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Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations

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Resumo:Accurate time series forecasting is a key issue to support individual and or- ganizational decision making. In this paper, we introduce novel methods for multi-step seasonal time series forecasting. All the presented methods stem from computational intelligence techniques: evolutionary artificial neu- ral networks, support vector machines and genuine linguistic fuzzy rules. Performance of the suggested methods is experimentally justified on sea- sonal time series from distinct domains on three forecasting horizons. The most important contribution is the introduction of a new hybrid combination using linguistic fuzzy rules and the other computational intelligence methods. This hybrid combination presents competitive forecasts, when compared with the popular ARIMA method. Moreover, such hybrid model is more easy to interpret by decision-makers when modeling trended series.
Autores principais:Stepnicka, M.
Outros Autores:Cortez, Paulo; Peralta Donate, Juan; Stepnickova, Lenka
Assunto:Time series Computational intelligence Neural networks Support vector machine Fuzzy rules Genetic algorithm
Ano:2013
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso aberto
Instituição associada:Universidade do Minho
Idioma:inglês
Origem:RepositóriUM - Universidade do Minho
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author Stepnicka, M.
author2 Cortez, Paulo
Peralta Donate, Juan
Stepnickova, Lenka
author2_role author
author
author
author_facet Stepnicka, M.
Cortez, Paulo
Peralta Donate, Juan
Stepnickova, Lenka
author_role author
contributor_name_str_mv RepositóriUM - Universidade do Minho
country_str PT
creators_json_txt [{\"Person.name\":\"Stepnicka, M.\"},{\"Person.name\":\"Cortez, Paulo\"},{\"Person.name\":\"Peralta Donate, Juan\"},{\"Person.name\":\"Stepnickova, Lenka\"}]
datacite.contributors.contributor.contributorName.fl_str_mv RepositóriUM - Universidade do Minho
datacite.creators.creator.creatorName.fl_str_mv Stepnicka, M.
Cortez, Paulo
Peralta Donate, Juan
Stepnickova, Lenka
datacite.date.Accepted.fl_str_mv 2013-05-01T00:00:00Z
datacite.date.available.fl_str_mv 2013-03-26T14:23:05Z
datacite.date.embargoed.fl_str_mv 2013-03-26T14:23:05Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Time series
Computational intelligence
Neural networks
Support vector machine
Fuzzy rules
Genetic algorithm
datacite.titles.title.fl_str_mv Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
dc.contributor.none.fl_str_mv RepositóriUM - Universidade do Minho
dc.creator.none.fl_str_mv Stepnicka, M.
Cortez, Paulo
Peralta Donate, Juan
Stepnickova, Lenka
dc.date.Accepted.fl_str_mv 2013-05-01T00:00:00Z
dc.date.available.fl_str_mv 2013-03-26T14:23:05Z
dc.date.embargoed.fl_str_mv 2013-03-26T14:23:05Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv https://hdl.handle.net/1822/23527
dc.language.none.fl_str_mv eng
dc.publisher.none.fl_str_mv Elsevier
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Time series
Computational intelligence
Neural networks
Support vector machine
Fuzzy rules
Genetic algorithm
dc.title.fl_str_mv Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_6501
description Accurate time series forecasting is a key issue to support individual and or- ganizational decision making. In this paper, we introduce novel methods for multi-step seasonal time series forecasting. All the presented methods stem from computational intelligence techniques: evolutionary artificial neu- ral networks, support vector machines and genuine linguistic fuzzy rules. Performance of the suggested methods is experimentally justified on sea- sonal time series from distinct domains on three forecasting horizons. The most important contribution is the introduction of a new hybrid combination using linguistic fuzzy rules and the other computational intelligence methods. This hybrid combination presents competitive forecasts, when compared with the popular ARIMA method. Moreover, such hybrid model is more easy to interpret by decision-makers when modeling trended series.
dirty 0
eu_rights_str_mv openAccess
format article
fulltext.url.fl_str_mv https://repositorium.uminho.pt/bitstreams/b9ed0236-5290-437a-88e9-f70af2ed8164/download
id rum_d0d7db3898bfb42ef2ebefbba061cda9
identifier.url.fl_str_mv https://hdl.handle.net/1822/23527
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institution Universidade do Minho
instname_str Universidade do Minho
language eng
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network_name_str RepositóriUM - Universidade do Minho
oai_identifier_str oai:repositorium.uminho.pt:1822/23527
organization_str_mv urn:organizationAcronym:repositorium
person_str_mv Stepnicka, M.
Cortez, Paulo
Peralta Donate, Juan
Stepnickova, Lenka
publishDate 2013
publisher.none.fl_str_mv Elsevier
reponame_str RepositóriUM - Universidade do Minho
repository_id_str urn:repositoryAcronym:rum
service_str_mv urn:repositoryAcronym:rum
spelling engElsevierporAccurate time series forecasting is a key issue to support individual and or- ganizational decision making. In this paper, we introduce novel methods for multi-step seasonal time series forecasting. All the presented methods stem from computational intelligence techniques: evolutionary artificial neu- ral networks, support vector machines and genuine linguistic fuzzy rules. Performance of the suggested methods is experimentally justified on sea- sonal time series from distinct domains on three forecasting horizons. The most important contribution is the introduction of a new hybrid combination using linguistic fuzzy rules and the other computational intelligence methods. This hybrid combination presents competitive forecasts, when compared with the popular ARIMA method. Moreover, such hybrid model is more easy to interpret by decision-makers when modeling trended series.application/pdfporForecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinationsStepnicka, M.Cortez, PauloPeralta Donate, JuanStepnickova, LenkaHostingInstitutionOrganizationalRepositóriUM - Universidade do Minhoe-mailmailto:repositorium@usdb.uminho.ptrepositorium@usdb.uminho.ptISSNIsPartOf0957-4174DOIIsPartOf10.1016/j.eswa.2012.10.0012013-03-26T14:23:05Z2013-052013-05-01T00:00:00ZHandlehttps://hdl.handle.net/1822/23527http://purl.org/coar/access_right/c_abf2open accessTime seriesComputational intelligenceNeural networksSupport vector machineFuzzy rulesGenetic algorithm454493 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorium.uminho.pt/bitstreams/b9ed0236-5290-437a-88e9-f70af2ed8164/download
spellingShingle Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
Stepnicka, M.
Time series
Computational intelligence
Neural networks
Support vector machine
Fuzzy rules
Genetic algorithm
status SINGLETON
subject.fl_str_mv Time series
Computational intelligence
Neural networks
Support vector machine
Fuzzy rules
Genetic algorithm
title Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
title_full Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
title_fullStr Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
title_full_unstemmed Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
title_short Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
title_sort Forecasting seasonal time series with computational intelligence: on recent methods and the potential of their combinations
topic Time series
Computational intelligence
Neural networks
Support vector machine
Fuzzy rules
Genetic algorithm
topic_facet Time series
Computational intelligence
Neural networks
Support vector machine
Fuzzy rules
Genetic algorithm
url https://hdl.handle.net/1822/23527
visible 1