Industrial process monitoring by means of recurrent neural networks and Self Organizing Maps

Industrial manufacturing plants often suffer from reliability problems during their day-to-day operations which have the potential for causing a great impact on the effectiveness and performance of the overall process and the sub-processes involved. Time-series forecasting of critical industrial signals presents itself as a way to reduce this impact by extracting knowledge regarding the internal dynamics of the process and advice any process deviations before it affects the productive process. In this paper, a novel industrial condition monitoring approach based on the combination of Self Organizing Maps for operating point codification and Recurrent Neural Networks for critical signal modeling is proposed. The combination of both methods presents a strong synergy, the information of the operating condition given by the interpretation of the maps helps the model to improve generalization, one of the drawbacks of recurrent networks, while assuring high accuracy and precision rates. Finally, the complete methodology, in terms of performance and effectiveness is validated experimentally with real data from a copper rod industrial plant.Postprint (published version

Forecasting and Forecast Combination in Airline Revenue Management Applications

Predicting a variable for a future point in time helps planning for unknown future situations and is common practice in many areas such as economics, finance, manufacturing, weather and natural sciences. This paper investigates and compares approaches to forecasting and forecast combination that can be applied to service industry in general and to airline industry in particular. Furthermore, possibilities to include additionally available data like passenger-based information are discussed

Fuzzy Logic and Its Uses in Finance: A Systematic Review Exploring Its Potential to Deal with Banking Crises

The major success of fuzzy logic in the field of remote control opened the door to its application in many other fields, including finance. However, there has not been an updated and comprehensive literature review on the uses of fuzzy logic in the financial field. For that reason, this study attempts to critically examine fuzzy logic as an effective, useful method to be applied to financial research and, particularly, to the management of banking crises. The data sources were Web of Science and Scopus, followed by an assessment of the records according to pre-established criteria and an arrangement of the information in two main axes: financial markets and corporate finance. A major finding of this analysis is that fuzzy logic has not yet been used to address banking crises or as an alternative to ensure the resolvability of banks while minimizing the impact on the real economy. Therefore, we consider this article relevant for supervisory and regulatory bodies, as well as for banks and academic researchers, since it opens the door to several new research axes on banking crisis analyses using artificial intelligence techniques

Watershed rainfall forecasting using neuro-fuzzy networks with the assimilation of multi-sensor information

The complex temporal heterogeneity of rainfall coupled with mountainous physiographic context makes a great challenge in the development of accurate short-term rainfall forecasts. This study aims to explore the effectiveness of multiple rainfall sources (gauge measurement, and radar and satellite products) for assimilation-based multi-sensor precipitation estimates and make multi-step-ahead rainfall forecasts based on the assimilated precipitation. Bias correction procedures for both radar and satellite precipitation products were first built, and the radar and satellite precipitation products were generated through the Quantitative Precipitation Estimation and Segregation Using Multiple Sensors (QPESUMS) and the Precipitation Estimation from Remotely Sensed Information using Artificial Neural Networks-Cloud Classification System (PERSIANN-CCS), respectively. Next, the synthesized assimilated precipitation was obtained by merging three precipitation sources (gauges, radars and satellites) according to their individual weighting factors optimized by nonlinear search methods. Finally, the multi-step-ahead rainfall forecasting was carried out by using the adaptive network-based fuzzy inference system (ANFIS). The Shihmen Reservoir watershed in northern Taiwan was the study area, where 641 hourly data sets of thirteen historical typhoon events were collected. Results revealed that the bias adjustments in QPESUMS and PERSIANN-CCS products did improve the accuracy of these precipitation products (in particular, 30-60% improvement rates for the QPESUMS, in terms of RMSE), and the adjusted PERSIANN-CCS and QPESUMS individually provided about 10% and 24% contribution accordingly to the assimilated precipitation. As far as rainfall forecasting is concerned, the results demonstrated that the ANFIS fed with the assimilated precipitation provided reliable and stable forecasts with the correlation coefficients higher than 0.85 and 0.72 for one- and two-hour-ahead rainfall forecasting, respectively. The obtained forecasting results are very valuable information for the flood warning in the study watershed during typhoon periods. © 2013 Elsevier B.V

