منابع مشابه
Demand Forecasting: Evidence-based Methods
In recent decades, much comparative testing has been conducted to determine which forecasting methods are more effective under given conditions. This evidence-based approach leads to conclusions that differ substantially from current practice, . This paper summarizes the primary findings on what to do – and what not to do. When quantitative data are scarce, impose structure by using expert surv...
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Intermittent demand or ID (also known as sporadic demand) comes about when a product experiences several periods of zero demand. Often in these situations, when demand occurs it is small, and sometimes highly variable in size. ID is often experienced in industries such as aviation, automotive, defence and manufacturing; it also typically occurs with products nearing the end of their life cycle....
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Long-term demand forecasting presents the first step in planning and developing future generation, transmission and distribution facilities. One of the primary tasks of an electric utility accurately predicts load demand requirements at all times, especially for long-term. Based on the outcome of such forecasts, utilities coordinate their resources to meet the forecasted demand using a least-co...
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Online short-term load forecasting is needed for the real-time scheduling of electricity generation. Univariate methods have been developed that model the intraweek and intraday seasonal cycles in intraday load data. Three such methods, shown to be competitive in recent empirical studies, are double seasonal ARMA, an adaptation of Holt-Winters exponential smoothing for double seasonality, and a...
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Introduction Forecasting demand is both a science and an art. Econometric methods of forecasting, in the context of energy demand forecasting, can be described as ‘the science and art of specification, estimation, testing and evaluation of models of economic processes’ that drive the demand for fuels. The need and relevance of forecasting demand for an electric utility has become a much-discuss...
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ژورنال
عنوان ژورنال: Galic'kij ekonomičnij visnik
سال: 2018
ISSN: 2409-8892
DOI: 10.33108/galicianvisnyk_tntu2018.01.113