Title :
Price Forecasting of Supply Chain Product Based on Dynamic Fractal Dimension
Author :
Dong, Jianli ; Zeng, Fudan ; Wang, Jianzhou ; Lu, Haiyan
Author_Institution :
Sch. of Comput. Eng., HuaiHai Inst. of Technol., Lianyungang
Abstract :
Supply chain management (SCM) is an emerging field that has commanded attention and support from the industrial community. Demand forecast taking inventory into consideration is an important issue in SCM. This paper presents a novel computerized system for implementing the forecasting activities required in SCM. It can help the supply chain enterprises find hidden forms, trends and relationships in the date of supply chain by the dynamic fractal dimension of fractal theory, find that dynamic fractal dimension not only can overcome the delay of the existing technical analysis on the price forecasts, and but also can instruct the supply chain product prices in advance.
Keywords :
demand forecasting; fractals; pricing; supply chain management; demand forecasting; dynamic fractal dimension; fractal theory; supply chain enterprises; supply chain management; supply chain product price forecasting; Fractals; Industrial engineering; Information management; Innovation management; Supply chains; dynamic fractal dimension; forecasting; price; the supply chain product;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering, 2008. ICIII '08. International Conference on
Conference_Location :
Taipei
Print_ISBN :
978-0-7695-3435-0
DOI :
10.1109/ICIII.2008.14
