Grey GRM(1, 1) Model Based on Reciprocal Accumulated Generating and Its Application

Ruibiao Zou, Haiyan Wu

College of Sciences, Hunan Agriculture University, Changsha, China.

DOI: 10.4236/am.2012.36084                

Abstract

Aiming the problem of low accuracy during establishing grey model in which monotonically decreasing sequence data and traditional modeling methods are used, this paper applied the reciprocal accumulated generating and the approach optimizing grey derivative which is based on three points to deduce the calculation formulas for model parameters, established grey GRM(1, 1) model based on reciprocal accumulated generating. It provides a new method for the grey modeling. The example validates the practicability and reliability of the proposed model.

Keywords

Reciprocal Accumulated Generating; Grey GRM Model; Data Processing; Grey Modeling

Conflicts of Interest

The authors declare no conflicts of interest.

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