Wind forecasting is critical in the wind power industry, yet forecasting errors often exist. In order to effectively correct the forecasting error, this study develops a weather adapted bias correction scheme on the basis of an average bias-correction method, which considers the deviation of estimated biases associated with the difference in weather type within each unit of the statistical samp...

in recent years, use of fuzzy collection theories for modeling of hydrological phenomenon's that is including complexity and uncertainly is considered scholars. so in this research, adaptive neuro-fuzzy inference system (anfis) is used for performance of river flow forecasting process. in this research, three parameters such as raining, temperature and daily discharge of lighvanchai basin ...

the emphasis of this paper is the role of volatility indices on improvement artificial neural networks (anns) forecasting models for the daily usd/eur and usd/gbp exchange rates two volatility indices are used. first; the realized volatility, which is based on intra-daily data, and second the garch volatility. they are applied into the model in two ways. firstly, the lagged volatility index is ...

We study a model in which individual agents use simple linear first order price forecasting rules, adapting them to the complex evolving market environment with a smart Genetic Algorithm optimization procedure. The novelties are: (1) a parsimonious experimental foundation of individual forecasting behaviour; (2) an explanation of individual and aggregate behavior in four different experimental ...

Good ATM network cash management requires accurate information of future cash demand. In this paper we compare computational intelligence models when performing cash flow forecasting for one day. Adaptive input selection and model parameter identification are used with every forecasting model in order to perform more flexible comparison. Experimental data contains 200 ATMs from real ATM network...

Electric load forecasting is an important issue for a power utility, associated with the management of daily operations such as energy transfer scheduling, unit commitment, and load dispatch. Inspired by strong non-linear learning capability of support vector regression (SVR), this paper presents a SVR model hybridized with the empirical mode decomposition (EMD) method and auto regression (AR) ...

Due to the liberalization of countless electricity markets, load forecasting has become crucial to all public utilities for which electricity is a strategic variable. With the goal of contributing to the forecasting process inside public utilities, this paper addresses the issue of applying the Holt-Winters exponential smoothing technique and the time series analysis for forecasting the hourly ...

This paper looks at forecasting daily exchange rates for the United Kingdom, European Union, and China. Here, the authors evaluate the forecasting performance of neural networks (NN), vector singular spectrum analysis (VSSA), and recurrent singular spectrum analysis (RSSA) for forecasting exchange rates in these countries. The authors find statistically significant evidence based on the RMSE, t...

The fashion industry is a very fascinating sector for the sales forecasting. Indeed, the long time-to-market which contrasts with the short life cycle of products, makes the forecasting process very challenging. A suitable forecasting system should also deal with the specificities of the demand: fashion trends, seasonality, influence of many exogenous factors, . . . . We propose here a review o...

A multiphysics and a stochastic kinetic-energy backscatter scheme are employed to represent model uncertainty in a mesoscale ensemble prediction system using the Weather Research and Forecasting model. Both model-error schemes lead to significant improvements over the control ensemble system that is simply a downscaled global ensemble forecast with the same physics for each ensemble member. The...