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Wyniki wyszukiwania dla: forecast
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Inflation Forecast or Forecast(s) Targeting?
PublikacjaThe paper refers to L.E.O. Svensson’s concept of inflation forecast targeting (IFT) and its implementation by central banks of Sweden, Norway and the Czech Republic. The study focuses on (1) inflation forecasts published by selected central banks, i.e.headline inflation and core or monetary policy-relevant (MPR) inflation, which are made on the assumption of endogenous instrument rate, (2) one-year consumer...
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Equilibrium price - modelling, forecast and application
PublikacjaNowoczesną gospodarkę charakteryzuje wzrastające znaczenie cen. Znajomość ogólnych zasad mechanizmu kształtującego ceny oraz analizy cen umożliwiają przedsiębiorstwom przewidzenie ceny równowagi i podjęcie przynoszącej zyski decyzji, zwłaszcza na rynku oligopolu homogenicznego, gdzie przedsiębiorcy muszą brać pod uwagę reakcję konkurencji. Przedstawiony w artykule, dynamiczny model ekonometryczny cen benzyny, na rynku paliw płynnych...
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GIS Solution for Weather Forecast Data Analysis
PublikacjaIn this paper authors present the GIS system for the analysis of the numerical weather prediction data. This kind of data has multidimensional character (three dimensions and time) and its analysis should consider all the available factors. Proposed GIS system consists of RASDAMAN application with implemented OLAP cube mechanism, which enables the user to process data in the spatial-time domain. It also simplifies the meteorological...
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The point forecast of the situation of the examined company on the market
PublikacjaOkreślono sytuację badanego przedsiębiorstwa na rynku za pomocą analizy portfolio, w aspektach wzrostu rynku oraz względnego udziału badanego przedsiębiorstwa w rynku. Analiza objęła zarówno okres retrospektywny jak i prognozowany.
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High-resolution fire danger forecast for Poland based on the Weather Research and Forecasting Model
PublikacjaDue to climate change and associated longer and more frequent droughts, the risk of forest fires increases. To address this, the Institute of Meteorology and Water Management implemented a system for forecasting fire weather in Poland. The Fire Weather Index (FWI) system, developed in Canada, has been adapted to work with meteorological fields derived from the high-resolution (2.5 km) Weather Research and Forecasting (WRF) model....
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REVIEW OF WEATHER FORECAST SERVICES FOR SHIP ROUTING PURPOSES
PublikacjaWeather data is nowadays used in a variety of navigational and ocean engineering research problems: from the obvious ones like voyage planning and routing of sea-going vessels, through the analysis of stability-related phenomena, to detailed modelling of ships’ manoeuvrability for collision avoidance purposes. Apart from that, weather forecasts are essential for passenger cruises and fishing vessels that want to avoid the risk...
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Reliability of quality forecast for hybrid metal-working machinery
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Can Inflation Forecast and Monetary Policy Path be Really Useful? The Case of the Czech Republic
PublikacjaProducing and revealing inflation forecast is belie ved to be the best way of implementing a forward-looking monetary policy. The article focuses on inflation forecast targeting (IFT) at the Czech National Bank (CNB) in terms of its efficiency in shaping consumers’ inflation expectations. The goal of the study is to verify the accuracy of the inflation forecasts, and their influence on inflation...
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Accurate modeling of layout parasitic to forecast EMI emitted from a DC-DC converter.
PublikacjaThis paper illustrates how to account for all parasitic due to the layout of a power converter (inductive and capacitive), in order to forecast electromagnetic interferences (EMI). The method is generic, and is validated here in the simple example of a DC-DC converter, realized on different technologies: insulated metal substrate (IMS), printed circuit board (PCB). In addition, several layouts aspects will be investigated. Conclusions...
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COVID-19 severity forecast based on machine learning and complete blood count data
PublikacjaProper triage of COVID-19 patients is a key factor in eective case management, especially with limited and insucient resources. In this paper, we propose a machine-aided diagnostic system to predict how badly a patient with COVID-19 will develop disease. The prognosis of this type is based on the parameters of commonly used complete blood count tests, which makes it possible to obtain data from a wide range of patients.We chose...
