• Title/Summary/Keyword: Forecasting error

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Short-term Power Consumption Forecasting Based on IoT Power Meter with LSTM and GRU Deep Learning (LSTM과 GRU 딥러닝 IoT 파워미터 기반의 단기 전력사용량 예측)

  • Lee, Seon-Min;Sun, Young-Ghyu;Lee, Jiyoung;Lee, Donggu;Cho, Eun-Il;Park, Dae-Hyun;Kim, Yong-Bum;Sim, Isaac;Kim, Jin-Young
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.19 no.5
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    • pp.79-85
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    • 2019
  • In this paper, we propose a short-term power forecasting method by applying Long Short Term Memory (LSTM) and Gated Recurrent Unit (GRU) neural network to Internet of Things (IoT) power meter. We analyze performance based on real power consumption data of households. Mean absolute error (MAE), mean absolute percentage error (MAPE), mean percentage error (MPE), mean squared error (MSE), and root mean squared error (RMSE) are used as performance evaluation indexes. The experimental results show that the GRU-based model improves the performance by 4.52% in the MAPE and 5.59% in the MPE compared to the LSTM-based model.

Establishment and Application of Neuro-Fuzzy Flood Forecasting Model by Linking Takagi-Sugeno Inference with Neural Network (II) : Application and Verification (Takagi-Sugeno 추론기법과 신경망을 연계한 뉴로-퍼지 홍수예측 모형의 구축 및 적용 (II) : 실제 유역에 대한 적용 및 검증)

  • Choi, Seung-Yong;Han, Kun-Yeun
    • Journal of Korea Water Resources Association
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    • v.44 no.7
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    • pp.537-551
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    • 2011
  • Based on optimal input data combination selected in the earlier study, Neuro-Fuzzy flood forecasting model linked Takagi-Sugeno fuzzy inference theory with neural network in Wangsukcheon and Gabcheon is established. The established model was applied to Wangsukcheon and Gabcheon and water levels for lead time of 0.5 hr, 1 hr, 1.5 hr, 2.0 hr, 2.5 hr, 3.0 hr are forecasted. For the verification of the model, the comparisons between forecasting floods and observation data are presented. The forecasted results have shown good agreements with observed data. Additionally to evaluate quantitatively for applicability of the model, various statistical errors such as Root Mean Square Error are calculated. As a result of the flood forecasting can be simulated successfully without large errors in all statistical error. This study can greatly contribute to the construction of a high accuracy flood information system that secure lead time in medium and small streams.

Short-term Forecasting of Power Demand based on AREA (AREA 활용 전력수요 단기 예측)

  • Kwon, S.H.;Oh, H.S.
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.1
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    • pp.25-30
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    • 2016
  • It is critical to forecast the maximum daily and monthly demand for power with as little error as possible for our industry and national economy. In general, long-term forecasting of power demand has been studied from both the consumer's perspective and an econometrics model in the form of a generalized linear model with predictors. Time series techniques are used for short-term forecasting with no predictors as predictors must be predicted prior to forecasting response variables and containing estimation errors during this process is inevitable. In previous researches, seasonal exponential smoothing method, SARMA (Seasonal Auto Regressive Moving Average) with consideration to weekly pattern Neuron-Fuzzy model, SVR (Support Vector Regression) model with predictors explored through machine learning, and K-means clustering technique in the various approaches have been applied to short-term power supply forecasting. In this paper, SARMA and intervention model are fitted to forecast the maximum power load daily, weekly, and monthly by using the empirical data from 2011 through 2013. $ARMA(2,\;1,\;2)(1,\;1,\;1)_7$ and $ARMA(0,\;1,\;1)(1,\;1,\;0)_{12}$ are fitted respectively to the daily and monthly power demand, but the weekly power demand is not fitted by AREA because of unit root series. In our fitted intervention model, the factors of long holidays, summer and winter are significant in the form of indicator function. The SARMA with MAPE (Mean Absolute Percentage Error) of 2.45% and intervention model with MAPE of 2.44% are more efficient than the present seasonal exponential smoothing with MAPE of about 4%. Although the dynamic repression model with the predictors of humidity, temperature, and seasonal dummies was applied to foretaste the daily power demand, it lead to a high MAPE of 3.5% even though it has estimation error of predictors.

A Comparative Study of Technological Forecasting Methods with the Case of Main Battle Tank by Ranking Efficient Units in DEA (DEA기반 순위선정 절차를 활용한 주력전차의 기술예측방법 비교연구)

  • Kim, Jae-Oh;Kim, Jae-Hee;Kim, Sheung-Kown
    • Journal of the military operations research society of Korea
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    • v.33 no.2
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    • pp.61-73
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    • 2007
  • We examined technological forecasting of extended TFDEA(Technological Forecasting with Data Envelopment Analysis) and thereby apply the extended method to the technological forecasting problem of main battle tank. The TFDEA has the possibility of using comparatively inefficient DMUs(Decision Making Units) because it is based on DEA(Data Envelopment Analysis), which usually leads to multiple efficient DMUs. Therefore, TFDEA may result in incorrect technological forecasting. Instead of using the simple DEA, we incorporated the concept of Super-efficiency, Cross-efficiency, and CCCA(Constrained Canonical Correlation Analysis) into the TFDEA respectively, and applied each method to the case study of main battle tank using verifiable practical data sets. The comparative analysis shows that the use of CCCA with TFDEA results in very comparable prediction accuracies with respect to MAE(Mean Absolute Error), MSE(Mean Squared Error), and RMSE(Root Mean Squared Error) than using the concept of Super-efficiency and Cross-efficiency.

