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Subject: search.filters.subject.Forecasting

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    PublicationOpen Access
    Cascaded Adaptive Network-Based Fuzzy Inference System for Hydropower Forecasting
    (MDPI, 2022-04-10) Rathnayake, N; Rathnayake, U; Dang, T. L; Hoshino, Y
    Hydropower stands as a crucial source of power in the current world, and there is a vast range of benefits of forecasting power generation for the future. This paper focuses on the significance of climate change on the future representation of the Samanalawewa Reservoir Hydropower Project using an architecture of the Cascaded ANFIS algorithm. Moreover, we assess the capacity of the novel Cascaded ANFIS algorithm for handling regression problems and compare the results with the state-of-art regression models. The inputs to this system were the rainfall data of selected weather stations inside the catchment. The future rainfalls were generated using Global Climate Models at RCP4.5 and RCP8.5 and corrected for their biases. The Cascaded ANFIS algorithm was selected to handle this regression problem by comparing the best algorithm among the state-of-the-art regression models, such as RNN, LSTM, and GRU. The Cascaded ANFIS could forecast the power generation with a minimum error of 1.01, whereas the second-best algorithm, GRU, scored a 6.5 error rate. The predictions were carried out for the near-future and mid-future and compared against the previous work. The results clearly show the algorithm can predict power generation's variation with rainfall with a slight error rate. This research can be utilized in numerous areas for hydropower development.
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    PublicationEmbargo
    A new hybrid fuzzy time series model with an application to predict PM10 concentration
    (www.elsevier.com/locate/ecoenv, 2021-10-28) Alyousifi, Y; Othman, M; Husin, A; Rathnayake, U. S
    Fuzzy time series (FTS) forecasting models show a great performance in predicting time series, such as air pollution time series. However, they have caused major issues by utilizing random partitioning of the universe of discourse and ignoring repeated fuzzy sets. In this study, a novel hybrid forecasting model by integrating fuzzy time series to Markov chain and C-Means clustering techniques with an optimal number of clusters is presented. This hybridization contributes to generating effective lengths of intervals and thus, improving the model accuracy. The proposed model was verified and validated with real time series data sets, which are the benchmark data of actual trading of Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) and PM10 concentration data from Melaka, Malaysia. In addition, a comparison was made with some existing fuzzy time series models. Furthermore, the mean absolute percentage error, mean squared error and Theil's U statistic were calculated as evaluation criteria to illustrate the performance of the proposed model. The empirical analysis shows that the proposed model handles the time series data sets more efficiently and provides better overall forecasting results than existing FTS models. The results prove that the proposed model has greatly improved the prediction accuracy, for which it outperforms several fuzzy time series models. Therefore, it can be concluded that the proposed model is a better option for forecasting air pollution parameters and any kind of random parameters.
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    PublicationOpen Access
    A study of factors affecting the exports of the garment industry in sri lanka
    (Faculty of Graduate Studies and Research, 2017-01-26) Abeynanda, H.K.
    Since the export of textiles and apparel products is one of the biggest industries in Sri Lanka, and one which plays a key role in advancing the country's economy, this paper examines the main factors affecting the exports of the garment industry in Sri Lanka. After detailed analysis of the Sri Lankan garment industry, garment exports by direct competitors to the United States and the European Union, Inflation rate, Foreign Exchange rate, Generalised System of Preferences Plus scheme, wage of workers, number of unskilled migrants, tsunami disaster have been considered in this study to identify the main factors which influence the exports of the garment industry. After identifying the main factors, this paper aims to develop a factor model to forecast the garment exports of Sri Lanka. For this purpose this paper has used MINITAB and SPSS as main statistical software.