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Chinese Journal of Management Science ›› 2008, Vol. 16 ›› Issue (4): 159-162.

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The Optimization of Background Value in Non-Equidistant GM(1,1) Model

WANG Ye-mei, DANG Yao-guo, WANG Zheng-xin   

  1. College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 210016, China
  • Received:2007-06-04 Revised:2008-06-11 Online:2008-08-31 Published:2008-08-31

Abstract: As the background value is an important factor affecting the precision of grey system model, this paper makes a research on the background value in non-equidistant GM (1,1) model.Based on index characteristic of grey model and the definition of integral, we use the discrete function with non-homogeneous exponential law to fit the accumulated sequence to propose a new method to optimize the background value in non-equidistant GM (1,1) model.The example indicates the precision of simulation and forecast by this optimized background value is obviously higher.This new formula of background value is motonly suitable in non-equidistant GM (1,1) model, but also in equidistant GM (1,1) model, and has high precision and wide applicability.

Key words: non-equidistant, GM (1,1) model, background value, optimize

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