• DocumentCode
    2798677
  • Title

    Modelling DGM(1,1) under the Criterion of the Minimization of Mean Absolute Percentage Error

  • Author

    Wu, Lifeng ; Wang, Yinao

  • Author_Institution
    Coll. of Math. & Inf. Sci., Wenzhou Univ., Wenzhou, China
  • Volume
    2
  • fYear
    2009
  • fDate
    Nov. 30 2009-Dec. 1 2009
  • Firstpage
    123
  • Lastpage
    126
  • Abstract
    In this paper, we present linear programming method in order to estimate the parameters of the DGM(1,1) model under the criterion of the minimization of mean absolute percentage error (MAPE) (some authors called average relative error). A published article is chosen for practical tests of this method, the results show that this method can obviously improve the simulation accuracy.
  • Keywords
    grey systems; least mean squares methods; linear programming; minimisation; parameter estimation; DGM(1,1) modelling; average relative error; grey model; linear programming method; mean absolute percentage error minimization; parameters estimation; Electronic mail; Information science; Knowledge acquisition; Life estimation; Linear programming; Mathematical model; Mathematics; Minimization methods; Parameter estimation; Testing; 1) model; DGM model; GM(1; Mathematical Modelling; linear programming method; mean absolute percentage error;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Knowledge Acquisition and Modeling, 2009. KAM '09. Second International Symposium on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-0-7695-3888-4
  • Type

    conf

  • DOI
    10.1109/KAM.2009.175
  • Filename
    5362263