Fuzzy Time Series and Artificial Neural Network: Forecasting Exportation of Natural Rubber in Malaysia

Natural rubber is one of the most important crops in Malaysia alongside palm oil, cocoa, paddy, and pineapple. Being a tropical country, Malaysia is one of the top five exporters and producers of rubber in the world. The purpose of this study is to find the forecasted value of the actual data of th...

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Publicado: Faculty of Computer and Mathematical Sciences, Universiti Teknologi MARA Perlis 2021
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spelling oai:doaj.org-article:7519d51c20c44bb0aac66fe6e97807ec2021-11-06T02:22:32ZFuzzy Time Series and Artificial Neural Network: Forecasting Exportation of Natural Rubber in Malaysia2600-8793https://doaj.org/article/7519d51c20c44bb0aac66fe6e97807ec2021-03-01T00:00:00Zhttp://repeater.my/index.php/jcrinn/article/view/170https://doaj.org/toc/2600-8793 Natural rubber is one of the most important crops in Malaysia alongside palm oil, cocoa, paddy, and pineapple. Being a tropical country, Malaysia is one of the top five exporters and producers of rubber in the world. The purpose of this study is to find the forecasted value of the actual data of the number of exportations of natural rubber by using Fuzzy Time Series and Artificial Neural Network. This study is also conducted to determine the best model by making comparison between Fuzzy Time Series and Artificial Neural Network. Fuzzy Time Series has allowed to overcome a downside where the classical time series method cannot deal with forecasting problem in which values of time series are linguistic terms represented by fuzzy sets. Artificial Neural Network was introduced as one of the systematic tools of modelling which has been forecasting for about 20 years ago. The error measure that was used in this study to make comparisons were Mean Square Error, Root Mean Square Error and Mean Absolute Percentage Error. The results of this study showed that the fuzzy time series method has the smallest error value compared to artificial neural network which means it was more accurate compared to artificial neural network in forecasting exportation of natural rubber in Malaysia. Faculty of Computer and Mathematical Sciences, Universiti Teknologi MARA PerlisarticleProbabilities. Mathematical statisticsQA273-280TechnologyTTechnology (General)T1-995ENJournal of Computing Research and Innovation, Vol 6, Iss 1 (2021)
institution DOAJ
collection DOAJ
language EN
topic Probabilities. Mathematical statistics
QA273-280
Technology
T
Technology (General)
T1-995
spellingShingle Probabilities. Mathematical statistics
QA273-280
Technology
T
Technology (General)
T1-995
Fuzzy Time Series and Artificial Neural Network: Forecasting Exportation of Natural Rubber in Malaysia
description Natural rubber is one of the most important crops in Malaysia alongside palm oil, cocoa, paddy, and pineapple. Being a tropical country, Malaysia is one of the top five exporters and producers of rubber in the world. The purpose of this study is to find the forecasted value of the actual data of the number of exportations of natural rubber by using Fuzzy Time Series and Artificial Neural Network. This study is also conducted to determine the best model by making comparison between Fuzzy Time Series and Artificial Neural Network. Fuzzy Time Series has allowed to overcome a downside where the classical time series method cannot deal with forecasting problem in which values of time series are linguistic terms represented by fuzzy sets. Artificial Neural Network was introduced as one of the systematic tools of modelling which has been forecasting for about 20 years ago. The error measure that was used in this study to make comparisons were Mean Square Error, Root Mean Square Error and Mean Absolute Percentage Error. The results of this study showed that the fuzzy time series method has the smallest error value compared to artificial neural network which means it was more accurate compared to artificial neural network in forecasting exportation of natural rubber in Malaysia.
format article
title Fuzzy Time Series and Artificial Neural Network: Forecasting Exportation of Natural Rubber in Malaysia
title_short Fuzzy Time Series and Artificial Neural Network: Forecasting Exportation of Natural Rubber in Malaysia
title_full Fuzzy Time Series and Artificial Neural Network: Forecasting Exportation of Natural Rubber in Malaysia
title_fullStr Fuzzy Time Series and Artificial Neural Network: Forecasting Exportation of Natural Rubber in Malaysia
title_full_unstemmed Fuzzy Time Series and Artificial Neural Network: Forecasting Exportation of Natural Rubber in Malaysia
title_sort fuzzy time series and artificial neural network: forecasting exportation of natural rubber in malaysia
publisher Faculty of Computer and Mathematical Sciences, Universiti Teknologi MARA Perlis
publishDate 2021
url https://doaj.org/article/7519d51c20c44bb0aac66fe6e97807ec
_version_ 1718443988120240128