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Forecasting the electronic waste quantity with a decomposition-ensemble approach.

Fang Wang1, Lean Yu2, Aiping Wu1

  • 1School of Economics & Management, Xidian University, Xian 710126, China; Shaanxi Soft Science Institute of Information and Digital Economy, Xian 71012.6, China.

Waste Management (New York, N.Y.)
|December 7, 2020
PubMed
Summary
This summary is machine-generated.

Accurately predicting waste electrical and electronic equipment (WEEE) or e-waste is crucial for efficient disposal. A new VMD-ESM-GM hybrid model effectively forecasts e-waste quantities and trends.

Keywords:
Decomposition-ensemble ApproachE-waste ForecastingGrey Modeling

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Area of Science:

  • Environmental Science
  • Data Science
  • Waste Management

Background:

  • Waste electrical and electronic equipment (WEEE), or e-waste, represents the fastest-growing category of hazardous solid waste globally.
  • Effective e-waste disposal and management strategies depend on accurate quantity predictions.
  • Existing forecasting models may not fully capture the complex trends in e-waste generation.

Purpose of the Study:

  • To propose a novel hybrid forecasting methodology for predicting e-waste quantities.
  • To enhance the accuracy and reliability of e-waste amount predictions.
  • To support the development of effective e-waste recycling and circular economy initiatives.

Main Methods:

  • A decomposition-ensemble-based hybrid forecasting methodology integrating Variational Mode Decomposition (VMD), Exponential Smoothing Model (ESM), and Grey Modeling (GM) was developed (VMD-ESM-GM).
  • The VMD-ESM-GM model decomposes complex time-series data into simpler components for improved analysis.
  • The methodology was validated using e-waste data from Washington State, US, and the UK Environment Agency.

Main Results:

  • The VMD-ESM-GM methodology demonstrated superior performance compared to benchmark models in predicting e-waste quantities.
  • The model accurately captured and predicted future fluctuation trends in e-waste generation.
  • The decomposition-ensemble approach proved effective in handling the complexities of e-waste data.

Conclusions:

  • The proposed VMD-ESM-GM hybrid model is a suitable and effective tool for e-waste quantity prediction.
  • Accurate e-waste forecasting can significantly aid decision-making for recycling and circular economy planning.
  • This methodology offers a robust approach for managing the growing challenge of global e-waste.