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Article
Publication date: 29 July 2014

Xia Long, Yong Wei and Zhao Long

The purpose of this paper is to build a linear time-varying discrete Verhulst model (LTDVM), to realise the convert from continuous forms to discrete forms, and to eliminate…

133

Abstract

Purpose

The purpose of this paper is to build a linear time-varying discrete Verhulst model (LTDVM), to realise the convert from continuous forms to discrete forms, and to eliminate traditional grey Verhulst model's error caused by difference equations directly jumping to differential equations.

Design/methodology/approach

The methodology of the paper is by the light of discrete thoughts and countdown to the original data sequence.

Findings

The research of this model manifests that LTDVM is unbiased on the “s” sequential simulation.

Practical implications

The example analysis shows that LTDVM embodies simulation and prediction with high precision.

Originality/value

This paper is to realise the convert from continuous forms to discrete forms, and to eliminate traditional grey Verhulst model's error caused by difference equations directly jumping to differential equations. Meanwhile, the research of this model manifests that LTDVM is unbiased on the “s” sequential simulation.

Details

Grey Systems: Theory and Application, vol. 4 no. 2
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 25 October 2022

Naiming Xie

The purpose of this paper is to summarize progress of grey forecasting modelling, explain mechanism of grey forecasting modelling and classify exist grey forecasting models.

Abstract

Purpose

The purpose of this paper is to summarize progress of grey forecasting modelling, explain mechanism of grey forecasting modelling and classify exist grey forecasting models.

Design/methodology/approach

General modelling process and mechanism of grey forecasting modelling is summarized and classification of grey forecasting models is done according to their differential equation structure. Grey forecasting models with linear structure are divided into continuous single variable grey forecasting models, discrete single variable grey forecasting models, continuous multiple variable grey forecasting models and discrete multiple variable grey forecasting models. The mechanism and traceability of these models are discussed. In addition, grey forecasting models with nonlinear structure, grey forecasting models with grey number sequences and grey forecasting models with multi-input and multi-output variables are further discussed.

Findings

It is clearly to explain differences between grey forecasting models with other forecasting models. Accumulation generation operation is the main difference between grey forecasting models and other models, and it is helpful to mining system developing law with limited data. A great majority of grey forecasting models are linear structure while grey forecasting models with nonlinear structure should be further studied.

Practical implications

Mechanism and classification of grey forecasting models are very helpful to combine with suitable real applications.

Originality/value

The main contributions of this paper are to classify models according to models' structure are linear or nonlinear, to analyse relationships and differences of models in same class and to deconstruct mechanism of grey forecasting models.

Details

Grey Systems: Theory and Application, vol. 12 no. 4
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 6 January 2022

Wuyong Qian, Hao Zhang, Aodi Sui and Yuhong Wang

The purpose of this study is to make a prediction of China's energy consumption structure from the perspective of compositional data and construct a novel grey model for…

Abstract

Purpose

The purpose of this study is to make a prediction of China's energy consumption structure from the perspective of compositional data and construct a novel grey model for forecasting compositional data.

Design/methodology/approach

Due to the existing grey prediction model based on compositional data cannot effectively excavate the evolution law of correlation dimension sequence of compositional data. Thus, the adaptive discrete grey prediction model with innovation term based on compositional data is proposed to forecast the integral structure of China's energy consumption. The prediction results from the new model are then compared with three existing approaches and the comparison results indicate that the proposed model generally outperforms existing methods. A further prediction of China's energy consumption structure is conducted into a future horizon from 2021 to 2035 by using the model.

Findings

China's energy structure will change significantly in the medium and long term and China's energy consumption structure can reach the long-term goal. Besides, the proposed model can better mine and predict the development trend of single time series after the transformation of compositional data.

Originality/value

The paper considers the dynamic change of grey action quantity, the characteristics of compositional data and the impact of new information about the system itself on the current system development trend and proposes a novel adaptive discrete grey prediction model with innovation term based on compositional data, which fills the gap in previous studies.

Details

Grey Systems: Theory and Application, vol. 12 no. 3
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 3 August 2015

Sifeng Liu, Bo Zeng, Jiefang Liu, Naiming Xie and Yingjie Yang

– The purpose of this paper is to provide a foundational reference and practical guidance for modelling small and poor data with incomplete information.

Abstract

Purpose

The purpose of this paper is to provide a foundational reference and practical guidance for modelling small and poor data with incomplete information.

Design/methodology/approach

The definitions of four basic models of GM(1, 1), such as Even Grey Model (EGM), Original Difference Grey Model (ODGM), Even Difference Grey Model (EDGM) and Discrete Grey Model (DGM), are put forward. The properties and characteristics of different models are studied and their equivalence are proved. The suitable sequences of different models are studied by simulation and analysis with homogeneous exponential sequences, nonhomogeneous exponential increasing sequences and vibration sequences.

