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

Volume

2

fYear

2008

fDate

19-21 Dec. 2008

Firstpage

153

Lastpage

156

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;

fLanguage

English

Publisher

ieee

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

Type

conf

DOI

10.1109/ICIII.2008.14

Filename

4737621