Based on the Theory of Grey System to Forecast China's Business Volume of Express Services

Shiyin Tang; Guangming Deng

doi:10.4236/me.2015.62025

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Modern Economy > Vol.6 No.2, February 2015

Based on the Theory of Grey System to Forecast China's Business Volume of Express Services ()

Shiyin Tang, Guangming Deng^*

College of Science, Guilin University of Technology, Guilin, China.

DOI: 10.4236/me.2015.62025 PDF HTML XML 3,024 Downloads 3,652 Views Citations

Abstract

With the rapid growth of economy, the popularization of the Internet, the rise of online shopping, China’s express delivery industry showed rapid growth trend, and the competition of the express industry market is becoming increasingly fierce. According to the data of business volume of express services from 2001 to 2013, this paper analyzes the factors affecting China’s business volume of express services through the grey correlation degree analysis, and forecasts express busi- ness volume in 2014 and 2015 by using the grey forecasting method to establish GM (1,1) model.

Keywords

Business Volume of Express Services, Grey Correlation Degree, Grey Forecasting Method

Share and Cite:

Tang, S. and Deng, G. (2015) Based on the Theory of Grey System to Forecast China's Business Volume of Express Services. Modern Economy, 6, 283-288. doi: 10.4236/me.2015.62025.

Conflicts of Interest

The authors declare no conflicts of interest.

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