Findings

The main conclusions have been obtained as follows: first, the three discrete models of ODGM, EDGM and DGM are suitable for homogeneous exponential sequences or sequences which close to a homogeneous exponential sequence; and second the EGM are suitable for nonhomogeneous exponential increasing sequences and vibration sequences.

Practical implications

The outcome obtained in this paper can be consulted for model selection in the course of practical modelling.

Originality/value

This paper systematically defined the four basic forms of model GM(1, 1) and studied their properties and characteristics, especially their suitable sequences. Although significant progress has been made in this field, such a systematic study on these models and their suitable sequences is still missing as far as we know. It can provide reference and basis for people to choose the correct model in the actual modelling process.

Details

Grey Systems: Theory and Application, vol. 5 no. 2
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 31 May 2022

Ye Li, Xue Bai, Bin Liu and Yuying Yang

In order to accurately forecast nonlinear and complex characteristics of solar power generation in China, a novel discrete grey model with time-delayed power term (abbreviated as

Abstract

Purpose

In order to accurately forecast nonlinear and complex characteristics of solar power generation in China, a novel discrete grey model with time-delayed power term (abbreviated as TDDGM(1,1,tα) is proposed in this paper.

Design/methodology/approach

Firstly, the time response function is deduced by using mathematical induction, which overcomes the defects of the traditional grey model. Then, the genetic algorithm is employed to determine the optimal nonlinear parameter to improve the flexibility and adaptability of the model. Finally, two real cases of installed solar capacity forecasting are given to verify the proposed model, showing its remarkable superiority over seven existing grey models.

Findings

Given the reliability and superiority of the model, the model TDDGM(1,1,tα) is applied to forecast the development trend of China's solar power generation in the coming years. The results show that the proposed model has higher prediction accuracy than the comparison models.

Practical implications

This paper provides a scientific and efficient method for forecasting solar power generation in China with nonlinear and complex characteristics. The forecast results can provide data support for government departments to formulate solar industry development policies.

Originality/value

The main contribution of this paper is to propose a novel discrete grey model with time-delayed power term, which can handle nonlinear and complex time series more effectively. In addition, the genetic algorithm is employed to search for optimal parameters, which improves the prediction accuracy of the model.

Details

Grey Systems: Theory and Application, vol. 13 no. 1
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 21 July 2020

Liang Zeng

To develop the theory and application of the grey prediction model, this investigation constructs a novel discrete grey Riccati model termed DGRM(1,1).

Abstract

Purpose

To develop the theory and application of the grey prediction model, this investigation constructs a novel discrete grey Riccati model termed DGRM(1,1).

Design/methodology/approach

By examining a special kind of Riccati difference equation and the structure of the conventional discrete grey model (DGM), we advance a novel DGRM, and the model's prediction effect is evaluated by two numerical examples and an application case and compared with that of other conventional grey models.

Findings

The average relative simulation error of DGRM(1,1) does not change if the model is built after the original sequence has been transformed by a multiplier, and the new model is suitable to predict monotonically increasing, monotonically decreasing and unimodal sequences.

Practical implications

DGRM(1,1) is utilized to forecast the development cost of a small plane owned by the Aviation Industry Corporation of China (AVIC) with an original data sequence from 2006 to 2013. The outcomes indicate that DGRM(1,1) exhibits high precision and potential in development cost prediction.

Originality/value

Combining the Riccati difference equation with the conventional DGM, the author advances a new grey model that is suitable to predict three kinds of data series with different changing trends.

Details

Grey Systems: Theory and Application, vol. 11 no. 2
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 3 August 2021

Yitong Liu, Yang Yang, Dingyu Xue and Feng Pan

Electricity consumption prediction has been an important topic for its significant impact on electric policies. Due to various uncertain factors, the growth trends of electricity…

Abstract

Purpose

Electricity consumption prediction has been an important topic for its significant impact on electric policies. Due to various uncertain factors, the growth trends of electricity consumption in different cases are variable. However, the traditional grey model is based on a fixed structure which sometimes cannot match the trend of raw data. Consequently, the predictive accuracy is variable as cases change. To improve the model's adaptability and forecasting ability, a novel fractional discrete grey model with variable structure is proposed in this paper.

Design/methodology/approach

The novel model can be regarded as a homogenous or non-homogenous exponent predicting model by changing the structure. And it selects the appropriate structure depending on the characteristics of raw data. The introduction of fractional accumulation enhances the predicting ability of the novel model. And the relative fractional order r is calculated by the numerical iterative algorithm which is simple but effective.

Findings

Two cases of power load and electricity consumption in Jiangsu and Fujian are applied to assess the predicting accuracy of the novel grey model. Four widely-used grey models, three classical statistical models and the multi-layer artificial neural network model are taken into comparison. The results demonstrate that the novel grey model performs well in all cases, and is superior to the comparative eight models.

Originality/value

A fractional-order discrete grey model with an adaptable structure is proposed to solve the conflict between traditional grey models' fixed structures and variable development trends of raw data. In applications, the novel model has satisfied adaptability and predicting accuracy.

