• Title/Summary/Keyword: Seasonal forecast model

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Quantifying the Bullwhip Effect in a Supply Chain Considering Seasonal Demand (공급사슬에서 계절적 수요를 고려한 채찍효과 측도의 개발)

  • Cho, Dong-Won;Lee, Young-Hae
    • Journal of Korean Institute of Industrial Engineers
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    • v.35 no.3
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    • pp.203-212
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    • 2009
  • The bullwhip effect refers to the phenomenon where demand variability is amplified when one moves upward a supply chain. In this paper, we exactly quantify the bullwhip effect for cases of seasonal demand processes in a two-echelon supply chain with a single retailer and a single supplier. In most of the previous research, some measures of performance for the bullwhip effect are developed for cases of non-seasonal demand processes. The retailer performs demand forecast with a multiplicative seasonal mixed model by using the minimum mean square error forecasting technique and employs a base stock policy. With the developed bullwhip effect measure, we investigate the impact of seasonal factor on the bullwhip effect. Then, we prove that seasonal factor plays an important role on the occurrence of the bullwhip effect.

Forecasting of Foreign Tourism demand in Kyeongju (경주지역 외국인 관광수요 예측)

  • Son, Eun Ho;Park, Duk Byeong
    • Journal of Agricultural Extension & Community Development
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    • v.20 no.2
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    • pp.511-533
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    • 2013
  • The study used a seasonal ARIMA model to forecast the number of tourists to Kyeongju foreign in a uni-variable time series. Time series monthly data for the investigation were collected ranging from 1995 to 2010. A total of 192 observations were used for data analysis. The date showed that a big difference existed between on-season and off-season of the number of foreign tourists in Kyeongju. In the forecast multiplicative seasonal ARIMA(1,1,0) $(4,0,0)_{12}$ model was found the most appropriate model. Results show that the number of tourists was 694 thousands in 2011, 715 thousands in 2012, 725 thousands in 2013, 738 thousands in 2014, and 884 thousands in 2015. It was suggested that the grasping of the Kyeongju forecast model was very important in respect of how experts in tourism development, policy makers or planners would establish marketing strategies to allocate services in Kyeongju as a tourist destination and provide tourism facilities efficiently.

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.

Improving SARIMA model for reliable meteorological drought forecasting

  • Jehanzaib, Muhammad;Shah, Sabab Ali;Son, Ho Jun;Kim, Tae-Woong
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.141-141
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    • 2022
  • Drought is a global phenomenon that affects almost all landscapes and causes major damages. Due to non-linear nature of contributing factors, drought occurrence and its severity is characterized as stochastic in nature. Early warning of impending drought can aid in the development of drought mitigation strategies and measures. Thus, drought forecasting is crucial in the planning and management of water resource systems. The primary objective of this study is to make improvement is existing drought forecasting techniques. Therefore, we proposed an improved version of Seasonal Autoregressive Integrated Moving Average (SARIMA) model (MD-SARIMA) for reliable drought forecasting with three years lead time. In this study, we selected four watersheds of Han River basin in South Korea to validate the performance of MD-SARIMA model. The meteorological data from 8 rain gauge stations were collected for the period 1973-2016 and converted into watershed scale using Thiessen's polygon method. The Standardized Precipitation Index (SPI) was employed to represent the meteorological drought at seasonal (3-month) time scale. The performance of MD-SARIMA model was compared with existing models such as Seasonal Naive Bayes (SNB) model, Exponential Smoothing (ES) model, Trigonometric seasonality, Box-Cox transformation, ARMA errors, Trend and Seasonal components (TBATS) model, and SARIMA model. The results showed that all the models were able to forecast drought, but the performance of MD-SARIMA was robust then other statistical models with Wilmott Index (WI) = 0.86, Mean Absolute Error (MAE) = 0.66, and Root mean square error (RMSE) = 0.80 for 36 months lead time forecast. The outcomes of this study indicated that the MD-SARIMA model can be utilized for drought forecasting.

