scholarly journals Forecasting Electricity Consumption Using Time Series Model

2018 ◽  
Vol 7 (4.30) ◽  
pp. 218 ◽  
Author(s):  
Y.W. Lee ◽  
K.G. Tay ◽  
Y.Y. Choy
Keyword(s):  
Mean Square Error ◽  
Future Development ◽  
Linear Trend ◽  
Moving Average ◽  
Demand Forecasting ◽  
Electricity Consumption ◽  
Electricity Sector ◽  
Percentage Error ◽  
Mean Square ◽  
Monthly Electricity Consumption

Electricity demand forecasting is important for planning and facility expansion in the electricity sector.  Accurate forecasts can save operating and maintenance costs, increased the reliability of power supply and delivery system, and correct decisions for future development.  Universiti Tun Hussein Onn Malaysia (UTHM) which is a developing university in Malaysia has been growing since its formation in 1993.  Thus, it is important for UTHM to forecast the electricity consumption in future so that the future development can be determined.  Hence, UTHM electricity consumption was forecasted by using the simple moving average (SMA), weighted moving average (WMA), simple exponential smoothing (SES), Holt linear trend (HL), Holt-Winters (HW) and centered moving average (CMA).  The monthly electricity consumption from January 2011 to December 2017 was used to forecast January to December 2018 monthly electricity consumption.  HW gives the smallest mean absolute error (MAE) and mean absolute percentage error (MAPE), while CMA produces the lowest mean square error (MSE) and root mean square error (RMSE).  As there is a decreasing population of UTHM after the moving of four faculties to Pagoh and HW forecasted trend is decreasing whereas CMA is increasing, hence HW might forecast better in this problem.

scholarly journals Multi-State Load Demand Forecasting Using Hybridized Support Vector Regression Integrated with Optimal Design of Off-Grid Energy Systems—A Metaheuristic Approach

Processes ◽  
2021 ◽  
Vol 9 (7) ◽  
pp. 1166
Author(s):  
Bashir Musa ◽  
Nasser Yimen ◽  
Sani Isah Abba ◽  
Humphrey Hugh Adun ◽  
Mustafa Dagbasi
Keyword(s):  
Support Vector Regression ◽  
Mean Square Error ◽  
Prediction Accuracy ◽  
Demand Forecasting ◽  
Load Forecasting ◽  
Coefficient Of Determination ◽  
Percentage Error ◽  
Support Vector ◽  
Mean Square ◽  
Hybrid Renewable Energy System

The prediction accuracy of support vector regression (SVR) is highly influenced by a kernel function. However, its performance suffers on large datasets, and this could be attributed to the computational limitations of kernel learning. To tackle this problem, this paper combines SVR with the emerging Harris hawks optimization (HHO) and particle swarm optimization (PSO) algorithms to form two hybrid SVR algorithms, SVR-HHO and SVR-PSO. Both the two proposed algorithms and traditional SVR were applied to load forecasting in four different states of Nigeria. The correlation coefficient (R), coefficient of determination (R2), mean square error (MSE), root mean square error (RMSE), and mean absolute percentage error (MAPE) were used as indicators to evaluate the prediction accuracy of the algorithms. The results reveal that there is an increase in performance for both SVR-HHO and SVR-PSO over traditional SVR. SVR-HHO has the highest R2 values of 0.9951, 0.8963, 0.9951, and 0.9313, the lowest MSE values of 0.0002, 0.0070, 0.0002, and 0.0080, and the lowest MAPE values of 0.1311, 0.1452, 0.0599, and 0.1817, respectively, for Kano, Abuja, Niger, and Lagos State. The results of SVR-HHO also prove more advantageous over SVR-PSO in all the states concerning load forecasting skills. This paper also designed a hybrid renewable energy system (HRES) that consists of solar photovoltaic (PV) panels, wind turbines, and batteries. As inputs, the system used solar radiation, temperature, wind speed, and the predicted load demands by SVR-HHO in all the states. The system was optimized by using the PSO algorithm to obtain the optimal configuration of the HRES that will satisfy all constraints at the minimum cost.

scholarly journals COMPARISON OF SOME STATISTICAL FORECASTING TECHNIQUES WITH GMDH PREDICTOR: A CASE STUDY

2018 ◽  
Vol 47 (1) ◽  
pp. 16-21 ◽  
Author(s):  
Syed Misbah Uddin ◽  
Aminur Rahman ◽  
Emtiaz Uddin Ansari
Keyword(s):  
Time Series ◽  
Mean Square Error ◽  
Moving Average ◽  
Exponential Smoothing ◽  
Mean Absolute Percentage Error ◽  
Percentage Error ◽  
Mean Absolute Deviation ◽  
Mean Square ◽  
Absolute Deviation ◽  
Absolute Percentage Error

