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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Language: | English |
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Wiley
2021-01-01
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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. |
format | Article |
id | doaj-art-a17a51dd7837475799dbc82512150397 |
institution | Kabale University |
issn | 1607-887X |
language | English |
publishDate | 2021-01-01 |
publisher | Wiley |
record_format | Article |
series | Discrete Dynamics in Nature and Society |
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 |
work_keys_str_mv | AT abmsalmanrahman modelingthesmartfactorymanufacturingproductscharacteristicstheperspectiveofenergyconsumption AT myeongbaelee modelingthesmartfactorymanufacturingproductscharacteristicstheperspectiveofenergyconsumption AT jonghyunlim modelingthesmartfactorymanufacturingproductscharacteristicstheperspectiveofenergyconsumption AT yongyuncho modelingthesmartfactorymanufacturingproductscharacteristicstheperspectiveofenergyconsumption AT changsunshin modelingthesmartfactorymanufacturingproductscharacteristicstheperspectiveofenergyconsumption |