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Development of a Daily Epidemiological Model of Rice Blast Tailored for Seasonal Disease Early Warning in South Korea

  • Kim, Kwang-Hyung;Jung, Imgook
    • The Plant Pathology Journal
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    • v.36 no.5
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    • pp.406-417
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    • 2020
  • Early warning services for crop diseases are valuable when they provide timely forecasts that farmers can utilize to inform their disease management decisions. In South Korea, collaborative disease controls that utilize unmanned aerial vehicles are commonly performed for most rice paddies. However, such controls could benefit from seasonal disease early warnings with a lead time of a few months. As a first step to establish a seasonal disease early warning service using seasonal climate forecasts, we developed the EPIRICE Daily Risk Model for rice blast by extracting and modifying the core infection algorithms of the EPIRICE model. The daily risk scores generated by the EPIRICE Daily Risk Model were successfully converted into a realistic and measurable disease value through statistical analyses with 13 rice blast incidence datasets, and subsequently validated using the data from another rice blast experiment conducted in Icheon, South Korea, from 1974 to 2000. The sensitivity of the model to air temperature, relative humidity, and precipitation input variables was examined, and the relative humidity resulted in the most sensitive response from the model. Overall, our results indicate that the EPIRICE Daily Risk Model can be used to produce potential disease risk predictions for the seasonal disease early warning service.

Assessment of Performance on the Asian Dust Generation in Spring Using Hindcast Data in Asian Dust Seasonal Forecasting Model (황사장기예측자료를 이용한 봄철 황사 발생 예측 특성 분석)

  • Kang, Misun;Lee, Woojeong;Chang, Pil-Hun;Kim, Mi-Gyeong;Boo, Kyung-On
    • Atmosphere
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    • v.32 no.2
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    • pp.149-162
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    • 2022
  • This study investigated the prediction skill of the Asian dust seasonal forecasting model (GloSea5-ADAM) on the Asian dust and meteorological variables related to the dust generation for the period of 1991~2016. Additionally, we evaluated the prediction skill of those variables depending on the combination of the initial dates in the sub-seasonal scale for the dust source region affecting South Korea. The Asian dust and meteorological variables (10 m wind speed, 1.5 m relative humidity, and 1.5 m air temperature) from GloSea5-ADAM were compared to that from Synoptic observation and European Centre for medium range weather forecasts reanalysis v5, respectively, based on Mean Bias Error (MBE), Root Mean Square Error (RMSE), and Anomaly Correlation Coefficient (ACC) as evaluation criteria. In general, the Asian dust and meteorological variables in the source region showed high ACC in the prediction scale within one month. For all variables, the use of the initial dates closest to the prediction month led to the best performances based on MBE, RMSE, and ACC, and the performances could be improved by adjusting the number of ensembles considering the combination of the initial date. ACC was as high as 0.4 in Spring when using the closest two initial dates. In particular, the GloSea5-ADAM shows the best performance of Asian dust generation with an ACC of 0.60 in the occurrence frequency of Asian dust in March when using the closest initial dates for initial conditions.

Development of the Expert Seasonal Prediction System: an Application for the Seasonal Outlook in Korea

  • Kim, WonMoo;Yeo, Sae-Rim;Kim, Yoojin
    • Asia-Pacific Journal of Atmospheric Sciences
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    • v.54 no.4
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    • pp.563-573
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    • 2018
  • An Expert Seasonal Prediction System for operational Seasonal Outlook (ESPreSSO) is developed based on the APEC Climate Center (APCC) Multi-Model Ensemble (MME) dynamical prediction and expert-guided statistical downscaling techniques. Dynamical models have improved to provide meaningful seasonal prediction, and their prediction skills are further improved by various ensemble and downscaling techniques. However, experienced scientists and forecasters make subjective correction for the operational seasonal outlook due to limited prediction skills and biases of dynamical models. Here, a hybrid seasonal prediction system that grafts experts' knowledge and understanding onto dynamical MME prediction is developed to guide operational seasonal outlook in Korea. The basis dynamical prediction is based on the APCC MME, which are statistically mapped onto the station-based observations by experienced experts. Their subjective selection undergoes objective screening and quality control to generate final seasonal outlook products after physical ensemble averaging. The prediction system is constructed based on 23-year training period of 1983-2005, and its performance and stability are assessed for the independent 11-year prediction period of 2006-2016. The results show that the ESPreSSO has reliable and stable prediction skill suitable for operational use.

