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2017 | OriginalPaper | Buchkapitel

A Fuzzy-LP Approach in Time Series Forecasting

verfasst von : Pritpal Singh, Gaurav Dhiman

Erschienen in: Pattern Recognition and Machine Intelligence

Verlag: Springer International Publishing

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Abstract

In this study, a novel model is presented to forecast the time series data set based on the fuzzy time series (FTS) concept. To remove various drawbacks associated with the FTS modeling approach, this study incorporates significant changes in the existing FTS models. These changes are: (a) to apply the linear programming (LP) model in the FTS modeling approach for the selection of appropriate length of intervals, (b) to fuzzify the historical time series value (TSV) based on its involvement in the universe of discourse, (c) to use the high-order fuzzy logical relations (FLRs) in the decision making, and (d) to use the degree of membership (DM) along with the corresponding mid-value of the interval in the defuzzification operation. All these implications signify the effective results in time series forecasting, which are verified and validated with real-world time series data set.

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Metadaten
Titel
A Fuzzy-LP Approach in Time Series Forecasting
verfasst von
Pritpal Singh
Gaurav Dhiman
Copyright-Jahr
2017
DOI
https://doi.org/10.1007/978-3-319-69900-4_31