Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA

M. Razali, S. N. A. and Rusiman, M. S. and Zawawi, N. I. and Arbin, N. (2018) Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA. In: ISMAP 2017, October 28, 2017, Batu Pahat, Johor.

Text P9953_709ceb38543b93e2f8efd970eb40276c.pdf Restricted to Registered users only Download (362kB) | Request a copy

Abstract

This study is carried out to forecast water consumption expenditure of Malaysian university specifically at University Tun Hussein Onn Malaysia (UTHM). The proposed Holt�Winter’s and Auto-Regressive Integrated Moving Average (ARIMA) models were applied to forecast the water consumption expenditure in Ringgit Malaysia from year 2006 until year 2014. The two models were compared and performance measurement of the Mean Absolute Percentage Error (MAPE) and Mean Absolute Deviation (MAD) were used. It is found that ARIMA model showed better results regarding the accuracy of forecast with lower values of MAPE and MAD. Analysis showed that ARIMA (2,1,4) model provided a reasonable forecasting tool for university campus water usage.

Item Type:	Conference or Workshop Item (Paper)
Subjects:	T Technology > T Technology (General)
Divisions:	Faculty of Applied Science and Technology > Department of Mathematics and Statistics
Depositing User:	Mr. Abdul Rahim Mat Radzuan
Date Deposited:	24 May 2022 01:30
Last Modified:	24 May 2022 01:30
URI:	http://eprints.uthm.edu.my/id/eprint/7022

Actions (login required)

View Item