• Title/Summary/Keyword: supply forecasting

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Implementation of Daily Water Supply Prediction System by Artificial Intelligence Models (일급수량 예측을 위한 인공지능모형 구축)

  • Yeon, In-sung;Jun, Kye-won;Yun, Seok-whan
    • Journal of Korean Society of Water and Wastewater
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    • v.19 no.4
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    • pp.395-403
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    • 2005
  • It is very important to forecast water supply for reasonal operation and management of water utilities. In this paper, water supply forecasting models using artificial intelligence are developed. Artificial intelligence models shows better results by using Temperature(t), water supply discharge (t-1) and water supply discharge (t-2), which are expressed by neural network(LMNNWS; Levenberg-Marquardt Neural Network for Water Supply, MDNNWS; MoDular Neural Network for Water Supply) and neuro fuzzy(ANASWS; Adaptive Neuro-Fuzzy Inference Systems for Water Supply). ANFISWS model which is applied for water supply forecasting shows stable application to the variable water supply data. As results, MDNNWS model shows the highest overall accuracy among proposed water supply forecasting models and the lowest estimation error with the order of ANFISWS, LMNNWS model.

A System Dynamics Model for Basic Material Price and Fare Analysis and Forecasting (시스템 시뮬레이션을 통한 원자재 가격 및 운송 운임 모델)

  • Jung, Jae-Heon
    • Korean System Dynamics Review
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    • v.10 no.1
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    • pp.61-76
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    • 2009
  • We try to use system dynamics to forecast the demand/supply and price, also transportation fare for iron ore. Iron ore is very important mineral resource for industrial production. The structure for this system dynamics shows non-linear pattern and we anticipated the system dynamic method will catch this non-linear reality better than the regression analysis. Our model is calibrated and tested for the past 6 year monthly data (2003-2008) and used for next 6 year monthly data(2008-2013) forecasting. The test results show that our system dynamics approach fits the real data with higher accuracy than the regression one. And we have run the simulations for scenarios made by possible future changes in demand or supply and fare related variables. This simulations imply some meaningful price and fare change patterns.

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Regional Long-term/Mid-term Load Forecasting using SARIMA in South Korea (계절 ARIMA 모형을 이용한 국내 지역별 전력사용량 중장기수요예측)

  • Ahn, Byung-Hoon;Choi, Hoe-Ryeon;Lee, Hong-Chul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.12
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    • pp.8576-8584
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    • 2015
  • Load forecasting is needed to make supply and demand plan for a stable supply of electricity. It is also necessary for optimal operational plan of the power system planning. In particular, in order to ensure stable power supply, long-term load forecasting is important. And regional load forecasting is important for tightening supply stability. Regional load forecasting is known to be an essential process for the optimal state composition and maintenance of the electric power system network including transmission lines and substations to meet the load required for the area. Therefore, in this paper we propose a forecasting method using SARIMA during the 12 months (long-term/mid-term) load forecasting by 16 regions of the South Korea.

Development of Water Demand Forecasting Simulator and Performance Evaluation (단기 물 수요예측 시뮬레이터 개발과 예측 알고리즘 성능평가)

  • Shin, Gang-Wook;Kim, Ju-Hwan;Yang, Jae-Rheen;Hong, Sung-Taek
    • Journal of Korean Society of Water and Wastewater
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    • v.25 no.4
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    • pp.581-589
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    • 2011
  • Generally, treated water or raw water is transported into storage reservoirs which are receiving facilities of local governments from multi-regional water supply systems. A water supply control and operation center is operated not only to manage the water facilities more economically and efficiently but also to mitigate the shortage of water resources due to the increase in water consumption. To achieve the goal, important information such as the flow-rate in the systems, water levels of storage reservoirs or tanks, and pump-operation schedule should be considered based on the resonable water demand forecasting. However, it is difficult to acquire the pattern of water demand used in local government, since the operating information is not shared between multi-regional and local water systems. The pattern of water demand is irregular and unpredictable. Also, additional changes such as an abrupt accident and frequent changes of electric power rates could occur. Consequently, it is not easy to forecast accurate water demands. Therefore, it is necessary to introduce a short-term water demands forecasting and to develop an application of the forecasting models. In this study, the forecasting simulator for water demand is developed based on mathematical and neural network methods as linear and non-linear models to implement the optimal water demands forecasting. It is shown that MLP(Multi-Layered Perceptron) and ANFIS(Adaptive Neuro-Fuzzy Inference System) can be applied to obtain better forecasting results in multi-regional water supply systems with a large scale and local water supply systems with small or medium scale than conventional methods, respectively.

