Forecasting the waste production hierarchical time series with correlation structure

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26210%2F26%3A0189262" target="_blank" >RIV/00216305:26210/26:0189262 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/article/10.1007/s11081-024-09898-0" target="_blank" >https://link.springer.com/article/10.1007/s11081-024-09898-0</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s11081-024-09898-0" target="_blank" >10.1007/s11081-024-09898-0</a>

Result language
angličtina
Original language name
Forecasting the waste production hierarchical time series with correlation structure
Original language description
Continuous increase in society's prosperity causes overwhelming growth of the produced municipal solid waste. Circular economy initiatives help to solve this problem by creating closed production cycles, where the produced waste is recycled, or its energy is recovered. An embedment of such principles requires implementation of new waste management strategies. However, these novel strategies must be based on the accurate forecasts of future waste flows. Municipal solid waste production data demonstrate behavior of hierarchical time series. Among all possible approaches to hierarchical times series forecasting, this article is focused on the reconciliation of the base waste generation forecasts. The novel method, that is based on the game-theoretically optimal reconciliation of hierarchical time series, is presented. The modified approach enables to incorporate interdependencies between time series using correlation matrix and to obtain the forecasts corresponding to the unique solution of the optimization problem. The potential of the proposed abstract approach is demonstrated on the waste production data of paper, plastics (both primarily sorted by households), and mixed municipal solid waste from the Czech Republic.
Czech name
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Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
21100 - Other engineering and technologies

Project
<a href="/en/project/SS02030008" target="_blank" >SS02030008: Centre of environmental research: Waste management, circular economy and environmetal secutiry</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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