Group method of data handling with artificial bee colony in combining forecasts

Yahya, Nurhaziyatul Adawiyah and Samsudin, Ruhaidah and Darmawan, Irfan and Kasim, Shahreen (2018) Group method of data handling with artificial bee colony in combining forecasts. International Journal of Integrated Engineering, 10 (6). pp. 31-36. ISSN 2229-838X

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Abstract

In this study, the use of Artificial Bee Colony (ABC) algorithm to combine several time series forecasts is presented. This study is done by combining individual forecasts of Group Method of Data Handling models using the weighted-based combine approach. The weights for each individual model are calculated using ABC algorithm. In order to evaluate the proposed model, this study tested the proposed model on the International Airline Passengers data, and the performances are calculated using mean square error (MSE), mean average error (MAE) and mean average percentage error (MAPE). The accuracy of the proposed model is compared to the individual models and the models implemented in previous literatures. The results revealed that the proposed model produced significantly accurate forecasts.

Item Type: Article
Uncontrolled Keywords: Airline passengers; artificial bee colony; combined approach; Group Method of Data Handling
Subjects: Q Science > QA Mathematics > QA76 Computer software
Divisions: Faculty of Computer Science and Information Technology > Department of Web Technology
Depositing User: UiTM Student Praktikal
Date Deposited: 21 Nov 2021 04:28
Last Modified: 21 Nov 2021 04:28
URI: http://eprints.uthm.edu.my/id/eprint/3640

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