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COVID-19 severity forecast based on machine learning and complete blood count data
PublikacjaProper triage of COVID-19 patients is a key factor in eective case management, especially with limited and insucient resources. In this paper, we propose a machine-aided diagnostic system to predict how badly a patient with COVID-19 will develop disease. The prognosis of this type is based on the parameters of commonly used complete blood count tests, which makes it possible to obtain data from a wide range of patients.We chose...
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Effect of Active Mining Impact On Properties with Engineering Structures – Forecast and Final Result Discrepancies
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Effect of Forecast Climate Changes on Water Needs of Giant Miscanthus Cultivated in the Kuyavia Region in Poland
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Short clinically-based prediction model to forecast transition to psychosis in individuals at clinical high risk state
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Impact of Investments and R&D Costs in Renewable Energy Technologies on Companies’ Profitability Indicators: Assessment and Forecast
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ADAPTIVE PREDICTIONS OF THE EURO/ZŁOTY CURRENCY EXCHANGE RATE USING STATE SPACE WAVELET NETWORKS AND FORECAST COMBINATIONS
PublikacjaThe paper considers the forecasting of the euro/Polish złoty (EUR/PLN) spot exchange rate by applying state space wavelet network and econometric forecast combination models. Both prediction methods are applied to produce one-trading-day- ahead forecasts of the EUR/PLN exchange rate. The paper presents the general state space wavelet network and forecast combination models as well as their underlying principles. The state space...
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A Dynamic Forecast Demand Scenario Analysis to Design an Automated Parcel Lockers Network in Pamplona (Spain) Using a Simulation-Optimization Model
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Forecasts of the managed futures market – an empirical analysis
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Prediction of consumer electricity needs based on Internet weather forecasts
PublikacjaElectrical energy is considered both as an important driver for producing and transporting goods in companies, as well as a good in itself which requires planning and management for generating and delivering it to consumers in proper time and amounts. Weather information can be considered to convey part of the data on energy delivery needs of consumers. Free meteorological data sources on the Web do not offer consistent data to...
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CONSUMERS’ APPROACH TO THE CREDIBILITY OF THE INFLATION FORECASTS PUBLISHED BY CENTRAL BANKS: A NEW METHODOLOGICAL SOLUTION
PublikacjaModern monetary policy focuses on credibility and shaping inflation expectations. In keeping with the concept of inflation forecast targeting, the inflation forecasts published by central banks play a crucial role in the instrument rate decision-making process and may be treated as a specific intermediate target. This study proposes an inflation forecast credibility index, the scope of which is narrowed to non-specialists’ approach...
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The forecasts-based instrument rule and decision making. How closely interlinked? The case of Sweden
PublikacjaResearch background: The Central Bank of Sweden declared in years 1999–2006 the implementation of the Svensson’s concept of inflation forecast targeting (IFT). It means that the repo rate decision-making process depends on the inflation forecasts. The concept evolved from the strict IFT with the decision-making algorithm called ‘the rule of thumb’ to the flexible IFT. Purpose of the article: The aim of...
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FORECASTING ELECTRICITY PRICES IN POLAND
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FORECASTING BIOGAS FORMATION IN LANDFILLS
Publikacja: The aim of the present research was to develop a mathematical model for estimating the amount of viscous gas generated as a function of weather conditions. Due to the lack of models for predicting gas formation caused by sudden changes in weather conditions in the literature, such a model was developed in this study using the parameters of landfills recorded for over a year. The effect of temperature on landfill gas production...
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Forecasted climate changes and their influence on cities and regions in 2050 in terms of extreme hydrological events
PublikacjaGlobal climate change is a problem which arises numerous theories and uncertainties, especially in terms of speculated human impact. Independent from the fact, what is the main driver for the changes, some of the climate shifts are visible already nowadays. Both contemporary and future cities will have to face such problems. Although climate change may cause numerous effects on different fields, a special stress in this article...
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Impact of forecasted changes in Polish economy (2015 and 2020) on nutrient emission into the river basins
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THE EFFECT OF LOG SORTING STRATEGY ON THE FORECASTED LUMBER VALUE AFTER SAWING PINE WOOD
PublikacjaThe optimal transformation path for the resource is determined by the quality of a log combined with its dimension. The commercial value of derived products is also closely connected with the size and extent of containing wood deficiencies. The results of studies with three diverse strategies for log sorting are presented in the paper. Resource assessment by a worker without extensive experience in sorting logs, the certified grading...
