Chapter
Apr 26, 2012

Logistics Demand Forecast Based on Gray System Theory

Publication: International Conference on Transportation Engineering 2007

Abstract

This essay aims to make a prediction of the GDP of Baoshan City in the following five years by employing the GM (1, 1) models which is established on the basis of Gray system theory. The prediction shows that gray equation dimension grey number successively supplement (EDGNSS) GM (1, 1) forecast model can be a very good simulation of the interflow of the goods and materials in the macroscopic logistics system, making its role of being a white information time data to the fullest and reducing the gray space between the prediction value. The gray parameters and the models will be revised as the prediction step forward a single step and finally the prediction value will come into being in this dynamic process. This model is of high precision and requires few statistics. It proves to be a very method for macroscopic logistic system.

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Go to International Conference on Transportation Engineering 2007
International Conference on Transportation Engineering 2007
Pages: 3443 - 3451

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Published online: Apr 26, 2012

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X. C. Liang [email protected]
College of logistics, Southwest Jiaotong University, Chengdu, 610031, China. E-mail: [email protected]
B. Shuai
College of transportation, Southwest Jiaotong University, Chengdu, 610031, China
Z. Y. Yang
College of logistics, Southwest Jiaotong University, Chengdu, 610031, China

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