Title :
Comparison of Forecasting Methods for Freight Volume of Inland Navigation and Hydropower Project Post-Evaluation
Author :
Song-tao, Sheng ; Fei-lian, Zhang
Author_Institution :
Sch. of Civil Eng. & Archit., Central South Univ., Changsha, China
Abstract :
In this paper, for the requirements of freight volume forecast on the Post-evaluation work of Inland Navigation and Hydropower Project, the two prediction methods-exponential smoothing method and the gray method were compared in this article, and established prediction model of each method. By freight volume forecast of DaYuanDu Navigation and Hydropower Project hinterland, the results shows that the gray prediction method forecasting accuracy is higher than that of exponential smoothing method. The gray prediction method is recommended in Post-evaluation work to predict similar data.
Keywords :
forecasting theory; freight handling; grey systems; hydroelectric power; navigation; project management; transportation; DaYuanDu navigation; exponential smoothing method; forecasting method; freight volume; gray method; hydropower project hinterland; hydropower project post evaluation; inland navigation; Biological system modeling; Data models; Forecasting; Hydroelectric power generation; Navigation; Predictive models; Smoothing methods; Exponential smoothing method; Freight volume; Grey prediction method;
Conference_Titel :
Intelligent System Design and Engineering Application (ISDEA), 2010 International Conference on
Conference_Location :
Changsha
Print_ISBN :
978-1-4244-8333-4
DOI :
10.1109/ISDEA.2010.9