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

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...

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Main Authors: M. Razali, S. N. A., Rusiman, M. S., Zawawi, N. I., Arbin, N.
Format: Conference or Workshop Item
Language:English
Published: 2018
Subjects:
Online Access:http://eprints.uthm.edu.my/7022/1/P9953_709ceb38543b93e2f8efd970eb40276c.pdf
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author M. Razali, S. N. A.
Rusiman, M. S.
Zawawi, N. I.
Arbin, N.
author_facet M. Razali, S. N. A.
Rusiman, M. S.
Zawawi, N. I.
Arbin, N.
author_sort M. Razali, S. N. A.
collection UTHM
description 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.
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spelling uthm.eprints-70222022-05-24T01:30:43Z http://eprints.uthm.edu.my/7022/ Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA M. Razali, S. N. A. Rusiman, M. S. Zawawi, N. I. Arbin, N. T Technology (General) 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. 2018 Conference or Workshop Item PeerReviewed text en http://eprints.uthm.edu.my/7022/1/P9953_709ceb38543b93e2f8efd970eb40276c.pdf 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. https://doi.org/10.1088/1742-6596/995/1/012041
spellingShingle T Technology (General)
M. Razali, S. N. A.
Rusiman, M. S.
Zawawi, N. I.
Arbin, N.
Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA
title Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA
title_full Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA
title_fullStr Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA
title_full_unstemmed Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA
title_short Forecasting of water consumptions expenditure using Holt Winter’s and ARIMA
title_sort forecasting of water consumptions expenditure using holt winter s and arima
topic T Technology (General)
url http://eprints.uthm.edu.my/7022/1/P9953_709ceb38543b93e2f8efd970eb40276c.pdf
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