Empirical Dynamic Material Flow Model for Tungsten in the USA. (2nd March 2017)
- Record Type:
- Journal Article
- Title:
- Empirical Dynamic Material Flow Model for Tungsten in the USA. (2nd March 2017)
- Main Title:
- Empirical Dynamic Material Flow Model for Tungsten in the USA
- Authors:
- Watson, Rachel
Nieradka, Briana
Vaccari, David A. - Abstract:
- Summary: Multivariate polynomial regression (MPR) analysis was implemented to develop a nonlinear dynamic material flow model (DMFM) of tungsten in the United States for the years 1975–2000 without assumptions for lifetime distributions within reservoirs. Two external economic factors, the Consumer Price Index and the Industrial Production Index, were included as possible exogenous variables. Six types of vector time‐series models were developed using multilinear, simple interaction, and MPR models, each with and without the exogenous economic variables. The DMFMs developed in this work make one‐step‐ahead predictions. That is, the material flows in a given year were predicted using flows and exogenous variables from previous years. In contrast to approaches that utilize assumed lifetime distributions for material within reservoirs, such as the Weibull distribution, the approach used here is completely data driven. MPR models produced statistically better results than linear models for all 13 flows that were modeled. Four of these models used simple interaction terms (which we call linear interaction terms), and two of these incorporated exogenous variables. The other nine models utilized higher‐degree terms with interactions (called multivariate polynomial terms), and two of these incorporated exogenous variables. We conclude that nonlinear vector time series are capable of identifying complex relationships among material flows and exogenous variables. An understanding ofSummary: Multivariate polynomial regression (MPR) analysis was implemented to develop a nonlinear dynamic material flow model (DMFM) of tungsten in the United States for the years 1975–2000 without assumptions for lifetime distributions within reservoirs. Two external economic factors, the Consumer Price Index and the Industrial Production Index, were included as possible exogenous variables. Six types of vector time‐series models were developed using multilinear, simple interaction, and MPR models, each with and without the exogenous economic variables. The DMFMs developed in this work make one‐step‐ahead predictions. That is, the material flows in a given year were predicted using flows and exogenous variables from previous years. In contrast to approaches that utilize assumed lifetime distributions for material within reservoirs, such as the Weibull distribution, the approach used here is completely data driven. MPR models produced statistically better results than linear models for all 13 flows that were modeled. Four of these models used simple interaction terms (which we call linear interaction terms), and two of these incorporated exogenous variables. The other nine models utilized higher‐degree terms with interactions (called multivariate polynomial terms), and two of these incorporated exogenous variables. We conclude that nonlinear vector time series are capable of identifying complex relationships among material flows and exogenous variables. An understanding of these relationships has potential for managing, conserving, and/or forecasting the use of a resource. … (more)
- Is Part Of:
- Journal of industrial ecology. Volume 22:Number 1(2018:Feb.)
- Journal:
- Journal of industrial ecology
- Issue:
- Volume 22:Number 1(2018:Feb.)
- Issue Display:
- Volume 22, Issue 1 (2018)
- Year:
- 2018
- Volume:
- 22
- Issue:
- 1
- Issue Sort Value:
- 2018-0022-0001-0000
- Page Start:
- 31
- Page End:
- 40
- Publication Date:
- 2017-03-02
- Subjects:
- exogenous -- industrial ecology -- nonlinear -- regression -- step‐wise response surface method -- time series
Industrial ecology -- Periodicals
Product life cycle -- Environmental aspects -- Periodicals
Industrial management -- Environmental aspects -- Periodicals
Écologie industrielle -- Périodiques
658.56 - Journal URLs:
- http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1530-9290 ↗
http://onlinelibrary.wiley.com/ ↗ - DOI:
- 10.1111/jiec.12555 ↗
- Languages:
- English
- ISSNs:
- 1088-1980
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 5005.630000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 5822.xml