Title :
A GERT-EFL network model for the parametric configuration of maximum entropy
Author :
Wang Chuan-hui ; Fang Zhi-geng ; Wang Ling-ling
Author_Institution :
Sch. of Bus., Coll. of Econ. & Manage., Lin Yi Univ., Nanjing, China
Abstract :
In this paper, a GERT-EFL network model (Graphical Evaluation Review Technique-Extracorporeal Feedback Loop) is constructed by the parametric configuration of maximum entropy. An analytic algorithm about a GERT-EFL network model for the parametric configuration of maximum entropy is provided. The model is applied to the real estate market. The mutual influence relationship of the real estate market each other is analyzed, then the sections of the extracorporeal feedback loop is also analyzed. The dynamic input-output shows condition of participants of the real estate market each other. The value-added of the resources flowing process is obtained.
Keywords :
PERT; decision making; feedback; maximum entropy methods; property market; GERT-EFL network model; graphical evaluation review technique-extracorporeal feedback loop; parametric maximum entropy configuration; real estate market; resource flowing process; Analytical models; Decision making; Entropy; Industries; Predictive models; GERT network; extracorporeal feedback loop; maximum entropy; real estate market;
Conference_Titel :
Grey Systems and Intelligent Services, 2013 IEEE International Conference on
Conference_Location :
Macao
Print_ISBN :
978-1-4673-5247-5
DOI :
10.1109/GSIS.2013.6714813
