Dynamic modelling and forecasting the water price: A case of Medan, North Sumatera

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Main Authors: Tan, Kim Hek, Zulkifli, Lubis, Mohammad Fadzli, Ramli, Siti Rohana, Goh
Other Authors: mfadzli@unimap.edu.my
Format: Article
Language:English
Published: Institute of Engineering Mathematics, Universiti Malaysia Perlis 2020
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Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/63742
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Institution: Universiti Malaysia Perlis
Language: English
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spelling my.unimap-637422020-01-07T09:05:57Z Dynamic modelling and forecasting the water price: A case of Medan, North Sumatera Tan, Kim Hek Zulkifli, Lubis Mohammad Fadzli, Ramli Siti Rohana, Goh mfadzli@unimap.edu.my Dynamic model Water price Forecasting Sustainability Link to publisher's homepage at https://amci.unimap.edu.my/ Water is an important element of life, hence must be preserved. In addition, the pricing of water supply must be consistent and optimal to ensure its sustainability. This paper describes the dynamic model in the forms of mathematical (structural) equations translated from the Regulation of the Minister of Domestic Affairs Indonesia, No. 23 Year 2006. This regulation has been used by Perusahaan Daerah Air Minum (PDAM) Tirtanadi Medan, North Sumatera in determining the water price. The model consists of several economic variables such as minimum wage, inflation, and subsidy that majorly influenced the forecasted water price. 2020-01-07T09:05:57Z 2020-01-07T09:05:57Z 2019-12 Article Applied Mathematics and Computational Intelligence (AMCI), vol.8(1), 2019, pages 31-38 2289-1315 (print) 2289-1323 (online) http://dspace.unimap.edu.my:80/xmlui/handle/123456789/63742 https://amci.unimap.edu.my/ en Institute of Engineering Mathematics, Universiti Malaysia Perlis
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Dynamic model
Water price
Forecasting
Sustainability
spellingShingle Dynamic model
Water price
Forecasting
Sustainability
Tan, Kim Hek
Zulkifli, Lubis
Mohammad Fadzli, Ramli
Siti Rohana, Goh
Dynamic modelling and forecasting the water price: A case of Medan, North Sumatera
description Link to publisher's homepage at https://amci.unimap.edu.my/
author2 mfadzli@unimap.edu.my
author_facet mfadzli@unimap.edu.my
Tan, Kim Hek
Zulkifli, Lubis
Mohammad Fadzli, Ramli
Siti Rohana, Goh
format Article
author Tan, Kim Hek
Zulkifli, Lubis
Mohammad Fadzli, Ramli
Siti Rohana, Goh
author_sort Tan, Kim Hek
title Dynamic modelling and forecasting the water price: A case of Medan, North Sumatera
title_short Dynamic modelling and forecasting the water price: A case of Medan, North Sumatera
title_full Dynamic modelling and forecasting the water price: A case of Medan, North Sumatera
title_fullStr Dynamic modelling and forecasting the water price: A case of Medan, North Sumatera
title_full_unstemmed Dynamic modelling and forecasting the water price: A case of Medan, North Sumatera
title_sort dynamic modelling and forecasting the water price: a case of medan, north sumatera
publisher Institute of Engineering Mathematics, Universiti Malaysia Perlis
publishDate 2020
url http://dspace.unimap.edu.my:80/xmlui/handle/123456789/63742
_version_ 1670805818999570432