Journal
APPLIED MATHEMATICAL MODELLING
Volume 57, Issue -, Pages 163-178Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.apm.2018.01.014
Keywords
Container throughput forecasting; Variational mode decomposition; Support vector regression; Hybridizing grey wolf optimization; Hybrid decomposition-ensemble model
Funding
- National Natural Science Foundation of China [71771207, 11475073]
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This paper built a hybrid decomposition-ensemble model named VMD-ARIMA-HGWO-SVR for the purpose of improving the stability and accuracy of container throughput prediction. The latest variational mode decomposition (VMD) algorithm is employed to decompose the original series into several modes (components), then ARIMA models are built to forecast the low-frequency components, and the high-frequency components are predicted by SVR models which are optimized with a recently proposed swarm intelligence algorithm called hybridizing grey wolf optimization (HGWO), following this, the prediction results of all modes are ensembled as the final forecasting result. The error analysis and model comparison results show that the VMD is more effective than other decomposition methods such as CEEMD and WD, moreover, adopting ARIMA models for prediction of low-frequency components can yield better results than predicting all components by SVR models. Based on the results of empirical study, the proposed model has good prediction performance on container throughput data, which can be used in practical work to provide reference for the operation and management of ports to improve the overall efficiency and reduce the operation costs. (C) 2018 Elsevier Inc. All rights reserved.
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