Grey New Information GRM(1,1) Model and its Application Based on Reciprocal Accumulated Generating and Background Value Optimization

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Abstract:

As the monotonic decreasing data the traditional grey model is characteristic with low accuracy, using reciprocal generating operation, making full use of the new information, optimizing the background values, the formula of the parameters was induced and the grey new information GRM(1,1) model was established based on reciprocal accumulating and background value optimization. It provides a new way for the grey model. The examples show the new information model has high accuracy than the non-new information model.

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188-191

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August 2013

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© 2013 Trans Tech Publications Ltd. All Rights Reserved

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