• Title/Summary/Keyword: Demand Prediction

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A Model of Four Seasons Mixed Heat Demand Prediction Neural Network for Improving Forecast Rate (예측율 제고를 위한 사계절 혼합형 열수요 예측 신경망 모델)

  • Choi, Seungho;Lee, Jaebok;Kim, Wonho;Hong, Junhee
    • Journal of Energy Engineering
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    • v.28 no.4
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    • pp.82-93
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    • 2019
  • In this study, a new model is proposed to improve the problem of the decline of predict rate of heat demand on a particular date, such as a public holiday for the conventional heat demand forecasting system. The proposed model was the Four Season Mixed Heat Demand Prediction Neural Network Model, which showed an increase in the forecast rate of heat demand, especially for each type of forecast date (weekday/weekend/holiday). The proposed model was selected through the following process. A model with an even error for each type of forecast date in a particular season is selected to form the entire forecast model. To avoid shortening learning time and excessive learning, after each of the four different models that were structurally simplified were learning and a model that showed optimal prediction error was selected through various combinations. The output of the model is the hourly 24-hour heat demand at the forecast date and the total is the daily total heat demand. These forecasts enable efficient heat supply planning and allow the selection and utilization of output values according to their purpose. For daily heat demand forecasts for the proposed model, the overall MAPE improved from 5.3~6.1% for individual models to 5.2% and the forecast for holiday heat demand greatly improved from 4.9~7.9% to 2.9%. The data in this study utilized 34 months of heat demand data from a specific apartment complex provided by the Korea District Heating Corp. (January 2015 to October 2017).

Time Series Modeling Pipeline for Urban Behavioral Demand Prediction under Uncertainty (COVID-19 사례를 통한 도시 내 비정상적 수요 예측을 위한 시계열 모형 파이프라인 개발 연구)

  • Minsoo Jin;Dongwoo Lee;Youngrok Kim;Hyunsoo Lee
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.22 no.2
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    • pp.80-92
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    • 2023
  • As cities are becoming densely populated, previously unexpected events such as crimes, accidents, and infectious diseases are bound to affect user demands. With a time-series prediction of demand using information with uncertainty, it is impossible to derive reliable results. In particular, the COVID-19 outbreak in early 2020 caused changes in abnormal travel patterns and made it difficult to predict demand for time series. A methodology that accurately predicts demand by detecting and reflecting these changes is, therefore, required. The current study suggests a time series modeling pipeline that automatically detects and predicts abnormal events caused by COVID-19. We expect its wide application in various situations where there is a change in demand due to irregular and abnormal events.

A Study of the Sustainable Operation Technologies in the Power Plant Facilities (발전 설비 지속 가능 운영 기술 연구)

  • Lee, Chang Yeol;Park, Gil Joo;Kim, Twehwan;Gu, Yeong Hyeon;Lee, Sung-iI
    • Journal of the Society of Disaster Information
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    • v.16 no.4
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    • pp.842-848
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    • 2020
  • Purpose: It is important to operate safely and economically in obsolescent power plant facilities. Economical operation is related in the balance of the supply and demand. Safety operation predicts the possible risks in the facilities and then, takes measures to the facilities. For the monitoring of the power plant facilities, we needs several kinds of the sensing system. From the sensors data, we can predict the possible risk. Method: We installed the acoustic, vibration, electric and smoke sensors in the power plant facilities. Using the data, we developed 3 kinds of prediction models, such as, demand prediction, plant engine abnormal prediction model, and risk prediction model. Results: Accuracy of the demand prediction model is over 90%. The other models make a stable operation of the system. Conclusion: For the sustainable operation of the obsolescent power plant, we developed 3 kinds of AI prediction models. The model apply to JB company's power plant facilities.

A Study on the UI Design Method for Monitoring AI-Based Demand Prediction Algorithm (AI 기반 수요예측알고리즘 모니터링 UI 디자인 방안 연구)

  • Im, So-Yeon;Lee, Hyo-won;Kim, seong-Ho;Lee, Seung-jun;Lee, Young-woo;Park, Cheol-woo
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2022.10a
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    • pp.447-449
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    • 2022
  • This study was based on Android, one of the representative mobile platforms with the characteristics of connecting to the network anytime, anywhere and flexible mobility. In addition, using a demand prediction algorithm that can know the data of defective products based on AI, we will study the real-time monitoring UI design method based on Android studio with demand prediction data and company time series data.