Multimodal forecasting methodology applied to industrial process monitoring

IEEE Industrial process modelling represents a key factor to allow the future generation of industrial manufacturing plants. In this regard, accurate models of critical signals need to be designed in order to forecast process deviations. In this work a novel multimodal forecasting methodology based on adaptive dynamics packaging and codification of the process operation is proposed. First, a target signal is decomposed by means of the Empirical Mode Decomposition in order to identify the characteristics intrinsic mode functions. Second, such dynamics are packaged depending on their significance and modelling complexity. Third, the operating condition of the considered process, reflected by available auxiliary signals, is codified by means of a Self-Organizing Map and presented to the modelling structure. The forecasting structure is supported by a set of ensemble ANFIS based models, each one focused on a different set of signal dynamics. The performance and effectiveness of the proposed method is validated experimentally with industrial data from a copper rod manufacturing plant and performance comparison with classical approaches. The proposed method improves performance and generalization versus classical single model approaches.Peer ReviewedPostprint (author's final draft

Hybrid learning for interval type-2 intuitionistic fuzzy logic systems as applied to identification and prediction problems

This paper presents a novel application of a hybrid learning approach to the optimisation of membership and non-membership functions of a newly developed interval type-2 intuitionistic fuzzy logic system (IT2 IFLS) of a Takagi-Sugeno-Kang (TSK) fuzzy inference system with neural network learning capability. The hybrid algorithms consisting of decou- pled extended Kalman filter (DEKF) and gradient descent (GD) are used to tune the parameters of the IT2 IFLS for the first time. The DEKF is used to tune the consequent parameters in the forward pass while the GD method is used to tune the antecedents parts during the backward pass of the hybrid learning. The hybrid algorithm is described and evaluated, prediction and identification results together with the runtime are compared with similar existing studies in the literature. Performance comparison is made between the proposed hybrid learning model of IT2 IFLS, a TSK-type-1 intuitionistic fuzzy logic system (IFLS-TSK) and a TSK-type interval type-2 fuzzy logic system (IT2 FLS-TSK) on two instances of the datasets under investigation. The empirical comparison is made on the designed systems using three artificially generated datasets and three real world datasets. Analysis of results reveal that IT2 IFLS outperforms its type-1 variants, IT2 FLS and most of the existing models in the literature. Moreover, the minimal run time of the proposed hybrid learning model for IT2 IFLS also puts this model forward as a good candidate for application in real time systems

Computational intelligence approaches for energy load forecasting in smart energy management grids: state of the art, future challenges, and research directions and Research Directions

Energy management systems are designed to monitor, optimize, and control the smart grid energy market. Demand-side management, considered as an essential part of the energy management system, can enable utility market operators to make better management decisions for energy trading between consumers and the operator. In this system, a priori knowledge about the energy load pattern can help reshape the load and cut the energy demand curve, thus allowing a better management and distribution of the energy in smart grid energy systems. Designing a computationally intelligent load forecasting (ILF) system is often a primary goal of energy demand management. This study explores the state of the art of computationally intelligent (i.e., machine learning) methods that are applied in load forecasting in terms of their classification and evaluation for sustainable operation of the overall energy management system. More than 50 research papers related to the subject identified in existing literature are classified into two categories: namely the single and the hybrid computational intelligence (CI)-based load forecasting technique. The advantages and disadvantages of each individual techniques also discussed to encapsulate them into the perspective into the energy management research. The identified methods have been further investigated by a qualitative analysis based on the accuracy of the prediction, which confirms the dominance of hybrid forecasting methods, which are often applied as metaheurstic algorithms considering the different optimization techniques over single model approaches. Based on extensive surveys, the review paper predicts a continuous future expansion of such literature on different CI approaches and their optimizations with both heuristic and metaheuristic methods used for energy load forecasting and their potential utilization in real-time smart energy management grids to address future challenges in energy demand managemen