A High-Order Heuristic Fuzzy Time Series Forecasting Model Based on Hedge Algebras Approach

Nowadays, forecasting models are increasingly being developed and studied a lot to serve various areas of science and public life. One of all is fuzzy time series forecasting models have been developed and are booming because they have been proven to give very good forecasting results. This paper presents a high-order fuzzy time series forecasting model based on a hedge algebras approach. The results of the model have been evaluated for performance through comparison with other models and the effectiveness of the model is proven. The proposed model will serve as reference material, as well as the basis for other research in this area.