• Title/Summary/Keyword: Exponential Smoothing.

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A Hybrid Method to Improve Forecasting Accuracy Utilizing Genetic Algorithm: An Application to the Data of Processed Cooked Rice

  • Takeyasu, Hiromasa;Higuchi, Yuki;Takeyasu, Kazuhiro
    • Industrial Engineering and Management Systems
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    • v.12 no.3
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    • pp.244-253
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    • 2013
  • In industries, shipping is an important issue in improving the forecasting accuracy of sales. This paper introduces a hybrid method and plural methods are compared. Focusing the equation of exponential smoothing method (ESM) that is equivalent to (1, 1) order autoregressive-moving-average (ARMA) model equation, a new method of estimating the smoothing constant in ESM had been proposed previously by us which satisfies minimum variance of forecasting error. Generally, the smoothing constant is selected arbitrarily. However, this paper utilizes the above stated theoretical solution. Firstly, we make estimation of ARMA model parameter and then estimate the smoothing constant. Thus, theoretical solution is derived in a simple way and it may be utilized in various fields. Furthermore, combining the trend removing method with this method, we aim to improve forecasting accuracy. This method is executed in the following method. Trend removing by the combination of linear and 2nd order nonlinear function and 3rd order nonlinear function is executed to the original production data of two kinds of bread. Genetic algorithm is utilized to search the optimal weight for the weighting parameters of linear and nonlinear function. For comparison, the monthly trend is removed after that. Theoretical solution of smoothing constant of ESM is calculated for both of the monthly trend removing data and the non-monthly trend removing data. Then forecasting is executed on these data. The new method shows that it is useful for the time series that has various trend characteristics and has rather strong seasonal trend. The effectiveness of this method should be examined in various cases.

The Study on the Expential Smoothing Method of the Concatenation Parts in the Speech Waveform (음성 파형분절의 지수함수 스므딩 기법에 관한 연구)

  • 박찬수
    • Proceedings of the Acoustical Society of Korea Conference
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    • 1991.06a
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    • pp.7-10
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    • 1991
  • In a text-to-speech system, sound units (phonemes, words, or phrases, etc.) can be concatenated together to produce required utterance. The quality of the resulting speech is dependent on factors including the phonological/prosodic contour, the quality of basic concatenation units, and how well the units join together. Thus although the quality of each basic sound unit is high, if occur the discontinuity in the concatenation part then the quality of synthesis speech is decrease. To solve this problem, a smoothing operation should be carried out in concatenation parts. But a major problem is that, as yet, no method of parameter smoothing is available for joining the segment together. Thus in this paper, we proposed a new aigorithm that smoothing the unnatural discountinuous parts which can be occured in speech waveform editing. This algorithm used the exponential smoothing method.

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A Study on Long-term Maximum power Demand Forescasting Using Exponential Smoothing (지수평활에 의한 장기 최대전력 수요 예측에 관한 연구)

  • 고희석;이태기
    • The Proceedings of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.6 no.3
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    • pp.43-49
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    • 1992
  • Forecasting of electric power demand has been a basic element for electric power system operation and system development, and it's accuracy has very strong influence on reliability and economical efficience of power supply. So, in this paper, long―term maximum electric power demand has been forecasted by using the triple exponential smoothing method initiated R.G.Brown. It has been regarded this method as high accuracy and operational convenience. The smoothing function is a liner combination of all past observations and the weight given to previous observations decreases geometrically with age.

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Development of Short-Term Load Forecasting Algorithm Using Hourly Temperature (시간대별 기온을 이용한 전력수요예측 알고리즘 개발)

  • Song, Kyung-Bin
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.63 no.4
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    • pp.451-454
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    • 2014
  • Short-term load forecasting(STLF) for electric power demand is essential for stable power system operation and efficient power market operation. We improved STLF method by using hourly temperature as an input data. In order to using hourly temperature to STLF algorithm, we calculated temperature-electric power demand sensitivity through past actual data and combined this sensitivity to exponential smoothing method which is one of the STLF method. The proposed method is verified by case study for a week. The result of case study shows that the average percentage errors of the proposed load forecasting method are improved comparing with errors of the previous methods.

