• DocumentCode
    2239719
  • Title

    Modeling solution and properties research on the General GM(1,1) model

  • Author

    Wei, Zhou ; Jian-min, He

  • Author_Institution
    Sch. of Econ. & Adm., Southeast Univ., Nanjing, China
  • fYear
    2011
  • fDate
    13-15 Sept. 2011
  • Firstpage
    73
  • Lastpage
    78
  • Abstract
    Discrete GM(1,1) model solves the bias defect in homogeneous exponential fitting using GM (1,1) model. General GM(1,1) model solves the conversion problem of the original equation between differential form and differential form, and can effectively profile GM(1,1) model and Discrete GM(1,1) model. But, the modeling mechanism, solution approach and lots of good properties about General GM(1,1) model do not take in-depth studying. So that, we research the mechanism of the General GM(1,1) modeling and three solution approaches about the stepwise ratio including the fitting approach of initial information, the fitting approach of new information and the overall error minimization approach in this paper. Then, we further detailed analysis some important properties such as the general nature, the fitting optimization property, the homogeneous exponential property and the unbiased property to fit homogeneous exponent. At last, the feasibility and the optimization properties are confirmed through an real example. Then, General GM(1,1) model and Grey Prediction Theory could be effetely improved and perfected for this article.
  • Keywords
    grey systems; prediction theory; differential form; discrete GM(1,1) model; fitting optimization property; general GM(1,1) model; grey prediction theory; homogeneous exponential fitting; homogeneous exponential property; unbiased property; Analytical models; Data models; Equations; Fitting; Mathematical model; Predictive models; Time factors; 1) model; General GM(1; original equation; stepwise ratio; time response function;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering (ICMSE), 2011 International Conference on
  • Conference_Location
    Rome
  • ISSN
    2155-1847
  • Print_ISBN
    978-1-4577-1885-4
  • Type

    conf

  • DOI
    10.1109/ICMSE.2011.6069945
  • Filename
    6069945