Radial basis function neural network with particle swarm optimization algorithms for regional logistics demand prediction

Abstract

Regional logistics prediction is the key step in regional logistics planning and logistics resources rationalization. Since regional economy is the inherent and determinative factor of regional logistics demand, it is feasible to forecast regional logistics demand by investigating economic indicators which can accelerate the harmonious development of regional logistics industry and regional economy. In this paper, the PSO-RBFNN model, a radial basis function neural network (RBFNN) combined with particle swarm optimization (PSO) algorithm, is studied. The PSO-RBFNN model is trained by indicators data in a region to predict the regional logistics demand. And the corresponding results indicate the model's applicability and potential advantages.