An Empirical Study on Supply Chain Demand Forecasting Using Adaptive Exponential Smoothing (적응적 지수평활법을 이용한 공급망 수요예측의 실증분석)

  • Kim, Jeong-Il;Cha, Gyeong-Cheon;Jeon, Deok-Bin;Park, Dae-Geun;Park, Seong-Ho;Park, Myeong-Hwan
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.658-663
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    • 2005
  • This study presents the empirical results of comparing several demand forecasting methods for Supply Chain Management(SCM). Adaptive exponential smoothing using change detection statistics (Jun) is compared with Trigg and Leach's adaptive methods and SAS time series forecasting systems using weekly SCM demand data. The results show that Jun's method is superior to others in terms of one-step-ahead forecast error and eight-step-ahead forecast error. Based on the results, we conclude that the forecasting performance of SCM solution can be improved by the proposed adaptive forecasting method.

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Suggesting Forecasting Methods for Dietitians at University Foodservice Operations

  • Ryu Ki-Sang
    • Nutritional Sciences
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    • v.9 no.3
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    • pp.201-211
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    • 2006
  • The purpose of this study was to provide dietitians with the guidance in forecasting meal counts for a university/college foodservice facility. The forecasting methods to be analyzed were the following: naive model 1, 2, and 3; moving average, double moving average, simple exponential smoothing, double exponential smoothing, Holt's, and Winters' methods, and simple linear regression. The accuracy of the forecasting methods was measured using mean squared error and Theil's U-statistic. This study showed how to project meal counts using 10 forecasting methods for dietitians. The results of this study showed that WES was the most accurate forecasting method, followed by $na\ddot{i}ve$ 2 and naive 3 models. However, naive model 2 and 3 were recommended for using by dietitians in university/college dining facilities because of the accuracy and ease of use. In addition, the 2000 spring semester data were better than the 2000 fall semester data to forecast 2001spring semester data.

The Study on Strategy for Industrial Accident Prevention by the Industrial Accident Rate Forecasting in Korea (한국에서 산업재해율 예측에 의한 산업재해방지 전략에 관한 연구)

  • Kang, Young-Sig;Kim, Tae-Gu;Ahn, Kwang-Hyuk;Choi, Do-Lim;Jung, U-Na;Lee, Seong-Ho;Park, Min-Ah;Lee, Seol;Kim, Seong-Hyun
    • Proceedings of the Safety Management and Science Conference
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    • 2011.04a
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    • pp.177-183
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    • 2011
  • Korea has performed strategies for the third industrial accident prevention in order to minimize industrial accident. However, the occupational fatality rate and industrial accident rate appears to be stagnated for 11 years. Therefore, this paper forecasts the occupational fatality rate and industrial accident rate for 10 years. Also, this paper applies regression method (RA), exponential smoothing method (ESM), double exponential smoothing method (DESM), autoregressive integrated moving average (ARIMA) model and proposed analytical function method (PAFM) for trend of industrial accident. Finally, this paper suggests fundamental strategies for industrial accident prevention by forecasting of industrial accident rate in the long term.

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A study on the optimized requirement estimation of K-1 tank repair parts (K-1전차 수리부속 최적소요산정에 관한 연구)

  • 김희철;최석철
    • Journal of the military operations research society of Korea
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    • v.26 no.2
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    • pp.39-54
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    • 2000
  • This research is carried out solving problem of reduction in the rate of operation for the k-1 tank in order to increase the availability, caused by the delay in supply of k-1 tank repair parts in field operations. In other words, the study aims to find the most suitable requirement estimate pattern for the main repair parts that are used for k-1 tank. This study intends to present the most suitable requirement estimate pattern for k-1 trank repair pats by comparing the results of repair parts consumption data in relation to their pattern created by the programs of the requirement estimate technique(moving average method) currently used in the Army and adaptive exponential smoothing model. The results of this study numerically proved that the adaptive exponential smoothing model is the most appropriate technique in estimating the requirement for k-1 tank repair parts.

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A Study on the Load Forecasting Methods of Peak Electricity Demand Controller (최대수요전력 관리 장치의 부하 예측에 관한 연구)

  • Kong, In-Yeup
    • IEMEK Journal of Embedded Systems and Applications
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    • v.9 no.3
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    • pp.137-143
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    • 2014
  • Demand Controller is a load control device that monitor the current power consumption and calculate the forecast power to not exceed the power set by consumer. Accurate demand forecasting is important because of controlling the load use the way that sound a warning and then blocking the load when if forecasted demand exceed the power set by consumer. When if consumer with fluctuating power consumption use the existing forecasting method, management of demand control has the disadvantage of not stable. In this paper, load forecasting of the unit of seconds using the Exponential Smoothing Methods, ARIMA model, Kalman Filter is proposed. Also simulation of load forecasting of the unit of the seconds methods and existing forecasting methods is performed and analyzed the accuracy. As a result of simulation, the accuracy of load forecasting methods in seconds is higher.