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Títol: Hybrid Grey forecasting model for Taiwan´s Hsinchu Science Industrial Park
Autor: Sun CC (Sun Chia Chi)1 Lin GTR (Lin Grace T. R.)1
Referència: JOURNAL OF SCIENTIFIC & INDUSTRIAL RESEARCH
Volum: 68 issues
Pàgines: 354-360
Any: 2009
Codi ISBN/ISSN: 0022-4456
Tipus de document: Article
Paraules clau: Science Park, : Grey forecasting model; Hsinchu Science Industrial Park; Markov chain
Idioma: Anglès
Resum: Grey theory is an effective method to solve uncertainty problems with discrete data and incomplete information. This paper proposes an improved grey GM (1, 1) model, using a technique that combines residual modification with Markov chain model. Proposed Grey-Markov model, applied as a case study to annual output of Taiwan Hsinchu Industries Science Park, could clearly improve forecast accuracy of original Grey forecast model.
Adreça: Natl Chiao Tung Univ, Inst Technol Management, Hsinchu, Taiwan E-mail Addresses: gtrl@faculty.nctu.edu.tw