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Computational Intelligence in Time Series Forecasting

Theory and Engineering Applications

  • Ajoy K. Palit
  • Dobrivoje Popovic

Part of the Advances in Industrial Control book series (AIC)

Table of contents

  1. Front Matter
    Pages i-xxi
  2. Introduction

  3. Basic Intelligent Computational Technologies

  4. Hybrid Computational Technologies

  5. Recent Developments

  6. Back Matter
    Pages 363-372

About this book

Introduction

Foresight in an engineering enterprise can make the difference between success and failure and can be vital to the effective control of industrial systems. Forecasting the future from accumulated historical data is a tried and tested method in areas such as engineering finance. Applying time series analysis in the on-line milieu of most industrial plants has been more problematic because of the time and computational effort required. The advent of soft computing tools such as the neural network and the genetic algorithm offers a solution.

Chapter by chapter, Computational Intelligence in Time Series Forecasting harnesses the power of intelligent technologies individually and in combination. Examples of the particular systems and processes susceptible to each technique are investigated, cultivating a comprehensive exposition of the improvements on offer in quality, model building and predictive control, and the selection of appropriate tools from the plethora available; these include:

• forecasting electrical load, chemical reactor behaviour and high-speed-network congestion using fuzzy logic;

• prediction of airline passenger patterns and of output data for nonlinear plant with combination neuro-fuzzy networks;

• evolutionary modelling and anticipation of stock performance by the use of genetic algorithms.

Application-oriented engineers in process control, manufacturing, the production industries and research centres will find much to interest them in Computational Intelligence in Time Series Forecasting and the book is suitable for industrial training purposes. It will also serve as valuable reference material for experimental researchers.

 

Advances in Industrial Control aims to report and encourage the transfer of technology in control engineering. The rapid development of control technology has an impact on all areas of the control discipline. The series offers an opportunity for researchers to present an extended exposition of new work in all aspects of industrial control.

Keywords

Automation Computational Intelligence Control Control Engineering Evolution Fuzzy Logic Genetic Algorithms Monitoring Neural Networks Pyrometer Soft Computing Time Series Forecasting Trend fuzzy system modeling

Authors and affiliations

  • Ajoy K. Palit
    • 1
  • Dobrivoje Popovic
    • 2
  1. 1.Institut für Theoretische Elektrotechnik und Microelektronik (ITEM)Universität BremenBremenGermany
  2. 2.Institut für Automatisierungstechnik (IAT)Universität BremenBremenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/1-84628-184-9
  • Copyright Information Springer-Verlag London Limited 2005
  • Publisher Name Springer, London
  • eBook Packages Engineering
  • Print ISBN 978-1-85233-948-7
  • Online ISBN 978-1-84628-184-6
  • Series Print ISSN 1430-9491
  • Series Online ISSN 2193-1577
  • Buy this book on publisher's site
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