The Non-Equidistant Grey GRM (1, 1) Model and Its Application

Abstract

Applying the modeling method of Grey system and accumulated generating operation of reciprocal number for the problem of lower precision as well as lower adaptability in non-equidistant GM (1, 1) model, the calculation formulas were deduced and a non-equidistant GRM (1, 1) model generated by accumulated generating operation of reciprocal number was put forward .The grey GRM (1, 1) model can be used in non-equal interval & equal interval time series and has the characteristic of high precision as well as high adaptability. Example validates the practicability and reliability of the proposed model.

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R. Zou, Z. Mou and W. Yi, "The Non-Equidistant Grey GRM (1, 1) Model and Its Application," International Journal of Modern Nonlinear Theory and Application, Vol. 1 No. 2, 2012, pp. 51-54. doi: 10.4236/ijmnta.2012.12007.

Conflicts of Interest

The authors declare no conflicts of interest.

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