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Title: Short Term Forecasting of Remaining Parking Spaces in Parking Guidance Systems
Accession Number: 01589902
Record Type: Component
Abstract: Short term remaining parking spaces forecasting is an important function of urban parking guidance system (PGS) which is an effective approach for improving urban parking management and relieving the parking problem. Remaining parking spaces of public parking lots can be provided to drivers by Variable Message Signs, internet, broadcast or even on-board equipment. The reliability of PGD will be affected if the number of remaining parking spaces cannot be forecasted accurately. Previous methods are difficult to be applied in practice because of low accuracy or long computing time. In this study, time series method which originates from economics field is applied to establish an approach for forecasting remaining parking spaces accurately and improving the efficiency of PGS. Based on the order and periodic characteristics of the real world data collected in Nanjing, China, a short term forecasting model, Auto Regressive Integrated Moving Average (ARIMA) model, is established and a real-time forecast process is presented. The performance of this forecasting model is analyzed by comparing forecast data with collected data. Results indicate that time series method can be applied to forecast the number of remaining parking spaces accurately. The real-time forecast process is appropriate for the established model and can improve the forecast accuracy. In addition, the proposed ARIMA model is compared with neural network method. Results show that time series method is better both in individual error analysis and collective error analysis. This method is appropriate for applying in real world and can improve reliability of PGS.
Supplemental Notes: This paper was sponsored by TRB committee ABJ30 Standing Committee on Urban Transportation Data and Information Systems.
Monograph Title: Monograph Accession #: 01584066
Report/Paper Numbers: 16-5060
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Zhu, XiaoboGuo, JianhuaHuang, WeiYu, FengquanPagination: 18p
Publication Date: 2016
Conference:
Transportation Research Board 95th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; Maps; References; Tables
TRT Terms: Geographic Terms: Subject Areas: Highways; Operations and Traffic Management; Planning and Forecasting; I72: Traffic and Transport Planning
Source Data: Transportation Research Board Annual Meeting 2016 Paper #16-5060
Files: TRIS, TRB, ATRI
Created Date: Jan 12 2016 6:12PM
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