With increasing importance being attached to big data mining, analysis, and forecasting in the field of wind energy, how to select an optimization model to improve the forecasting accuracy of the wind speed time series is not only an extremely challenging problem, but also a problem of concern for economic forecasting. The artificial intelligence model is widely used in forecasting and data pro...

In this paper, we presented the performance of forecasting model and error correction will affect the accuracy of short-term load forecasting. Least squares support vector machines (LS-SVM) based on improved particle swarm optimization is selected as load forecasting model. Forecasting accuracy and generalization performance of LS-SVM depend on selection of its parameters greatly. Adaptive part...

Zara introduces 10,000 new designs every year and distributes 5.2 million clothing articles per week to a network of over 1925 stores in more than 86 countries. Their high product mix and vast global network makes demand forecasting for Zara a challenging endeavor. This thesis sets out to incorporate the effects from seasonality, product lifecycle, and cannibalization into a long term aggregate...

Load forecasting has become one of the major areas of research in electrical engineering and is an important problem in operation and planning of electric power generation. Load forecasting is the technique for prediction of electrical load. STLF (Short term load forecast) is essential for Power system planning. In a deregulated market it is much need for a generating company to know about the ...

Short term load forecasting can be made effective and closer to actual demand by applying the suggested multi pronged approach of genetic, fuzzy and statistical method as discussed in this paper. Taking the advantages of global search abilities of evolutionary computing as well as expert inference based on statistical aspects, load forecasting can be made nearly error free. The results were com...

In order to reduce their stock, to avoid ruptures and to direct their marketing policies, textile companies must improve their supply chain management. This organization requires forecasting systems adapted to the uncertain environment of the textile field. Taking into account also delivery constraints, textile distribution need mean-term forecasting (one season) in order to launch new producti...

Short-term load forecasting (STLF) plays an important role in the operational planning security functions of an energy management system. The short term load forecasting is aimed at predicting electric loads for a period of minutes, hours, days or week for the purpose of providing fundamental load profiles to the system. The work presented in this paper makes use of PSO based local linear wavel...

In highly dynamic and adversarial domains such as sports, short-term predictions are made by incorporating both local immediate as well global situational information. For forecasting complex events, higher-order models such as Hidden Conditional Random Field (HCRF) have been used to good effect as capture the long-term, high-level semantics of the signal. However, as the prediction is based so...

This paper presents an optimization algorithm to solve the short-term load forecasting problem more quickly and accurately in progress of smart grid development. The new approach employs generalized regression neural network (GRNN) to select influence factors of short-term load, and then a least squares-support vector machine (LS-SVM) based on harmony search algorithm (HS) optimization algorith...

As renewable energy increasingly integrates into the electric power system, electric load forecasting and renewable energy power generation forecasting become more important. In this project, ARIMA and NARX are applied to build load forecasting model focusing on improving statistical and computational efficiency without losing accuracy. ARIMA turns out to be better for short term forecasting wh...