Genetic algorithm based fuzzy time series tourism demand forecast model

Purpose – Many studies have proposed variant fuzzy time series models for uncertain and vague data. The purpose of this paper is to adapt a fuzzy time series combined with genetic algorithm (GA) to forecast tourist arrivals in Taiwan. Design/methodology/approach – Different cases are studied to understand the effect of variation of fuzzy time series order, number of intervals and population size on the fitness function which decreases with increase in fuzzy time series order and number of fuzzy intervals, but do not have marginal effect due to change in population size. Findings – Results based on an example of forecasting Taiwan’s tourism demand was used to verify the efficacy of proposed model and confirmed its superiority to existing models providing solutions for different orders of fuzzy time series, number of intervals and population size with a smaller forecasting error as measured by root mean square error. Originality/value – This study provides a viable forecasting methodology, adapting a fuzzy ...

[1]  Fong-Lin Chu,et al.  A fractionally integrated autoregressive moving average approach to forecasting tourism demand , 2007, Tourism Management.

[2]  Y. J. Ju,et al.  Genetic-based fuzzy models: Interest rate forecasting problem , 1997 .

[3]  Kun-Huang Huarng,et al.  A Multivariate Heuristic Model for Fuzzy Time-Series Forecasting , 2007, IEEE Transactions on Systems, Man, and Cybernetics, Part B (Cybernetics).

[4]  B. Chissom,et al.  Forecasting enrollments with fuzzy time series—part II , 1993 .

[5]  Naoufel Cheikhrouhou,et al.  A collaborative demand forecasting process with event-based fuzzy judgements , 2011, Comput. Ind. Eng..

[6]  Shyi-Ming Chen,et al.  Handling forecasting problems using fuzzy time series , 1998, Fuzzy Sets Syst..

[7]  C. Lim,et al.  Time Series Forecasts of International Travel Demand for Australia , 2002 .

[8]  Shyi-Ming Chen,et al.  Temperature prediction and TAIFEX forecasting based on fuzzy logical relationships and genetic algorithms , 2007, Expert Syst. Appl..

[9]  Shyi-Ming Chen,et al.  Forecasting enrollments using high‐order fuzzy time series and genetic algorithms , 2006, Int. J. Intell. Syst..

[10]  Ruey-Chyn Tsaur,et al.  The adaptive fuzzy time series model with an application to Taiwan's tourism demand , 2011, Expert Syst. Appl..

[11]  Hwan Il Kang A Fuzzy Time Series Prediction Method Using the Evolutionary Algorithm , 2005, ICIC.

[12]  Çagdas Hakan Aladag,et al.  A new approach based on the optimization of the length of intervals in fuzzy time series , 2011, J. Intell. Fuzzy Syst..

[13]  Hui-Kuang Yu A refined fuzzy time-series model for forecasting , 2005 .

[14]  Guo Wei Inbound Tourism:an Empirical Research Based on Gravity Model of International Trade , 2007 .

[15]  Chaohui Wang,et al.  Predicting tourism demand using fuzzy time series and hybrid grey theory. , 2004 .

[16]  Shyi-Ming Chen,et al.  Forecasting enrollments based on fuzzy time series , 1996, Fuzzy Sets Syst..

[17]  James W. Mjelde,et al.  The forecasting of International Expo tourism using quantitative and qualitative techniques , 2008, Tourism Management.

[18]  Russell L. Purvis,et al.  Forecasting the NYSE composite index with technical analysis, pattern recognizer, neural network, and genetic algorithm: a case study in romantic decision support , 2002, Decis. Support Syst..

[19]  Luis A. Gil-Alana,et al.  Seasonal Fractional Integration in the Spanish Tourism Quarterly Time Series , 2004 .

[20]  Patrik Gustavsson,et al.  The Impact of Seasonal Unit Roots and Vector ARMA Modelling on Forecasting Monthly Tourism Flows , 2001 .

[21]  Kunhuang Huarng,et al.  Heuristic models of fuzzy time series for forecasting , 2001, Fuzzy Sets Syst..

[22]  Hsiao-Fan Wang,et al.  Fuzzy relation analysis in fuzzy time series model , 2005 .

[23]  Sai Ho Chung,et al.  Fuzzy time series forecasting for supply chain disruptions , 2015, Ind. Manag. Data Syst..

[24]  Erol Egrioglu,et al.  A New Time-Invariant Fuzzy Time Series Forecasting Method Based on Genetic Algorithm , 2012, Adv. Fuzzy Syst..

[25]  Shyi-Ming Chen,et al.  FORECASTING ENROLLMENTS BASED ON HIGH-ORDER FUZZY TIME SERIES , 2002, Cybern. Syst..

[26]  K. Huarng,et al.  A Type 2 fuzzy time series model for stock index forecasting , 2005 .

[27]  Kunhuang Huarng,et al.  Effective lengths of intervals to improve forecasting in fuzzy time series , 2001, Fuzzy Sets Syst..

[28]  Haiyan Song,et al.  Tourism demand modelling and forecasting—A review of recent research , 2008 .

[29]  Kevin K. F. Wong,et al.  Tourism forecasting: To combine or not to combine? , 2007 .

[30]  Shyi-Ming Chen,et al.  Temperature prediction using fuzzy time series , 2000, IEEE Trans. Syst. Man Cybern. Part B.

[31]  Haiyan Song,et al.  Forecasting international tourist flows to Macau , 2006 .

[32]  S. F. Witt,et al.  Univariate versus multivariate time series forecasting: an application to international tourism demand , 2003 .

[33]  Frederick W. Cubbage,et al.  Comparing Forecasting Models in Tourism , 2008 .

[34]  Kun-Huang Huarng,et al.  The application of neural networks to forecast fuzzy time series , 2006 .

[35]  Douglas C. Frechtling,et al.  Forecasting Tourism Demand: Methods and Strategies , 2001 .

[36]  Sanjay Kumar,et al.  Partitions based computational method for high-order fuzzy time series forecasting , 2012, Expert Syst. Appl..

[37]  Jameel Khadaroo,et al.  The role of transport infrastructure in international tourism development: A gravity model approach , 2008 .

[38]  Dillon Alleyne,et al.  Can Seasonal Unit Root Testing Improve the Forecasting Accuracy of Tourist Arrivals? , 2006 .

[39]  Shivraj R. Singh,et al.  A simple method of forecasting based on fuzzy time series , 2007, Appl. Math. Comput..

[40]  Çagdas Hakan Aladag,et al.  Finding an optimal interval length in high order fuzzy time series , 2010, Expert Syst. Appl..