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Hybrid Grey forecasting model for Taiwan’s Hsinchu Science Industrial Park
NOPR - NISCAIR Online Periodicals Repository
View Archive Info| Field | Value | |
| Title |
Hybrid Grey forecasting model for Taiwan’s Hsinchu Science Industrial Park
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| Creator |
Sun, Chia Chi
Lin, Grace T R |
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| Subject |
Grey forecasting model
Hsinchu Science Industrial Park Markov chain |
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| Description |
354-360
Grey theory is an effective method to solve uncertainty problems with discrete data and incomplete information. This paper proposes an improved grey GM (1, 1) model, using a technique that combines residual modification with Markov chain model. Proposed Grey-Markov model, applied as a case study to annual output of Taiwan Hsinchu Industries Science Park, could clearly improve forecast accuracy of original Grey forecast model. |
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| Date |
2009-04-13T04:01:29Z
2009-04-13T04:01:29Z 2009-05 |
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| Type |
Article
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| Identifier |
0022-4456
http://hdl.handle.net/123456789/3785 |
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| Language |
en_US
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| Publisher |
CSIR
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| Source |
JSIR Vol.68(05) [May 2009]
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