and Capesize bulk fleet (BCF) variables was greater than the positive value (+). As a result of analyzing the DCC-GARCH (1,1) model, partial linear combinations were confirmed over the entire period. Estimating the effect of variability transition on BCF and C5 with statistically significant linear combinations with BCI confirmed that the impact of BCF on BCI was greater than the impact of BCI itself.