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A Demand Survey on Major Fitness of Curriculum of Fire Risk Prediction and Assessment (화재위험성 예측평가분야 교육과정의 전공 적합도에 대한 수요조사)

  • Lee, Se-Myeoung
    • Fire Science and Engineering
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    • v.30 no.6
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    • pp.130-136
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    • 2016
  • A university needs to analyze and improve its curricula with the perspective of the consumer to develop a syllabus for the training of industry-demand customized human resources. Accordingly, this paper surveyed the demand of fire-related industry workers to evaluate the major fitness of the curriculum of fire risk prediction and assessment and carried out descriptive statistical analysis, factor analysis, cluster analysis, and one-way ANOVA based on the results. According to the analysis, fire-related industry workers reported that the curriculum of fire risk prediction and assessment is suitable for majors. In addition, they were greatly aware of the necessity of basic major and common major subjects among subjects of fire risk prediction and assessment. The results of this analysis will provide the basic data to improve the curriculum continuously in the future.

MAGRU: Multi-layer Attention with GRU for Logistics Warehousing Demand Prediction

  • Ran Tian;Bo Wang;Chu Wang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.18 no.3
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    • pp.528-550
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    • 2024
  • Warehousing demand prediction is an essential part of the supply chain, providing a fundamental basis for product manufacturing, replenishment, warehouse planning, etc. Existing forecasting methods cannot produce accurate forecasts since warehouse demand is affected by external factors such as holidays and seasons. Some aspects, such as consumer psychology and producer reputation, are challenging to quantify. The data can fluctuate widely or do not show obvious trend cycles. We introduce a new model for warehouse demand prediction called MAGRU, which stands for Multi-layer Attention with GRU. In the model, firstly, we perform the embedding operation on the input sequence to quantify the external influences; after that, we implement an encoder using GRU and the attention mechanism. The hidden state of GRU captures essential time series. In the decoder, we use attention again to select the key hidden states among all-time slices as the data to be fed into the GRU network. Experimental results show that this model has higher accuracy than RNN, LSTM, GRU, Prophet, XGboost, and DARNN. Using mean absolute error (MAE) and symmetric mean absolute percentage error(SMAPE) to evaluate the experimental results, MAGRU's MAE, RMSE, and SMAPE decreased by 7.65%, 10.03%, and 8.87% over GRU-LSTM, the current best model for solving this type of problem.

A Study on Intermittent Demand Forecasting of Patriot Spare Parts Using Data Mining (데이터 마이닝을 이용한 패트리어트 수리부속의 간헐적 수요 예측에 관한 연구)

  • Park, Cheonkyu;Ma, Jungmok
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.3
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    • pp.234-241
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    • 2021
  • By recognizing the importance of demand forecasting, the military is conducting many studies to improve the prediction accuracy for repair parts. Demand forecasting for repair parts is becoming a very important factor in budgeting and equipment availability. On the other hand, the demand for intermittent repair parts that have not constant sizes and intervals with the time series model currently used in the military is difficult to predict. This paper proposes a method to improve the prediction accuracy for intermittent repair parts of the Patriot. The authors collected intermittent repair parts data by classifying the demand types of 701 repair parts from 2013 to 2019. The temperature and operating time identified as external factors that can affect the failure were selected as input variables. The prediction accuracy was measured using both time series models and data mining models. As a result, the prediction accuracy of the data mining models was higher than that of the time series models, and the multilayer perceptron model showed the best performance.

A study on the prediction of the generation of domestic sewage by improvement of water demand estimation (생활용수 수요추정방법 개선에 의한 하수발생량 예측에 관한 연구)

  • 김재윤
    • Journal of Environmental Science International
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    • v.11 no.12
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    • pp.1275-1279
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    • 2002
  • This study was performed to improve water demand estimation and analize correlation between generation of domestic sewage and domestic water use. To improve the prediction of water demand estimation, new water demand equation was developed. The results is as follows. $InQ_t = {\beta}_0+{\beta}_1InP_t+{\beta}_2InY_t+{\beta}_3InH_t+{varepsilon}_t$By using the statistical analysis of the "generation of domestic sewage" and "domestic water use", the regression equation between them is formed. The result is as follows. Generation of domestic sewage : 0.8487 $\times$ Domestic water use + 684.57 ($R^2$= 0.972)>$R^2$= 0.972)

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.