Mansor, Rosnalini and Othman, Mahmod and Mat Kasim, Maznah (2017) Fuzzy reasoning based time series forecasting using weighted subsethood model. Advanced Science Letters, 23 (9). pp. 9094-9097. ISSN 1936-6612

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Abstract

The one central problem in global forecasting area is to minimize the forecasting error and to have a simple model. This paper focuses on the fuzzy time series (FTS) forecasting which is one branch of fuzzy set (FS). Numerous FTS models have been proposed in literature during the past decades and the number of new models is still growing especially in stock markets and student enrolment problems. Some of the FTS models found in literature do not explain the fuzzy logical relationship strength between Ai and Aj which are the left-hand side (LHS) and right-hand side (RHS) of the fuzzy logical relationship respectively. This paper proposed Weighted Subsethood Fuzzy Time Series (WeSuFTS) to build fuzzy reasoning based to address the drawback in forecasting enrolment of students. In this paper, we create the weighted subsethood fuzzy rules to explain the fuzzy relationship between Ai and Aj . The simple centre mid-point defuzzification technique was introduced in defuzzification step. The results show that WeSuFTS method gives promising results where the average error forecasting is 2.31% which is smaller than the one presented by Song and Chissom in 1993 and Chen in 1996, the pioneer of FTS. The proposed method has an advantage since it can give a new interpretation of FTS model. Furthermore, this method able to present the degree of importance of LHS to RHS in explaining the fuzzy logical relationship in FTS.

Item Type:	Article
Uncontrolled Keywords:	Fuzzy Forecasting; Fuzzy Time Series; Students Enrolment; Weighted Subsethood
Subjects:	Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Divisions:	School of Quantitative Sciences
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	14 May 2019 06:14
Last Modified:	14 May 2019 06:14
URI:	https://repo.uum.edu.my/id/eprint/26044

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