Demand forecasts are extremely important for manufacturing industry and also needed for all type of business and business suppliers for distribution of finish products to the consumer on time. This study is concerned with the determination of accurate models for forecasting cement demand. In this connection this paper presents results obtained by using a self-organizing model and compares them with those obtained by usual statistical techniques. For this purpose, Monthly sales data of a typical cement ranging from January, 2007 to February, 2016 were collected. A nonlinear modelling technique based on Group Method of Data Handling (GMDH) is considered here to derive forecasts. Forecast were also made by using various time series smoothing techniques such as exponential smoothing, double exponential smoothing, moving average, weightage moving average and regression method. The actual data were compared to the forecast generated by the time series model and GMDH model. The mean absolute deviation (MAD, mean absolute percentage error (MAPE) and mean square error (MSE) were also calculated for comparing the forecasting accuracy. The comparison of modelling results shows that the GMDH model perform better than other statistical models based on terms of mean absolute deviation (MAD), mean absolute percentage error (MAPE) and mean square error (MSE).

scholarly journals PERBANDINGAN METODE FTS DAN MA PADA PERAMALAN PERSEDIAAN BERAS

2020 ◽  
Vol 6 (3) ◽  
pp. 29-36
Author(s):  
Deddy Kusbianto ◽  
Agung Pramudhita ◽  
Nurhalimah
Keyword(s):  
Time Series ◽  
Mean Square Error ◽  
Moving Average ◽  
Mean Absolute Percentage Error ◽  
Fuzzy Time Series ◽  
Percentage Error ◽  
Mean Absolute Deviation ◽  
Mean Square ◽  
Absolute Deviation ◽  
Absolute Percentage Error

Dalam memenuhi kebutuhan masyarakat Kabupaten Malang dan menjaga stabilitas ketersediaan beras pemerintah setempat perlu melakukan proses peramalan. Dimana dalam melakukan proses peramalan menggunakan metode peramalan, salah satunya dengan menggunakan metode Fuzzy Time Series dan Moving Average yaitu dengan menangkap pola dari data yang telah lalu kemudian digunakan untuk memproyeksikan data yang akan da¬¬tang. Dari hasil implementasi dua metode tersebut menghasilkan perbandingan jumlah persediaan beras. hasil perbandingan tersebut akan dipakai untuk mengukur tingkat error dari masing – masing metode dengan menggunakan MAD (Mean Absolute Deviation), MSE (Mean Square Error), RMSE ( Root Square Error ) dan MAPE (Mean Absolute Percentage Error). Kesimpulannya adalah metode fuzzy time series cocok digunakan untuk studi kasus peramalan persediaan beras dibandingkan menggunakan metode moving average. Sehingga untuk proses peramalan selanjutnya dan untuk mendapatkan hasil dengan tingkat error sedikit dapat menggunakan metode fuzzy time series

scholarly journals PERAMALAN JUMLAH MAHASISWA MENGGUNAKAN MOVING AVERAGE

Telematika ◽  
2018 ◽  
Vol 15 (1) ◽  
pp. 67
Author(s):  
Hari Prapcoyo
Keyword(s):  
Mean Square Error ◽  
Mean Absolute Error ◽  
Average Length ◽  
Moving Average ◽  
Absolute Error ◽  
Mean Absolute Percentage Error ◽  
Percentage Error ◽  
Mean Square ◽  
Absolute Percentage Error ◽  
Weighted Moving Average

