Grey Markov Forecasting Model
Jiang Cheng- yi
DOI:10.11835/j.issn.1674-4764.1996.03.018
Received ,Revised , Accepted , Available online July 01, 2015
Volume ,1996,Pages 116-122
- Abstract
This paper presents objectives of study of grey system and the GM(1,1)grey forecast model is introduced.A new forecasting method was introduced which combined merits of both grey GM(1,1)forecast and Markov forecast overcome their shortcomings and increased precision of forecast.Finaly, an example for application was given.