Document Type
Article Restricted
Publication Date
5-2013
Journal Title
Applied Soft Computing
Volume Number
13
Issue Number
5
First Page
2232
Last Page
2241
Abstract
In this study, three hybrid approaches based on least squares support vector regression (LSSVR) model for container throughput forecasting at ports are proposed. The proposed hybrid approaches are compared empirically with each other and with other benchmark methods in terms of measurement criteria on the forecasting performance. The results suggest that the proposed hybrid approaches can achieve better forecasting performance than individual approaches. It is implied that the description of the seasonal nature and nonlinear characteristics of container throughput series is important for good forecasting performance, which can be realized efficiently by decomposition and the “divide and conquer” principle.