TY - JOUR
T1 - A fuzzy collaborative forecasting approach considering experts’ unequal levels of authority
AU - Chen, Tin Chih Toly
AU - Wang, Yu Cheng
AU - Lin, Chi Wei
N1 - Publisher Copyright:
© 2020 Elsevier B.V.
PY - 2020/9
Y1 - 2020/9
N2 - Experts typically have unequal authority levels in collaborative forecasting tasks. Most current fuzzy collaborative forecasting methods address this problem by applying a (fuzzy) weighted average to aggregate experts’ fuzzy forecasts. However, the aggregation result may be unreasonable, hence fuzzy weighted intersection operators have been proposed for fuzzy collaborative forecasting. This paper proposes that unequal expert authority levels are considered when deriving the membership function rather than the aggregation value. Therefore, the membership of a value in the aggregation result cannot exceed those in experts’ fuzzy forecasts. The proposed approach was applied to forecast the yield of a dynamic random access memory product to validate its effectiveness. Experimental results showed that the proposed methodology outperformed all current best-practice methods considered in every aspect, and in particular achieving 65% mean root mean square error reduction. Thus, a high expert authority level increased the likelihood for the forecast, which could not be satisfactorily addressed by simply applying a higher weight to the forecast.
AB - Experts typically have unequal authority levels in collaborative forecasting tasks. Most current fuzzy collaborative forecasting methods address this problem by applying a (fuzzy) weighted average to aggregate experts’ fuzzy forecasts. However, the aggregation result may be unreasonable, hence fuzzy weighted intersection operators have been proposed for fuzzy collaborative forecasting. This paper proposes that unequal expert authority levels are considered when deriving the membership function rather than the aggregation value. Therefore, the membership of a value in the aggregation result cannot exceed those in experts’ fuzzy forecasts. The proposed approach was applied to forecast the yield of a dynamic random access memory product to validate its effectiveness. Experimental results showed that the proposed methodology outperformed all current best-practice methods considered in every aspect, and in particular achieving 65% mean root mean square error reduction. Thus, a high expert authority level increased the likelihood for the forecast, which could not be satisfactorily addressed by simply applying a higher weight to the forecast.
KW - Dynamic random access memory
KW - Fuzzy collaborative forecasting
KW - Fuzzy weighted intersection
UR - http://www.scopus.com/inward/record.url?scp=85086138229&partnerID=8YFLogxK
U2 - 10.1016/j.asoc.2020.106455
DO - 10.1016/j.asoc.2020.106455
M3 - Article
AN - SCOPUS:85086138229
SN - 1568-4946
VL - 94
JO - Applied Soft Computing Journal
JF - Applied Soft Computing Journal
M1 - 106455
ER -