Details

Kybernetes, vol. 51 no. 10
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 27 April 2023

Weiliang Zhang, Sifeng Liu, Lianyi Liu, R.M. Kapila Tharanga Rathnayaka, Naiming Xie and Junliang Du

China's population aging is gradually deepening and needs to be actively addressed. The purpose of this paper is to construct a novel model for analyzing the population aging.

Abstract

Purpose

China's population aging is gradually deepening and needs to be actively addressed. The purpose of this paper is to construct a novel model for analyzing the population aging.

Design/methodology/approach

To analyze the aging status of a region, this study has considered three major indicators: total population, aged population and the proportion of the aged population. Additionally, the authors have developed a novel grey population prediction model that incorporates the fractional-order accumulation operator and Gompertz model (GM). By combining these techniques, the authors' model provides a comprehensive and accurate prediction of population aging trends in Jiangsu Province. This research methodology has the potential to contribute to the development of effective policy solutions to address the challenges posed by the population aging.

Findings

The fractional-order discrete grey GM is suitable for predicting the aging population and has good performance. The population aging of Jiangsu Province will continue to deepen in the next few years.

Practical implications

The proposed model can be used to predict and analyze aging differences in Jiangsu Province. Based on the prediction and analysis results, identified some corresponding countermeasures are suggested to address the challenges of Jiangsu's future aging problem.

Originality/value

The fractional-order discrete grey GM is firstly proposed in this paper and this model is a novel grey population prediction model with good performance.

Details

Grey Systems: Theory and Application, vol. 13 no. 3
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 28 June 2021

Jue Wang and Wuyong Qian

The purpose of this study is to make a prediction of the R&D output of China from the perspective of R&D institutions and put forward a set of policy recommendations for further…

Abstract

Purpose

The purpose of this study is to make a prediction of the R&D output of China from the perspective of R&D institutions and put forward a set of policy recommendations for further development of the science and technology in China.

Design/methodology/approach

In this paper, an improved discrete grey multivariable model is proposed, which takes both the interaction effects and the accumulative effects into account. As the current research on China's R&D activities is generally based on the perspective of universities or industrial enterprises above designated size while few studies put their focus on R&D institutions, this paper applies the proposed model to carry out an empirical analysis based on the data of China's R&D institutions from 2009 to 2019. The prediction results from the new model are then compared with three existing approaches and the comparison results indicate that the proposed model generally outperforms existing methods. A further prediction of the R&D output in China's R&D institutions is conducted into a future horizon from 2020 to 2023 by using the model.

Findings

The results indicate that China's R&D institutions have a good development trend and broad prospects, which is closely related to China's long-term investment in science and technology. Additionally, the R&D inputs of China possess obvious interaction effects and accumulative effects.

Originality/value

The paper considers the interaction effects and the accumulative effects of R&D inputs simultaneously and proposes an improved discrete grey multivariable model, which fills the gap in previous studies.

Details

Kybernetes, vol. 51 no. 4
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 31 May 2022

Qiang Li, Sifeng Liu and Changhai Lin

The purpose of this paper is to solve the problem of quality prediction in the equipment production process and provide a method to deal with abnormal data and solve the problem…

Abstract

Purpose

The purpose of this paper is to solve the problem of quality prediction in the equipment production process and provide a method to deal with abnormal data and solve the problem of data fluctuation.

Design/methodology/approach

The analytic hierarchy process-process failure mode and effect analysis (AHP-PFMEA) structure tree is established based on the analytic hierarchy process (AHP) and process failure mode and effect analysis (PFMEA). Through the failure mode analysis table of the production process, the weight of the failure process and stations is determined, and the ranking of risk failure stations is obtained so as to find out the serious failure process and stations. The spectrum analysis method is used to identify the fault data and judge the “abnormal” value in the fault data. Based on the analysis of the impact, an “offset operator” is designed to eliminate the impact. A new moving average denoise operator is constructed to eliminate the “noise” in the original random fluctuation data. Then, DGM (1,1) model is constructed to predict the production process quality.

Findings

It is discovered the “offset operator” can eliminate the impact of specific shocks effectively, moving average denoise operator can eliminate the “noise” in the original random fluctuation data and the practical application of the shown model is very effective for quality predicting in the equipment production process.

Practical implications

The proposed approach can help provide a good guidance and reference for enterprises to strengthen onsite equipment management and product quality management. The application on a real-world case showed that the DGM (1,1) grey discrete model is very effective for quality predicting in the equipment production process.

Originality/value

The offset operators, including an offset operator for a multiplicative effect and an offset operator for an additive effect, are proposed to eliminate the impact of specific shocks, and a new moving average denoise operator is constructed to eliminate the “noise” in the original random fluctuation data. Both the concepts of offset operator and denoise operator with their calculation formulas were first proposed in this paper.

Details

Grey Systems: Theory and Application, vol. 13 no. 1
Type: Research Article
ISSN: 2043-9377

Keywords

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