AbstractThe Process of using resources in higher education is influenced by the up and down of the number students. The purpose of this study is to predict the number of students who study in the department of informatics engineering UPN Veteran Yogyakarta for the next periods. This research, data is taken from forlap dikti for Informatics Engineering fom 2009 until 2016 at UPN Veteran Yogyakarta. The method that used to forecast the number of students is a Moving Average method consisting of: Single Moving Average (SMA), Weighted Moving Average (WMA) and Exponential Moving Average (EMA). This study will use the forecasting accuracy namely Mean Square Error (MSE), Mean Absolute Error (MAE) and Mean Absolute Percentage Error (MAPE) to select the best model to be used for forecasting. The best model that used for forecasting is Weighted Moving Average (WMA) with weighted 1/3 and average length (n) used for 2. The smallest value for MSE of 5807.96; the smallest MAE value of 55.89 and the smallest value for MAPE of 5.24%. Forecasting of the number of students for four semesters in the future after the even semester of 2016 are respectively: 902; 901,33; 901,56 and 901,48. Keywords : Forecasting, UPN Veteran Yogyakarta, Single moving average(SMA) AbstrakProses penggunaan sumber daya perguruan tinggi setiap tahun dipengaruhi oleh naik turunnya jumlah mahasiswa. Tujuan dari penelitian ini adalah untuk memprediksi jumlah mahasiswa yang kuliah di jurusan teknik informatika UPN Veteran Yogyakarta untuk periode yang akan datang. Data penelitian ini diambil dari forlap dikti untuk Teknik Informatika dari tahun 2009 sampai 2016 UPN Veteran Yogyakarta. Metode yang digunakan untuk melakukan peramalan jumlah mahasiswa adalah metode Moving Average yang tediri dari : Single Moving Average (SMA), Weighted Moving Average (WMA) dan Exponential Moving Average (EMA). Penelitian ini akan menggunkan akurasi peramalan Mean Square Error (MSE), Mean Absolute Error (MAE) dan Mean Absolute Percentage Error (MAPE) untuk memilih model terbaik yang akan digunakan untuk peramalan. Model terbaik yang digunakan untuk peramalan yaitu Weighted Moving Average (WMA) dengan pembobot 1/3 dan panjang rata-rata (n) yang dipakai sebesar 2. Nilai terkecil untuk MSE sebesar 5807,96; nilai terkecil MAE sebesar 55,89 dan nilai terkecil untuk MAPE sebesar 5,24 %. Peramalan untuk jumlah mahasiswa empat semester kedepan setelah semester genap 2016 masing-masing adalah : 902; 901,33; 901,56 dan 901,48. Kata Kunci : Peramalan, UPN Veteran Yogyakarta, Single Moving Average(SMA).

scholarly journals Aplikasi Peramalan Alat Kesehatan Menggunakan Single Moving Average

2021 ◽  
Vol 3 (1) ◽  
pp. 40-45
Author(s):  
Ratih Yulia Hayuningtyas ◽  
Retno Sari
Keyword(s):  
Mean Square Error ◽  
Moving Average ◽  
Percentage Error ◽  
Mean Square

Banyak masyarakat yang memulai menjaga kesehatan dan imunitas tubuh dalam menghadapi pandemi ini. Alat kesehatan banyak dicari oleh masyarakat untuk pengecekan kesehatan tubuh. Banyaknya permintaan alat kesehatan ini membuat para penjual kehabisan persediaan barang. Kondisi seperti ini sering terjadi permasalahan tentang persediaan barang diantaranya yaitu kurangnya persediaan atau berlebihnya persediaan suatu barang. Kurangnya persediaan barang mengakibatkan tidak terpenuhi permintaan dari masyarakat sedangkan berlebihnya persediaan suatu barang berakibat pada kerugian. Untuk mengendalikan permintaan akan suatu barang seperti alat kesehatan dibutuhkan suatu metode peramalan yang digunakan untuk mengendalikan persediaan barang. Pada penelitian ini menggunakan metode Single Moving Average dan untuk mengetahui seberapa akurat hasil peramalan menggunakan Mean Absoulute Deviation, Mean Square Error, dan Mean Absoulute Percentage Error. Data yang digunakan yaitu data penjualan bulan januari-desember 2016 pada suatu barang alat kesehatan yaitu easy touch kolestrol strip dengan perhitungan peramalan menggunakan rata-rata 3 bulan. Hasil peramalan untuk persediaan di periode selanjutnya yaitu sebesar 52,33 dengan nilai akurasi peramalan Mean Absoulute Deviation 5.17, Mean Square Error 49.91 dan Mean Absoulute Percentage Error 11.56%

scholarly journals The CSS and The Two-Staged Methods for Parameter Estimation in SARFIMA Models

2011 ◽  
Vol 2011 ◽  
pp. 1-11 ◽  
Author(s):  
Erol Egrioglu ◽  
Cagdas Hakan Aladag ◽  
Cem Kadilar
Keyword(s):  
Time Series ◽  
Parameter Estimation ◽  
Root Mean Square Error ◽  
Mean Square Error ◽  
Simulation Study ◽  
Long Memory ◽  
Moving Average ◽  
Mean Square ◽  
Sample Sizes ◽  
Advantages And Disadvantages

Seasonal Autoregressive Fractionally Integrated Moving Average (SARFIMA) models are used in the analysis of seasonal long memory-dependent time series. Two methods, which are conditional sum of squares (CSS) and two-staged methods introduced by Hosking (1984), are proposed to estimate the parameters of SARFIMA models. However, no simulation study has been conducted in the literature. Therefore, it is not known how these methods behave under different parameter settings and sample sizes in SARFIMA models. The aim of this study is to show the behavior of these methods by a simulation study. According to results of the simulation, advantages and disadvantages of both methods under different parameter settings and sample sizes are discussed by comparing the root mean square error (RMSE) obtained by the CSS and two-staged methods. As a result of the comparison, it is seen that CSS method produces better results than those obtained from the two-staged method.

