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Chinese Journal of Management Science ›› 2012, Vol. ›› Issue (2): 129-134.

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The Improvements and Applications of Forecasting Method in GM(1,1) Model Based on Combinative Interpolation

WANG Xiao-jia, YANG Shan-lin   

  1. College of Science, Hefei University of Technology, Hefei 230009, China
  • Received:2010-12-20 Revised:2011-12-09 Online:2012-04-29 Published:2012-04-25

Abstract: In this paper, we analyze the background value calculation in GM(1,1) model, put forward the idea of combination interpolation and construct a new class of gray prediction model which used piecewise linear interpolation function and Newton interpolation method. This model could overcome the lack of existed improved gray model and give a new way to improve the prediction accuracy. The simulation example using the improvement method is presented to demonstrate the effectiveness of our approach.

Key words: grey system, combinative interpolation, background value, CIGM(1,1) model

CLC Number: