Modeling the Smart Factory Manufacturing Products Characteristics: The Perspective of Energy Consumption

Economic progress is built on the foundation of energy. In the industrial sector, smart factory energy consumption analysis and forecasts are crucial for improving energy consumption rates and also for creating profits. The importance of energy analysis and forecasting in an industrial environment i...

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Main Authors: A.B.M. Salman Rahman, Myeongbae Lee, Jonghyun Lim, Yongyun Cho, Changsun Shin
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2021/4415105
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author A.B.M. Salman Rahman
Myeongbae Lee
Jonghyun Lim
Yongyun Cho
Changsun Shin
author_facet A.B.M. Salman Rahman
Myeongbae Lee
Jonghyun Lim
Yongyun Cho
Changsun Shin
author_sort A.B.M. Salman Rahman
collection DOAJ
description Economic progress is built on the foundation of energy. In the industrial sector, smart factory energy consumption analysis and forecasts are crucial for improving energy consumption rates and also for creating profits. The importance of energy analysis and forecasting in an industrial environment is increasing speedily. It is a great chance to provide a technical boost to smart factories looking to reduce energy usage and produce more profit through the control and optimization modeling. It is tough to analyze energy usage and make accurate estimations of industrial energy consumption. Consequently, this study examines monthly energy consumption to identify the discrepancy between energy usages and energy needs. It depicts the link between energy consumption, demand, and various industrial goods by pattern recognition. The correlation technique is utilized in this study to figure out the link between energy usage and the weight of various materials used in product manufacturing. Next, we use the moving average approach to calculate the monthly and weekly moving averages of energy usages. The use of data-mining techniques to estimate energy consumption rates based on production is increasingly prevalent. This study uses the autoregressive integrated moving average (ARIMA) and seasonal autoregressive integrated moving average (SARIMA) to compare the actual data with forecasting data curves to enhance energy utilization. The Root Mean Square Error (RMSE) performance evaluation result for ARIMA and SARIMA is 8.70 and 10.90, respectively. Eventually, the Variable Important technique determines the smart factory’s most essential product to enhance the energy utilization rate and obtain profitable items for the smart factory.
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spelling doaj-art-a17a51dd7837475799dbc825121503972025-02-03T01:04:21ZengWileyDiscrete Dynamics in Nature and Society1607-887X2021-01-01202110.1155/2021/4415105Modeling the Smart Factory Manufacturing Products Characteristics: The Perspective of Energy ConsumptionA.B.M. Salman Rahman0Myeongbae Lee1Jonghyun Lim2Yongyun Cho3Changsun Shin4Department of Information & Communication EngineeringDepartment of Information & Communication EngineeringDepartment of Information & Communication EngineeringDepartment of Information & Communication EngineeringDepartment of Information & Communication EngineeringEconomic progress is built on the foundation of energy. In the industrial sector, smart factory energy consumption analysis and forecasts are crucial for improving energy consumption rates and also for creating profits. The importance of energy analysis and forecasting in an industrial environment is increasing speedily. It is a great chance to provide a technical boost to smart factories looking to reduce energy usage and produce more profit through the control and optimization modeling. It is tough to analyze energy usage and make accurate estimations of industrial energy consumption. Consequently, this study examines monthly energy consumption to identify the discrepancy between energy usages and energy needs. It depicts the link between energy consumption, demand, and various industrial goods by pattern recognition. The correlation technique is utilized in this study to figure out the link between energy usage and the weight of various materials used in product manufacturing. Next, we use the moving average approach to calculate the monthly and weekly moving averages of energy usages. The use of data-mining techniques to estimate energy consumption rates based on production is increasingly prevalent. This study uses the autoregressive integrated moving average (ARIMA) and seasonal autoregressive integrated moving average (SARIMA) to compare the actual data with forecasting data curves to enhance energy utilization. The Root Mean Square Error (RMSE) performance evaluation result for ARIMA and SARIMA is 8.70 and 10.90, respectively. Eventually, the Variable Important technique determines the smart factory’s most essential product to enhance the energy utilization rate and obtain profitable items for the smart factory.http://dx.doi.org/10.1155/2021/4415105
spellingShingle A.B.M. Salman Rahman
Myeongbae Lee
Jonghyun Lim
Yongyun Cho
Changsun Shin
Modeling the Smart Factory Manufacturing Products Characteristics: The Perspective of Energy Consumption
Discrete Dynamics in Nature and Society
title Modeling the Smart Factory Manufacturing Products Characteristics: The Perspective of Energy Consumption
title_full Modeling the Smart Factory Manufacturing Products Characteristics: The Perspective of Energy Consumption
title_fullStr Modeling the Smart Factory Manufacturing Products Characteristics: The Perspective of Energy Consumption
title_full_unstemmed Modeling the Smart Factory Manufacturing Products Characteristics: The Perspective of Energy Consumption
title_short Modeling the Smart Factory Manufacturing Products Characteristics: The Perspective of Energy Consumption
title_sort modeling the smart factory manufacturing products characteristics the perspective of energy consumption
url http://dx.doi.org/10.1155/2021/4415105
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AT jonghyunlim modelingthesmartfactorymanufacturingproductscharacteristicstheperspectiveofenergyconsumption
AT yongyuncho modelingthesmartfactorymanufacturingproductscharacteristicstheperspectiveofenergyconsumption
AT changsunshin modelingthesmartfactorymanufacturingproductscharacteristicstheperspectiveofenergyconsumption