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Forecasting Ferry Passenger Traffic Using Long Short-Term Memory Neural Networks


Khái niệm cốt lõi
A Long Short-Term Memory (LSTM) neural network model can achieve reasonable forecasting accuracy for ferry passenger traffic in the Philippines.
Tóm tắt

This study investigates the use of a Long Short-Term Memory (LSTM) neural network model to forecast ferry passenger traffic at two ports in the Philippines - Batangas Port and Mindoro Port. The study uses monthly passenger traffic data from 2016 to 2022 obtained from the Philippine Ports Authority (PPA).

The key highlights and insights from the study are:

  1. The proposed two-layer LSTM neural network model achieved an average forecasting accuracy of 72% for Batangas Port and 74% for Mindoro Port, as measured by the Mean Absolute Percentage Error (MAPE) metric.

  2. The LSTM model was able to capture the temporal patterns in the ferry passenger traffic data and provide reasonable forecasts for the test sets.

  3. The study recommends further investigation and comparison of the LSTM model with other forecasting techniques, as well as exploring ways to optimize the LSTM model's performance, such as testing different optimization techniques and combining it with other methods.

  4. The ability to accurately forecast ferry passenger traffic can provide valuable insights for transportation and passenger management, enabling better decision-making and resource planning.

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Thống kê
The study used monthly ferry passenger traffic data from 2016 to 2022 for the Batangas Port and Mindoro Port in the Philippines.
Trích dẫn
"Displaying a 72% average accuracy (0.28 average MAPE) on forecasting Batangas Port Passenger ferry passenger traffic and 74% average accuracy (0.26 average MAPE) on forecasting Mindoro Port ferry passenger traffic, the presented LSTM-RNN model achieves a reasonable forecasting performance."

Thông tin chi tiết chính được chắt lọc từ

by Daniel Fesal... lúc arxiv.org 05-06-2024

https://arxiv.org/pdf/2405.02098.pdf
Forecasting Ferry Passenger Flow Using Long-Short Term Memory Neural  Networks

Yêu cầu sâu hơn

How can the LSTM model's performance be further improved, such as by incorporating additional external factors (e.g., weather, events) or exploring ensemble methods

To further enhance the LSTM model's performance in forecasting ferry passenger traffic, several strategies can be implemented. One approach is to incorporate additional external factors that may influence passenger flow, such as weather conditions, special events, holidays, or economic indicators. By integrating these variables into the model, it can capture more nuanced patterns and correlations that impact passenger traffic. For instance, bad weather may deter passengers from traveling, while events or holidays could lead to an influx of travelers. Another method to improve performance is through ensemble methods, where multiple LSTM models are combined to make predictions collectively. Ensemble techniques like bagging or boosting can help mitigate individual model biases and enhance overall forecasting accuracy. By leveraging the strengths of different LSTM models, the ensemble approach can provide more robust and reliable predictions. Furthermore, fine-tuning hyperparameters, increasing the depth of the LSTM architecture, optimizing the learning rate, and exploring different activation functions can also contribute to improving the model's performance in forecasting ferry passenger flow.

What are the potential challenges and limitations in applying LSTM models for forecasting ferry passenger traffic in other regions or countries

When applying LSTM models for forecasting ferry passenger traffic in other regions or countries, several challenges and limitations may arise. One key challenge is the variability in data patterns and passenger behavior across different regions. The model trained on data from one specific location may not generalize well to diverse geographical areas with unique transportation dynamics, infrastructure, and passenger preferences. Additionally, data availability and quality can pose challenges when expanding the LSTM model to forecast passenger traffic in new regions. Obtaining accurate and comprehensive historical data on ferry passenger flow from different countries or regions may be difficult, leading to potential biases or inaccuracies in the forecasting model. Cultural, social, and economic factors specific to each region can also impact passenger traffic patterns, making it challenging to create a universally applicable LSTM model for forecasting ferry passenger flow worldwide. Adapting the model to account for these region-specific nuances and dynamics would be crucial to ensure its effectiveness and reliability in diverse contexts.

How can the insights from this ferry passenger traffic forecasting study be leveraged to improve overall transportation and logistics planning in the Philippines

The insights gained from the ferry passenger traffic forecasting study using LSTM models can be leveraged to enhance overall transportation and logistics planning in the Philippines in several ways. Optimized Scheduling: By accurately forecasting passenger traffic, transportation authorities can optimize ferry schedules, allocate resources efficiently, and improve service reliability. This can lead to reduced waiting times, enhanced passenger satisfaction, and increased operational efficiency. Resource Allocation: Understanding peak travel times and passenger demand patterns can help in better resource allocation, such as deploying additional ferries during high-traffic periods or adjusting staffing levels to meet passenger needs effectively. Infrastructure Planning: Forecasting future passenger traffic trends can aid in long-term infrastructure planning for ferry terminals and ports. Authorities can use these insights to make informed decisions on capacity expansion, facility upgrades, and infrastructure investments to accommodate growing passenger volumes. Emergency Preparedness: Accurate forecasting can also support emergency preparedness and response planning. By anticipating fluctuations in passenger flow during emergencies or natural disasters, authorities can implement contingency measures to ensure passenger safety and continuity of services. Overall, leveraging the predictive capabilities of LSTM models for ferry passenger traffic forecasting can lead to more efficient, reliable, and customer-centric transportation systems in the Philippines, benefiting both passengers and service providers.
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