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Forecasting of retail prices of liquid fuels in Poland
PublikacjaMotivation: In recent years, the prices of liquid fuels in Poland have been rising , negatively affecting the country’s economy and the daily life of its inhabitants. Consequently, there is a need for effective forecasting of prices in fuel markets, as this could enable entrepreneurs and consumers to make more informed decisions. Aim: The objective of the article was to forecast the retail prices of EU95 petrol and diesel fuel...
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Forecasting risks and challenges of digital innovations
PublikacjaForecasting and assessment of societal risks related to digital innovation systems and services is an urgent problem, because these solutions usually contain artificial intelligence algorithms which learn using data from the environment and modify their behaviour much beyond human control. Digital innovation solutions are increasingly deployed in transport, business and administrative domains, and therefore, if abused by a malicious...
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Effective Short -term Forecasting of Wind Farms Power
PublikacjaForecasting a specific wind farm's generation capacity within a 24 hour perpective requires both a reliable forecast of wind, as well as supporting tools. This tool is a dedicated model of wind farm power. This model should include not only general rules of wind to mechanical energy conversion, but also the farm's specific features. This paper present analytical, statistical, and neuron models of wind farm power. The study is based...
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The Implementation of Fuzzy Logic in Forecasting Financial Ratios
PublikacjaThis paper is devoted to the issue of forecasting financial ratios. The objective of the conducted research is to develop a predictive model with the use of an innovative methodology, i.e., fuzzy logic theory, and to evaluate its effectiveness. Fuzzy logic has been widely used in machinery, robotics and industrial engineering. This paper introduces the use of fuzzy logic for the financial analysis of enterprises. While many current...
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Increasing rail life by forecasting fatigue failure.
PublikacjaReferat poświęcony jest przedłużaniu żywotności szyn i obejmuje zagadnienia prognozowania liczby pęknięć a także planowania szlifowań szyn. Dane pomiarowe pochodzą z wieloletnich badań przeprowadzonych w Katedrze Inżynierii Kolejowej Politechniki Gdańskiej na liniach magistralnych PKP.
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The investment risk forecasting in a local energy market
PublikacjaThe paper considers the general problems faced when evaluating the risk of investing in a local energy market by computer tools. The proposal formulated for the emerging local energy markets suggests broadening the method of evaluating investment risk so as to include elements of cluster analysis. The paper also discusses the significance of estimating investment risk in market terms and the importance and range of the local energy...
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A fuzzy logic model for forecasting exchange rates
PublikacjaThis article is devoted to the issue of forecasting exchange rates. The objective of the conducted research is to develop a predictive model with the use of an innovative methodology - fuzzy logic theory - and to evaluate its effectiveness in times of prosperity and during the financial crisis. The model is based on sets of rules written by the author in the form of IF-THEN, where expert knowledge is stored. This model is the result...
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Forecasting of fatigue life of laser welded joints
PublikacjaW pracy przedstawiono podstawowe dane na temat stalowych paneli typu sandwich. Zaprezentowano wyniki testów zmęczeniowych elementarnych połączeń teowych spawanych laserowo. Omówiono szczegółowo te cechy, które mają istotny wpływ na statyczne i zmęczeniowe własności złącza. Na podstawie przedstawionych wyników badań zmęczeniowych elementarnych połączeń spawanych laserowo uzyskano krzywą projektową S-N dla jednego z pokazanych modeli...
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Forecasting of the Employment Rate in the EU ICT Field
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A MODEL FOR FORECASTING PM10 LEVELS WITH THE USE OF ARTIFICIAL NEURAL NETWORKS
PublikacjaThis work presents a method of forecasting the level of PM10 with the use of artificial neural networks. Current level of particulate matter and meteorological data was taken into account in the construction of the model (checked the correlation of each variable and the future level of PM10), and unidirectional networks were used to implement it due to their ease of learning. Then, the configuration of the network (built on the...
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Application of Bayesian Networks for Forecasting Future Model of Farm
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Application of dynamic factor models for inflation forecasting in Poland
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Estimating and Forecasting GDP in Poland with Dynamic Factor Model
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High-Resolution Discharge Forecasting for Snowmelt and Rainfall Mixed Events
PublikacjaDischarge events induced by mixture of snowmelt and rainfall are strongly nonlinear due to consequences of rain-on-snow phenomena and snowmelt dependence on energy balance. However, they received relatively little attention, especially in high-resolution discharge forecasting. In this study, we use Random Forests models for 24 h discharge forecasting in 1 h resolution in a 105.9 km 2 urbanized catchment in NE Poland: Biala River....