Water level forecasting for extended lead times using preprocessed data with variational mode decomposition: A case study in Bangladesh

  • Shabbir Ahmed Osmani;Roya Narimani;Hoyoung Cha;Changhyun Jun;Md Asaduzzaman Sayef
    • Proceedings of the Korea Water Resources Association Conference
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    • 2023.05a
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    • pp.179-179
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    • 2023
  • This study suggests a new approach of water level forecasting for extended lead times using original data preprocessing with variational mode decomposition (VMD). Here, two machine learning algorithms including light gradient boosting machine (LGBM) and random forest (RF) were considered to incorporate extended lead times (i.e., 5, 10, 15, 20, 25, 30, 40, and 50 days) forecasting of water levels. At first, the original data at two water level stations (i.e., SW173 and SW269 in Bangladesh) and their decomposed data from VMD were prepared on antecedent lag times to analyze in the datasets of different lead times. Mean absolute error (MAE), root mean squared error (RMSE), and mean squared error (MSE) were used to evaluate the performance of the machine learning models in water level forecasting. As results, it represents that the errors were minimized when the decomposed datasets were considered to predict water levels, rather than the use of original data standalone. It was also noted that LGBM produced lower MAE, RMSE, and MSE values than RF, indicating better performance. For instance, at the SW173 station, LGBM outperformed RF in both decomposed and original data with MAE values of 0.511 and 1.566, compared to RF's MAE values of 0.719 and 1.644, respectively, in a 30-day lead time. The models' performance decreased with increasing lead time, as per the study findings. In summary, preprocessing original data and utilizing machine learning models with decomposed techniques have shown promising results for water level forecasting in higher lead times. It is expected that the approach of this study can assist water management authorities in taking precautionary measures based on forecasted water levels, which is crucial for sustainable water resource utilization.

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Annual Yearly Load Forecasting by Using Seasonal Load Characteristics With Considering Weekly Normalization (주단위 정규화를 통하여 계절별 부하특성을 고려한 연간 전력수요예측)

  • Cha, Jun-Min;Yoon, Kyoung-Ha;Ku, Bon-Hui
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.199-200
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    • 2011
  • Load forecasting is very important for power system analysis and planning. This paper suggests yearly load forecasting of considering weekly normalization and seasonal load characteristics. Each weekly peak load is normalized and the average value is calculated. The new hourly peak load is seasonally collected. This method was used for yearly load forecasting. The results of the actual data and forecast data were calculated error rate by comparing.

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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.

Comparison of the forecasting models with real estate price index (주택가격지수 모형의 비교연구)

  • Lim, Seong Sik
    • Journal of the Korean Data and Information Science Society
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    • v.27 no.6
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    • pp.1573-1583
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    • 2016
  • It is necessary to check mutual correlations between related variables because housing prices are influenced by a lot of variables of the economy both internally and externally. In this paper, employing the Granger causality test, we have validated interrelated relationship between the variables. In addition, there is cointegration associations in the results of the cointegration test between the variables. Therefore, an analysis using a vector error correction model including an error correction term has been attempted. As a result of the empirical comparative analysis of the forecasting performance with ARIMA and VAR models, it is confirmed that the forecasting performance by vector error correction model is superior to those of the former two models.

Evaluation of short-term water demand forecasting using ensemble model (앙상블 모형을 이용한 단기 용수사용량 예측의 적용성 평가)

  • So, Byung-Jin;Kwon, Hyun-Han;Gu, Ja-Young;Na, Bong-Kil;Kim, Byung-Seop
    • Journal of Korean Society of Water and Wastewater
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    • v.28 no.4
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    • pp.377-389
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    • 2014
  • In recent years, Smart Water Grid (SWG) concept has globally emerged over the last decade and also gained significant recognition in South Korea. Especially, there has been growing interest in water demand forecast and this has led to various studies regarding energy saving and improvement of water supply reliability. In this regard, this study aims to develop a nonlinear ensemble model for hourly water demand forecasting which allow us to estimate uncertainties across different model classes. The concepts was demonstrated through application to observed from water plant (A) in the South Korea. Various statistics (e.g. the efficiency coefficient, the correlation coefficient, the root mean square error, and a maximum error rate) were evaluated to investigate model efficiency. The ensemble based model with an cross-validate prediction procedure showed better predictability for water demand forecasting at different temporal resolutions. In particular, the performance of the ensemble model on hourly water demand data showed promising results against other individual prediction schemes.

Forecasting of Seasonal Inflow to Reservoir Using Multiple Linear Regression (다중선형회귀분석에 의한 계절별 저수지 유입량 예측)

  • Kang, Jaewon
    • Journal of Environmental Science International
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    • v.22 no.8
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    • pp.953-963
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    • 2013
  • Reliable long-term streamflow forecasting is invaluable for water resource planning and management which allocates water supply according to the demand of water users. Forecasting of seasonal inflow to Andong dam is performed and assessed using statistical methods based on hydrometeorological data. Predictors which is used to forecast seasonal inflow to Andong dam are selected from southern oscillation index, sea surface temperature, and 500 hPa geopotential height data in northern hemisphere. Predictors are selected by the following procedure. Primary predictors sets are obtained, and then final predictors are determined from the sets. The primary predictor sets for each season are identified using cross correlation and mutual information. The final predictors are identified using partial cross correlation and partial mutual information. In each season, there are three selected predictors. The values are determined using bootstrapping technique considering a specific significance level for predictor selection. Seasonal inflow forecasting is performed by multiple linear regression analysis using the selected predictors for each season, and the results of forecast using cross validation are assessed. Multiple linear regression analysis is performed using SAS. The results of multiple linear regression analysis are assessed by mean squared error and mean absolute error. And contingency table is established and assessed by Heidke skill score. The assessment reveals that the forecasts by multiple linear regression analysis are better than the reference forecasts.