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Forecasting, Volume 5, Issue 4

2023 December - 5 articles

Cover Story: Long-term time series forecasting has gained increased attention, addressing challenges like non-stationarity. However, recent research tends to prioritize intricate forecasting models, neglecting the crucial role of decomposition. Additionally, the significance of multiseasonal components in time series datasets is often overlooked. This study introduces Decompose&Conquer, a novel forecasting model that focuses on multiseasonal trend decomposition combined with a simple yet effective forecasting approach. Emphasizing the paramount importance of proper decomposition, our experimental results, encompassing both real-world and synthetic data, highlight the remarkable efficacy of this new model. It outperforms benchmarks by 30–50%, showcasing substantial gain in performance and great promise for further improvements. View this paper
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Articles (5)

  • Article
  • Open Access
22 Citations
13,890 Views
13 Pages

12 December 2023

Over the past few years, there has been growing attention to the Long-Term Time Series Forecasting task and solving its inherent challenges like the non-stationarity of the underlying distribution. Notably, most successful models in this area use dec...

(This article belongs to the Special Issue Feature Papers of Forecasting 2023)
  • Article
  • Open Access
16 Citations
11,273 Views
32 Pages

27 November 2023

This paper assesses the usefulness of comprehensive payments data for macroeconomic predictions in Canada. Specifically, we evaluate which type of payments data are useful, when they are useful, why they are useful, and whether machine learning (ML)...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
6 Citations
3,300 Views
23 Pages

Exploring the Role of Online Courses in COVID-19 Crisis Management in the Supply Chain Sector—Forecasting Using Fuzzy Cognitive Map (FCM) Models

  • Dimitrios K. Nasiopoulos,
  • Dimitrios A. Arvanitidis,
  • Dimitrios M. Mastrakoulis,
  • Nikos Kanellos and ,
  • Thomas Fotiadis and
  • Dimitrios E. Koulouriotis
  • + 1 author+ 0 author

20 November 2023

Globalization has gotten increasingly intense in recent years, necessitating accurate forecasting. Traditional supply chains have evolved into transnational networks that grow with time, becoming more vulnerable. These dangers have the potential to d...

  • Article
  • Open Access
50 Citations
11,735 Views
13 Pages

Forecasting the Traffic Flow by Using ARIMA and LSTM Models: Case of Muhima Junction

  • Vienna N. Katambire,
  • Richard Musabe,
  • Alfred Uwitonze and
  • Didacienne Mukanyiligira

14 November 2023

Traffic operation efficiency is greatly impacted by the increase in travel demand and the increase in vehicle ownership. The continued increase in traffic demand has rendered the importance of controlling traffic, especially at intersections. In gene...

  • Article
  • Open Access
2 Citations
4,164 Views
16 Pages

13 October 2023

Earth system predictions, from sub-seasonal to seasonal timescales, remain a challenging task, and the representation of predictability sources on seasonal timescales is a complex work. Nonetheless, advances in technology and science have been making...

(This article belongs to the Section Weather and Forecasting)
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Forecasting - ISSN 2571-9394