The Prediction of Regional Logistics Scale Based on Grey System Theory

Author

Daxin, Tong ; Xu, Sun

Author_Institution

Sch. of Econ. Manage., Beihua Univ., Jilin, China

Volume

1

fYear

2010

fDate

7-8 Aug. 2010

Firstpage

123

Lastpage

126

Abstract

It is very important to predict regional logistics scale in order to formulate macroscopic economic policy and promote economic development. In the paper, the correlation of regional logistics scale and economic evelopment is analyzed and the measuring index system is studied. Then the GM(1,1) model is set up according to grey system theory. An actual application of the logistics scale prediction in Henan province is made to illustrate the effectiveness of the model. It is proved that the prediction model is very precise and can be used as a good foundation for quantitative research on logistics industry, and the prediction can offer a reference for the decision making with regards to the program of logistics industry.

Keywords

decision making; demand forecasting; grey systems; logistics; macroeconomics; decision making; demand forecasting; economic development; grey system theory; logistics industry; macroscopic economic policy; measuring index system; regional logistics scale; Biological system modeling; Economic indicators; Logistics; Mathematical model; Predictive models; Solid modeling; demand forecasting; grey theory; index system; logistics scale; regional logistics;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Science and Management Engineering (ISME), 2010 International Conference of

Conference_Location

Xi´an

Print_ISBN

978-1-4244-7669-5

Electronic_ISBN

978-1-4244-7670-1

Type

conf

DOI

10.1109/ISME.2010.15

Filename

5573762