PERAMALAN TINGKAT PENGANGGURAN DI INDONESIA MENGGUNAKAN METODE TIME SERIES DENGAN MODEL ARIMA DAN HOLT-WINTERS

2021 ◽  
Vol 26 (1) ◽  
pp. 13-28
Author(s):  
Agus Sulaiman ◽  
Asep Juarna
Keyword(s):  
Time Series ◽  
Mean Square Error ◽  
Moving Average ◽  
Exponential Smoothing ◽  
Mean Square ◽  
Autoregressive Integrated Moving Average ◽  
Model Time Series

Beberapa penyebab terjadinya pengangguran di Indonesia ialah, tingkat urbanisasi, tingkat industrialisasi, proporsi angkatan kerja SLTA dan upah minimum provinsi. Faktor-faktor tersebut turut serta mempengaruhi persentase data terkait tingkat pengangguran menjadi sedikit fluktuatif. Berdasarkan pergerakan persentase data tersebut, diperlukan sebuah prediksi untuk mengetahui persentase tingkat pengangguran di masa depan dengan menggunakan konsep peramalan. Pada penelitian ini, peneliti melakukan analisis peramalan time series menggunakan metode Box-Jenkins dengan model Autoregressive Integrated Moving Average (ARIMA) dan metode Exponential Smoothing dengan model Holt-Winters. Pada penelitian ini, peramalan dilakukan dengan menggunakan dataset tingkat pengangguran dari tahun 2005 hingga 2019 per 6 bulan antara Februari hingga Agustus. Peneliti akan melihat evaluasi Range Mean Square Error (RMSE) dan Mean Square Error (MSE) terkecil dari setiap model time series. Berdasarkan hasil penelitian, ARIMA(0,1,12) menjadi model yang terbaik untuk metode Box-Jenkins sedangkan Holt-Winters dengan alpha(mean) = 0.3 dan beta(trend) = 0.4 menjadi yang terbaik pada metode Exponential Smoothing. Pemilihan model terbaik dilanjutkan dengan perbandingan nilai akurasi RMSE dan MSE. Pada model ARIMA(0,1,12) nilai RMSE = 1.01 dan MSE = 1.0201, sedangkan model Holt-Winters menghasilkan nilai RMSE = 0.45 dan MSE = 0.2025. Berdasarkan data tersebut terpilih model Holt-Winters sebagai model terbaik untuk peramalan data tingkat pengangguran di Indonesia.

scholarly journals Indian COVID-19 dynamics: Prediction using autoregressive integrated moving average modelling

2021 ◽  
Vol 52 (1) ◽  
pp. 6-14
Author(s):  
Amit Tak ◽  
Sunita Dia ◽  
Mahendra Dia ◽  
Todd Wehner
Keyword(s):  
Root Mean Square Error ◽  
Real Time ◽  
Mean Square Error ◽  
Root Mean Square ◽  
Moving Average ◽  
Information Criteria ◽  
Evidence Based ◽  
Mean Square ◽  
Autoregressive Integrated Moving Average ◽  
Akaike Information Criteria

Background: The forecasting of Coronavirus Disease-19 (COVID-19) dynamics is a centrepiece in evidence-based disease management. Numerous approaches that use mathematical modelling have been used to predict the outcome of the pandemic, including data-driven models, empirical and hybrid models. This study was aimed at prediction of COVID-19 evolution in India using a model based on autoregressive integrated moving average (ARIMA). Material and Methods: Real-time Indian data of cumulative cases and deaths of COVID-19 was retrieved from the Johns Hopkins dashboard. The dataset from 11 March 2020 to 25 June 2020 (n = 107 time points) was used to fit the autoregressive integrated moving average model. The model with minimum Akaike Information Criteria was used for forecasting. The predicted root mean square error (PredRMSE) and base root mean square error (BaseRMSE) were used to validate the model. Results: The ARIMA (1,3,2) and ARIMA (3,3,1) model fit best for cumulative cases and deaths, respectively, with minimum Akaike Information Criteria. The prediction of cumulative cases and deaths for next 10 days from 26 June 2020 to 5 July 2020 showed a trend toward continuous increment. The PredRMSE and BaseRMSE of ARIMA (1,3,2) model were 21,137 and 166,330, respectively. Similarly, PredRMSE and BaseRMSE of ARIMA (3,3,1) model were 668.7 and 5,431, respectively. Conclusion: It is proposed that data on COVID-19 be collected continuously, and that forecasting continue in real time. The COVID-19 forecast assist government in resource optimisation and evidence-based decision making for a subsequent state of affairs.

