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Author:

Gao, Junjie (Gao, Junjie.) | Xie, Yanan (Xie, Yanan.) | Gu, Feng (Gu, Feng.) | Xiao, Wei (Xiao, Wei.) | Hu, Juanjuan (Hu, Juanjuan.) | Yu, Wenlong (Yu, Wenlong.)

Indexed by:

Scopus SCIE

Abstract:

In this article, a novel Hybrid method based on particle swarm optimization and ant colony optimization (HPA) is proposed to forecast automobile sales of China. Proposed hybrid model integrating particle swarm optimization and ant colony optimization for estimation of Chinese automobile sales (HPAE) is the first model using aforementioned meta-heuristic techniques. HPA is developed for automobile sales forecasting using highway mileage, gross domestic product, automobile ownership, and consumer price index. HPAE is developed in two forms including both Linear (HPAEL) and Quadratic (HPAEQ). Then, in order to show the accuracy of the algorithm, a comparison is made with ant colony optimization and particle swarm optimization. The results show that mean absolute errors of the HPAE model are the best among them, and better-fit solutions are provided by quadratic form (HPAEQ) due to fluctuations of the influential indicators in China.

Keyword:

hybrid meta-heuristic method Particle swarm optimization automobile sales forecasting ant colony optimization

Author Community:

  • [ 1 ] [Gao, Junjie]Dalian Univ Technol, Sch Automot Engn, Dalian, Peoples R China
  • [ 2 ] [Xie, Yanan]Dalian Univ Technol, Sch Automot Engn, Dalian, Peoples R China
  • [ 3 ] [Gu, Feng]Dalian Univ Technol, Sch Automot Engn, Dalian, Peoples R China
  • [ 4 ] [Xiao, Wei]Dalian Univ Technol, Sch Automot Engn, Dalian, Peoples R China
  • [ 5 ] [Hu, Juanjuan]Beijing Univ Technol, Coll Architecture & Civil Engn, Beijing, Peoples R China
  • [ 6 ] [Hu, Juanjuan]Minist Transport Peoples Republ China, Transport Management Inst, Beijing, Peoples R China
  • [ 7 ] [Yu, Wenlong]Tianjin Univ, Sch Architecture, Tianjin 300072, Peoples R China

Reprint Author's Address:

  • [Yu, Wenlong]Tianjin Univ, Sch Architecture, Tianjin 300072, Peoples R China

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Source :

ADVANCES IN MECHANICAL ENGINEERING

ISSN: 1687-8132

Year: 2017

Issue: 8

Volume: 9

2 . 1 0 0

JCR@2022

ESI Discipline: ENGINEERING;

ESI HC Threshold:165

CAS Journal Grade:4

Cited Count:

WoS CC Cited Count: 15

SCOPUS Cited Count: 23

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 8

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