scholarly journals Forecasting Crude Oil Consumption in China Using a Grey Prediction Model with an Optimal Fractional-Order Accumulating Operator

Complexity ◽  
2018 ◽  
Vol 2018 ◽  
pp. 1-12 ◽  
Author(s):  
Huiming Duan ◽  
Guang Rong Lei ◽  
Kailiang Shao

Crude oil, which is an important part of energy consumption, can drive or hinder economic development based on its production and consumption. Reasonable predictions of crude oil consumption in China are meaningful. In this paper, we study the grey-extended SIGM model, which is directly estimated with differential equations. This model has high simulation and prediction accuracies and is one of the important models in grey theory. However, to achieve the desired modeling effect, the raw data must conform to a class ratio check. Unfortunately, the characteristics of the Chinese crude oil consumption data are not suitable for SIGM modeling. Therefore, in this paper, we use a least squares estimation to study the parametric operation properties of the SIGM model, and the gamma function is used to extend the integer order accumulation sequence to the fractional-order accumulation generation sequence. The first-order SIGM model is extended to the fractional-order FSIGM model. According to the particle swarm optimization (PSO) mechanism and the properties of the gamma function of the fractional-order cumulative generation operator, the optimal fractional-order particle swarm optimization algorithm of the FSIGM model is obtained. Finally, the data concerning China’s crude oil consumption from 2002 to 2014 are used as experimental data. The results are better than those of the classical grey GM, DGM, and NDGM models as well as those of the grey-extended SIGM model. At the same time, according to the FSIGM model, this paper predicts China’s crude oil consumption for 2015–2020.

2019 ◽  
Vol 2019 ◽  
pp. 1-10 ◽  
Author(s):  
Haiming Liu ◽  
Wei Guo ◽  
Chao Zhang ◽  
Huaihao Yang

It is of vital significance to accurately forecast the settlement of high fill subgrade, which is the foundation for disaster prevention and treatment of subgrade. According to the monitoring data of high fill subgrade, a novel model, called PSOMGVM model, based on particle swarm optimization (PSO) and Markov chain is proposed. Firstly, the typical characteristics of settlement curve are analyzed from the aspect of geomechanics theory and based on the grey theory, the grey Verhulst model (GVM) with unequal time-interval is proposed. Then, according to the theory of Markov chain, the grey Verhulst model is built to revise the relative residuals of the GVM, in which the effects of volatility characteristics can be considered. Finally, the PSOMGVM model based on PSO algorithm and Markov chain is set up, which whitens the parameters of the grey interval. In order to demonstrate the fitness and the ability of the proposed model, five competing models are introduced to predict the settlement of the high fill subgrade of Xiangli Expressway in Yunnan Province. Through the analysis of APE, MAPE, and RMSE, it states that the accuracy and performance of the PSOMGVM model outperform the other five competing models for simulative and predictive periods.


Sign in / Sign up

Export Citation Format

Share Document