Resource Demand/Supply and Price Forecasting -A Case of Nickel- (자원 수급 및 가격 예측 -니켈 사례를 중심으로-)

  • Jung, Jae-Heon
    • Korean System Dynamics Review
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    • v.9 no.1
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    • pp.125-141
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    • 2008
  • It is very difficult to predict future demand/supply, price for resources with acceptable accuracy using regression analysis. We try to use system dynamics to forecast the demand/supply and price for nickel. Nickel is very expensive mineral resource used for stainless production or other industrial production like battery, alloy making. Recent nickel price trend showed non-linear pattern and we anticipated the system dynamic method will catch this non-linear pattern better than the regression analysis. Our model has been calibrated for the past 6 year quarterly data (2002-2007) and tested for next 5 year quarterly data(2008-2012). The results were acceptable and showed higher accuracy than the results obtained from the regression analysis. And we ran the simulations for scenarios made by possible future changes in demand or supply related variables. This simulations implied some meaningful price change patterns.

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Short-term Water Demand Forecasting Algorithm Based on Kalman Filtering with Data Mining (데이터 마이닝과 칼만필터링에 기반한 단기 물 수요예측 알고리즘)

  • Choi, Gee-Seon;Shin, Gang-Wook;Lim, Sang-Heui;Chun, Myung-Geun
    • Journal of Institute of Control, Robotics and Systems
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    • v.15 no.10
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    • pp.1056-1061
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    • 2009
  • This paper proposes a short-term water demand forecasting algorithm based on kalman filtering with data mining for sustainable water supply and effective energy saving. The proposed algorithm utilizes a mining method of water supply data and a decision tree method with special days like Chuseok. And the parameters of MLAR (Multi Linear Auto Regression) model are estimated by Kalman filtering algorithm. Thus, we can achieve the practicality of the proposed forecasting algorithm through the good results applied to actual operation data.

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

  • Kim, Jung-Il;Cha, Kyoung-Cheon;Jun, Duk-Bin;Park, Dae- Keun;Park, Sung-Ho;Park, Myoung-Whan
    • IE interfaces
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    • v.18 no.3
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    • pp.343-349
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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.

Monthly Hanwoo supply and forecasting models

  • Hyungwoo, Lee;Seonu, Ji;Tongjoo, Suh
    • Korean Journal of Agricultural Science
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    • v.48 no.4
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    • pp.797-806
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    • 2021
  • As the number of scaled-up ranches increased and agile responses to market changes became possible, decision-making by Hanwoo cattle farms also began to affect short-term shipments. Considering the changing environment of the Hanwoo supply market and the response speed of producers, it is necessary quickly to grasp the forecast ahead of time and to respond accordingly in an effort to stabilize supply and demand in the Hanwoo market. In this study, short-term forecasting model centered on the supply of Hanwoo was established. The analysis conducted here indicates that the slaughter of Hanwoo males increases by 0.248 as the number of beef cattle raised over 29 months of age in the previous month increases by one, and 0.764 Hanwoo females were slaughtered under average conditions for every Hanwoo male slaughtered. With regard to time, the slaughtering of Hanwoo was higher in January and August, which are months known for holiday food preparation activities for the New Year and Chuseok in Korea, respectively. Simulations indicated that errors were within 10% in all simulations performed through the Hanwoo supply model. Accordingly, it is considered that the estimation results from the supply model devised in this study are reliable and that the model has good structural stability.

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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A Study on the Electric System Design by the Forecasting of Maximum Demand (최대수요전력 예측에 의한 전기계통 설계에 관한 연구)

  • 황규태;김수석
    • The Proceedings of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.6 no.1
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    • pp.29-39
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    • 1992
  • In this paper, the basic idea of optimum electric system design by means of the forecasting of maximum demand is presented, and the load characteristics and practical operating conditions are based on the technical data. After reconstruction of th model plant by use of above method, power supply reliability, future extention, initial cost, and running cost saving effects are analyzed. As a result, it is verified that the systems wherein the power is supply to each load frm main transformer whose capacity is calculated by forecasting are economic rather than the systems wherein the power is supply to each electric feeders from each corresponding transformer.

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