• Proceedings of the KIEE Conference
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• 2015.07a
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• pp.300-301
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• 2015

Accurate and robust load forecasting model plays very important role in power system operation. In case of short-term electric load forecasting, its results offer standard to decide a price of electricity and also can be used shaving peak. For this reason, various models have been developed to improve accuracy of load forecasting. This paper proposes a newly forecasting model for weather sensitive season including temperature and Cooling Degree Hour(C.D.H) data as an input. This Forecasting model consists of previous electric load and preprocessed temperature, constant, parameter. It optimizes load forecasting model to fit actual load by PSO and results are compared to Holt-Winters and Artificial Neural Network. Proposing method shows better performance than comparison groups.

• Journal of the Korean Society of Industry Convergence
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• v.2 no.2
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• pp.51-59
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• 1999

This study aims at the development of the techniques for the rainfall forecasting in river basins by applying neural network theory and compared with results of Multivariate Model (MVM). This study forecasts rainfall and compares with a observed values in the San Chung gauging stations of Nakdong river basin for the rainfall forecasting of river basin by proposed Neural Network Model(NNM). For it, a multi-layer Neural Network is constructed to forecast rainfall. The neural network learns continuous-valued input and output data. The result of rainfall forecasting by the Neural Network Model is superior to the results of Multivariate Model for rainfall forecasting in the river basin. So I think that the Neural Network Model is able to be much more reliable in the rainfall forecasting.

• Proceedings of the Korea Water Resources Association Conference
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• 2004.05b
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• pp.62-71
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• 2004

There are 109 A class rivers in Japan. One purpose of river management is to reduce the flooding. For this purpose, government provides the information to public, as flood forecasting, rainfall forecasting and estimate the runoff magnitude to avoid the flood and inundation. In this paper, we introduce current situation of flood forecasting and rainfall forecasting in Japan, and we describe how to use the information of flood forecasting and rainfall forecasting in conjunction with current strategy for river management.

• Management Science and Financial Engineering
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• v.19 no.1
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• pp.1-10
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• 2013

Hierarchical forecasting strategy does not always outperform direct forecasting strategy. The performance generally depends on demand features. This research guides the use of the alternative forecasting strategies according to demand features. This paper developed and evaluated various classification models such as logistic regression (LR), artificial neural networks (ANN), decision trees (DT), boosted trees (BT), and random forests (RF) for predicting the relative performance of the alternative forecasting strategies for the South Korean navy's spare parts demand which has non-normal characteristics. ANN minimized classification errors and inventory costs, whereas LR minimized the Brier scores and the sum of forecasting errors.

• Magazine of the Korean Society of Agricultural Engineers
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• v.37 no.3_4
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• pp.48-60
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• 1995

A flood - flow forecasting system model of river basins has been developed in this study. The system model consists of the data management system(the observation and telemetering system, the rainfall forecasting and data-bank system), the flood runoff simulation system, the reservoir operation simulation system, the flood forecasting simulation system, the flood warning system and the user's menu system. The Multivariate Rainfall Forecasting model, Meteorological factor regression model and Zone expected rainfall model for rainfall forecasting and the Streamflow synthesis and reservoir regulation(SSARR) model for flood runoff simulation have been adopted for the development of a new system model for flood - flow forecasting. These models are calibrated to determine the optimal parameters on the basis of observed rainfall, 7 streamfiow and other hydrological data during the past flood periods.

• Proceedings of the IEEK Conference
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• 2000.07b
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• pp.1037-1040
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• 2000

We introduce the forecasting method for a next day electric peak load that uses the optimal combination of two types of neural networks. First network uses learning data that are past 10days of the target day. We name the neural network Short Term Neural Network (STNN). Second network uses those of last year. We name the neural network Long Term Neural Network (LTNN). Then we get the forecasting results that are the linear combination of the forecasting results by STNN and the forecasting results by LTNN. We name the method Combination Forecasting Method (CFM). Then we discuss the optimal combination of STNN and LTNN. Using CFM of the optimal combination of STNN and LTNN, we can reduce the forecasting error.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.48 no.4
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• pp.365-370
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• 1999

This paper describes the Weekly Load Forecasting Expert System(Named WLoFy) which was developed and implemented for Korea Electric Power Corporation(KEPCO). WLoFy was designed to provide user oriented features with a graphical user interface to improve the user interaction. The various forecasting models such as exponential smoothing, multiple regression, artificial nerual networks, rult-based model, and relative coefficient model also have been included in WLofy to increase the forecasting accuracy. The simulation based on historical data shows that the weekly forecasting results form WLoFy is an improvement when compared to the results from the conventional methods. Especially the forecasting accuracy on special days has been improved remakably.

• Journal of Electrical Engineering and Technology
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• v.13 no.4
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• pp.1419-1424
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• 2018

Very short-term electric load forecasting is essential for real-time power system operation. In this paper, a very short-term electric load forecasting technique applying the Kalman filter algorithm is proposed. In order to apply the Kalman filter algorithm to electric load forecasting, an electrical load forecasting algorithm is defined as an observation model and a state space model in a time domain. In addition, in order to precisely reflect the noise characteristics of the Kalman filter algorithm, the optimal error covariance matrixes Q and R are selected from several experiments. The proposed algorithm is expected to contribute to stable real-time power system operation by providing a precise electric load forecasting result in the next six hours.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.44-48
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• 2015

Housing price is a key indicator of housing demand. Actual Transaction Price Index of Apartment (ATPIA) released by Korea Appraisal Board is useful to understand the current level of housing price, but it does not forecast future prices. Big data such as the frequency of internet search queries is more accessible and faster than ever. Forecasting future housing demand through big data will be very helpful in housing market. The objective of this study is to develop a forecasting model of ATPIA as a part of forecasting housing demand. For forecasting, a concept of time shift was applied in the model. As a result, the forecasting model with the time shift of 5 months shows the highest coefficient of determination, thus selected as the optimal model. The mean error rate is 2.95% which is a quite promising result.

• Journal of Applied Tourism Food and Beverage Management and Research
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• v.13 no.1
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• pp.119-145
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• 2002

The objective of this study is to present an up-to-date and more comprehensive review of tourism as well as hotel and restaurant business forecasting literature. Major reports of business forecasting studies classified into three broad sections including the hotel sector, restaurant sector, and tourism sector chronologically. The focus and descriptions of findings of those studies are reviewed, compared, and critiqued comprehensively, while capturing major trends of forecasting studies.