scholarly journals PEMODELAN JUMLAH PENDUDUK MISKIN DI JAWA TENGAH MENGGUNAKAN GEOGRAPHICALLY WEIGHTED REGRESSION (GWR)

2019 ◽  
Vol 4 (2) ◽  
pp. 10
Author(s):  
Sugi Haryanto ◽  
Gilang Axelline Andriani
Keyword(s):  
Sustainable Development ◽  
Root Mean Square Error ◽  
Mean Square Error ◽  
Root Mean Square ◽  
Geographically Weighted Regression ◽  
Sustainable Development Goals ◽  
Weighted Regression ◽  
Percentage Error ◽  
Mean Square ◽  
Development Goals

Kemiskinan merupakan sesuatu yang sering menjadi ukuran keberhasilan kepemimpinan seorang kepala daerah. Selain itu juga sebagai tujuan pertama Sustainable Development Goals (SDG’s) untuk dientaskan. Kebijakan yang tepat sangat penting dibuat demi tercapainya tujuan pembangunan berkelanjutan. Pemodelan Geographically Weighted Regression (GWR) penting digunakan untuk menyusun model di setiap kabupaten/kota sebagai dasar pembuat kebijakan. Peubah yang digunakan dalam penelitian ini yaitu jumlah penduduk miskin, Indeks Pembangunan Manusia (IPM), Tingkat Pengangguran Terbuka (TPT), dan Upah Minimum Kabupaten/kota (UMK). Tujuan penelitian ini yaitu menentukan faktor-faktor yang berpengaruh terhadap jumlah penduduk miskin di setiap kabupaten/kota di Jawa Tengah. Pemodelan GWR lebih efektif dalam menggambarkan jumlah penduduk miskin di kabupaten/kota di Jawa Tengah tahun 2018. Hal ini ditunjukkan dengan adanya penigkatan nilai R2 serta penurunan nilai Root Mean Square Error (RMSE) dan Mean Absolute Percentage Error (MAPE).

scholarly journals FORECASTING INTERNATIONAL TOURIST ARRIVALS IN MALAYSIA USING SARIMA AND HOLT-WINTERS MODEL

2020 ◽  
Vol 5 (18) ◽  
pp. 41-51
Author(s):  
Norliana Mohd Lip ◽  
Nur Shafiqah Jumery ◽  
Fatin Amira Ahmad Termizi ◽  
Nurul Atiqa Mulyadi ◽  
Norhasnelly Anuar ◽  
...  
Keyword(s):  
United Kingdom ◽  
Mean Square Error ◽  
Time Series Data ◽  
Tourism Industry ◽  
Series Data ◽  
Percentage Error ◽  
Mean Square ◽  
Public And Private ◽  
The United Kingdom ◽  
Tourism Flows

Tourism can be described as the activities of visitors who make a visit to the main destination outside their usual environment for less than a year for any purpose. The tourism industry has become one of the influential sectors in global economic growth. Thus, tourism forecasting plays an important role in public and private sectors concerning future tourism flows. This study is an attempt to determine the best model in forecasting the international tourist's arrival in Malaysia based on Box-Jenkins and Holt-Winters model. The comparison of the accuracy of the techniques between Box-Jenkins SARIMA and Holt-Winters model was done based on the value of Mean Square Error (MSE), Root Mean Square Error (RMSE) and Mean Absolute Percentage Error (MAPE). The secondary time series data were obtained from the Tourism Malaysia Department, which consists of a number of tourist arrivals from Singapore, Korea, and the United Kingdom from the year 2013 until the year 2017. The findings of this study suggest that the SARIMA and Holt-Winters model are suitable to be used in forecasting tourist arrivals. This study found that the Holt-Winters model is the appropriate model to forecast tourist arrivals from the United Kingdom (UK) and Korea. While SARIMA (1,1,1) (1,1,1)12 is the appropriate model for forecasting tourist arrivals from Singapore.

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