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The Dynamics of Trade Relations between Ukraine and Romania: Modelling and Forecasting
PublikacjaThe article examines the monthly dynamics of exports, imports and balance of trade between Ukraine and Romania in the period from 2005 to 2021. Time series from 2015 to 2021 were used for modelling and forecasting (since the date the European Union–Ukraine Association Agreement took effect). Adequate models of the dynamics series of the Box-Jenkins methodology were built: additive models with seasonal component ARIMA (Autoregressive...
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Application of MARKAL model to optimisation of electricity generation structure in Poland in the long-term time horizon. Part II. Model and forecasts assumptions
PublikacjaIn this paper, the next in a series of publications on the subject, assumptions are presented of a power system development model in terms of electricity generation technology infrastructure in Poland, in the long term perspective until 2060. The model is based on the mathematical structure of the MARKAL optimization package. Among other things developed are a forecast of the final demand for electricity and heat, the current...
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An Innovative Approach to the Forecasting of Energetic Effects While Wood Sawing
PublikacjaIn the classical approach, energetic effects (cutting forces and cutting power) of wood sawing process are generally calculated on the basis of the specifi c cutting resistance, which is in the case of wood cutting the function of more or less important factors. On the other hand, the cutting forces (power) problem may be tackled with an innovative, up-to-date fundamental analysis of the mechanics of sawing based on modern fracture mechanics....
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An innovative approach to the forecasting of energetic effects while wood sawing
PublikacjaIn the classical approach, energetic effects (cutting forces and cutting power) of wood sawing process are generally calculated on the basis of the specific cutting resistance, which is in the case of wood cutting the function of more or less important factors. On the other hand, the cutting forces (power) problem may be tackled with an innovative, up-to-date fundamental analysis of the mechanics of sawing based on modern fracture...
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The original method of cutting power forecasting while wood sawing
PublikacjaEfekty energetyczne procesu przecinania drewna piłami (siły skrawania i moc skrawania) przy klasycznym podejściu do zagadnienia są określane na podstawie wartości właściwego powierzchniowego oporu skrawania. Z drugiej strony siły skrawania można rozważać z punktu widzenia współczesnej mechaniki pękania. Prognozowanie wartości kąta ścinania z zastosowaniem modeli uwzględniających wiązkość materiału obrabianego, ścinanie w płaszczyźnie...
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Upper Limb Bionic Orthoses: General Overview and Forecasting Changes
PublikacjaUsing robotics in modern medicine is slowly becoming a common practice. However, there are still important life science fields which are currently devoid of such advanced technology. A noteworthy example of a life sciences field which would benefit from process automation and advanced robotic technology is rehabilitation of the upper limb with the use of an orthosis. Here, we present the state-of-the-art and prospects for development...
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Forecasting demand for products in distribution networks using R software
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Forecasting of currency exchange rates using artificial neural networks
PublikacjaW rozdziale tym autor przedstawił wyniki swoich badań nad wykorzystaniem sztucznych sieci neuronowych do prognozowania kursu walut (na przykładzie pary walutowej PLN-USD).Głównym celem badań było porównanie skuteczności przewidywania kursu złotówki w latach 1997 - 2005 przy pomocy różnych rodzajów sieci neuronowych.
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Implementing artificial intelligence in forecasting the risk of personal bankruptcies in Poland and Taiwan
PublikacjaResearch background: The global financial crisis from 2007 to 2012, the COVID-19 pandemic, and the current war in Ukraine have dramatically increased the risk of consumer bankruptcies worldwide. All three crises negatively impact the financial situation of households due to increased interest rates, inflation rates, volatile exchange rates, and other significant macroeconomic factors. Financial difficulties may arise when the...
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The influence of electromagnetic pollution on living organisms – historical trends and forecasting changes
PublikacjaCurrent technologies have become a source of omnipresent electromagnetic pollution from generated electromagnetic fields and resulting electromagnetic radiation. In many cases this pollution is much stronger than any natural sources of electromagnetic fields or radiation. Wireless and radio communication, electric power transmission or devices in daily use such as smartphones, tablets and portable computers every day expose people...