Vol. 2012 No. 1 (2012)

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Time-Series Forecasting Model Evaluation for System Reliability in Tanzanian Manufacturing Plants

Simba Mwakabaka, Tanzania Commission for Science and Technology (COSTECH) Kamau Tshabalala, State University of Zanzibar (SUZA)
DOI: 10.5281/zenodo.18960930
Published: December 19, 2012

Abstract

Manufacturing plants in Tanzania face challenges in maintaining system reliability due to fluctuating operational conditions. A comparative analysis of various time-series models was conducted using historical data from multiple Tanzanian plants. Robust statistical techniques were applied to assess the predictive accuracy and reliability of these models. The ARIMA model demonstrated superior forecasting capabilities, with an average prediction error within ±5% for key system performance indicators (SPIs). The time-series forecasting model evaluated in this study significantly improved the reliability assessment of manufacturing systems in Tanzania. Manufacturers should integrate the recommended ARIMA-based forecast into their maintenance and operation plans to enhance overall plant efficiency. time-series analysis, system reliability, Tanzanian manufacturing, ARIMA model 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

Simba Mwakabaka, Kamau Tshabalala (2012). Time-Series Forecasting Model Evaluation for System Reliability in Tanzanian Manufacturing Plants. African Computational Statistics (Technology/Maths), Vol. 2012 No. 1 (2012). https://doi.org/10.5281/zenodo.18960930

Keywords

TanzaniaTime-Series AnalysisSystem ReliabilityForecasting ModelsARIMAMonte Carlo SimulationBayesian Methods

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Vol. 2012 No. 1 (2012)
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African Computational Statistics (Technology/Maths)

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