Assessment of Ocean Surface Current Forecasts from High Resolution Global Seasonal Forecast System version 5 (고해상도 기후예측시스템의 표층해류 예측성능 평가)

  • Lee, Hyomee;Chang, Pil-Hun;Kang, KiRyong;Kang, Hyun-Suk;Kim, Yoonjae
    • Ocean and Polar Research
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    • v.40 no.3
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    • pp.99-114
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    • 2018
  • In the present study, we assess the GloSea5 (Global Seasonal Forecasting System version 5) near-surface ocean current forecasts using globally observed surface drifter dataset. Annual mean surface current fields at 0-day forecast lead time are quite consistent with drifter-derived velocity fields, and low values of root mean square (RMS) errors distributes in global oceans, except for regions of high variability, such as the Antarctic Circumpolar Current, Kuroshio, and Gulf Stream. Moreover a comparison with the global high-resolution forecasting system, HYCOM (Hybrid Coordinate Ocean Model), signifies that GloSea5 performs well in terms of short-range surface-current forecasts. Predictions from 0-day to 4-week lead time are also validated for the global ocean and regions covering the main ocean basins. In general, the Indian Ocean and tropical regions yield relatively high RMS errors against all forecast lead times, whilst the Pacific and Atlantic Oceans show low values. RMS errors against forecast lead time ranging from 0-day to 4-week reveal the largest increase rate between 0-day and 1-week lead time in all regions. Correlation against forecast lead time also reveals similar results. In addition, a strong westward bias of about $0.2m\;s^{-1}$ is found along the Equator in the western Pacific on the initial forecast day, and it extends toward the Equator of the eastern Pacific as the lead time increases.

Long-term Forecast of Seasonal Precipitation in Korea using the Large-scale Predictors (광역규모 예측인자를 이용한 한반도 계절 강수량의 장기 예측)

  • Kim, Hwa-Su;Kwak, Chong-Heum;So, Seon-Sup;Suh, Myoung-Seok;Park, Chung-Kyu;Kim, Maeng-Ki
    • Journal of the Korean earth science society
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    • v.23 no.7
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    • pp.587-596
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    • 2002
  • A super ensemble model was developed for the seasonal prediction of regional precipitation in Korea using the lag correlated large scale predictors, based on the empirical orthogonal function (EOF) analysis and multiple linear regression model. The predictability of this model was also evaluated by cross-validation. Correlation between the predicted and the observed value obtained from the super ensemble model showed 0.73 in spring, 0.61 in summer, 0.69 in autumn and 0.75 in winter. The predictability of categorical forecasting was also evaluated based on the three classes such as above normal, near normal and below normal that are clearly defined in terms of a priori specified by threshold values. Categorical forecasting by the super ensemble model has a hit rate with a range from 0.42 to 0.74 in seasonal precipitation.

A Prediction of Northeast Asian Summer Precipitation Using Teleconnection (원격상관을 이용한 북동아시아 여름철 강수량 예측)

  • Lee, Kang-Jin;Kwon, MinHo
    • Atmosphere
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    • v.25 no.1
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    • pp.179-183
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    • 2015
  • Even though state-of-the-art general circulation models is improved step by step, the seasonal predictability of the East Asian summer monsoon still remains poor. In contrast, the seasonal predictability of western North Pacific and Indian monsoon region using dynamic models is relatively high. This study builds canonical correlation analysis model for seasonal prediction using wind fields over western North Pacific and Indian Ocean from the Global Seasonal Forecasting System version 5 (GloSea5), and then assesses the predictability of so-called hybrid model. In addition, we suggest improvement method for forecast skill by introducing the lagged ensemble technique.