Application of fuzzy regression on air cargo volume forecast

Application of fuzzy regression on air cargo volume forecast This paper presented a Fuzzy Regression Forecasting Model (FRFM) to forecast demand by examining present international air cargo market. Accuracy is one of the most important concerns when dealing with forecasts. However, there is one problem that is often overlooked. That is, an accurate forecast model for one does not necessarily suit the other. This is mainly due to individual’s different perceptions toward their socioeconomic environment as well as their competitiveness when evaluating risk. Therefore people make divergent judgments toward various scenarios. Yet even when faced with the same challenge, distinctive responses are generated due to individual evaluations in their strengths and weaknesses. How to resolve these uncertainties and indefiniteness while accommodating individuality is the main purpose of constructing this FRFM. When forecasting air cargo volumes, uncertainty factors often cause deviation in estimations derived from traditional linear regression analysis. Aiming to enhance forecast accuracy by minimizing deviations, fuzzy regression analysis and linear regression analysis were integrated to reduce the residual resulted from these uncertain factors. The authors applied α-cut and Index of Optimism λ to achieve a more flexible and persuasive future volume forecast. Quality & Quantity Springer Journals

Application of fuzzy regression on air cargo volume forecast

Loading next page...
Springer Netherlands
Copyright © 2011 by Springer Science+Business Media B.V.
Social Sciences, general; Methodology of the Social Sciences; Social Sciences, general
Publisher site
See Article on Publisher Site


You’re reading a free preview. Subscribe to read the entire article.

DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

Monthly Plan

  • Read unlimited articles
  • Personalized recommendations
  • No expiration
  • Print 20 pages per month
  • 20% off on PDF purchases
  • Organize your research
  • Get updates on your journals and topic searches


Start Free Trial

14-day Free Trial

Best Deal — 39% off

Annual Plan

  • All the features of the Professional Plan, but for 39% off!
  • Billed annually
  • No expiration
  • For the normal price of 10 articles elsewhere, you get one full year of unlimited access to articles.



billed annually
Start Free Trial

14-day Free Trial