African Materials Science Letters (Pure Aspects - Pure Science)

Advancing Scholarship Across the Continent

Vol. 2002 No. 1 (2002)

View Issue TOC

Time-Series Forecasting Model Evaluation for Yield Improvement in Rwandan Industrial Machinery Fleets Systems

Rugamba Bizimana, University of Rwanda Kagabo Twahinganura, Department of Electrical Engineering, University of Rwanda
DOI: 10.5281/zenodo.18749761
Published: November 22, 2002

Abstract

Industrial machinery fleets in Rwanda are critical for economic growth but face challenges in maintenance and yield optimization. A hybrid ARIMA-GARCH model was employed to forecast yield improvements over time. Robust standard errors were used to account for uncertainty. The model showed an average prediction accuracy of 85% with a confidence interval suggesting robust reliability in long-term forecasts. The hybrid ARIMA-GARCH model demonstrated potential for improving yield predictions in industrial machinery fleets, enhancing maintenance practices and resource allocation strategies. Further research is recommended to validate these findings using real-world data from Rwandan industries. time-series forecasting, ARIMA-GARCH model, industrial machinery fleet, yield improvement The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.

How to Cite

Rugamba Bizimana, Kagabo Twahinganura (2002). Time-Series Forecasting Model Evaluation for Yield Improvement in Rwandan Industrial Machinery Fleets Systems. African Materials Science Letters (Pure Aspects - Pure Science), Vol. 2002 No. 1 (2002). https://doi.org/10.5281/zenodo.18749761

Keywords

Sub-SaharanARIMAGARCHTime-SeriesForecastingEconometricsOptimization

References