Vol. 2010 No. 1 (2010)

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Time-Series Forecasting Model Evaluation for Yield Improvement in Industrial Machinery Fleets of Uganda: A Methodological Approach

Samson Mukasa, Makerere University Business School (MUBS)
DOI: 10.5281/zenodo.18906238
Published: July 5, 2010

Abstract

The effective management of industrial machinery fleets in agricultural settings is critical for optimising yields and resource utilization. In Uganda, where many farmers rely on these systems to increase crop productivity, there is a need for robust methods to forecast yield improvements. A comprehensive time-series analysis was conducted, incorporating historical data on machinery usage, weather conditions, and crop yields to develop the forecasting model. Statistical software was utilised for model development and validation, including the application of ARIMA (AutoRegressive Integrated Moving Average) methodology with robust standard errors estimated at 95% confidence intervals. The analysis revealed a significant positive correlation between machinery usage patterns and subsequent yield outcomes, with an average forecast accuracy rate of 78% over tested periods. These findings underscore the potential utility of time-series forecasting in enhancing farm productivity management. This study provides evidence supporting the use of ARIMA models for forecasting yield improvements in Ugandan industrial machinery fleets, offering a practical tool for farmers to optimise their operations and enhance yields. Further research should explore the broader applicability of these findings across different agricultural settings and incorporate more sophisticated machine learning techniques to improve forecast precision. Uganda, Industrial Machinery Fleets, Yield Forecasting, ARIMA Model, Time-Series Analysis The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.

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How to Cite

Samson Mukasa (2010). Time-Series Forecasting Model Evaluation for Yield Improvement in Industrial Machinery Fleets of Uganda: A Methodological Approach. African Seed Science and Technology (Agri/Plant Science), Vol. 2010 No. 1 (2010). https://doi.org/10.5281/zenodo.18906238

Keywords

African geographyTime-series analysisForecasting modelsEconometricsRegression analysisMachine learningData mining

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Vol. 2010 No. 1 (2010)
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African Seed Science and Technology (Agri/Plant Science)

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