Grey Forecast Model with Aging Fractional Accumulation and Its Properties

Leping Tu, Yan Chen, Lifeng Wu and Ali Jaballah

Journal of Mathematics, 2021, vol. 2021, 1-12

Abstract: A novel aging fractional accumulation operator is proposed. The aging accumulation operator can dynamically update the accumulation weight of data and flexibly change the forecast trend by adjusting the aging parameter. In addition, a new aging accumulated grey model is obtained by using the aging accumulation operator to improve the traditional grey model. In the analysis of four examples, the existing grey accumulation operator and prediction method are compared. The results show that the proposed aging accumulation operator and aging accumulation grey model have excellent performance.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jjmath:7596694

DOI: 10.1155/2021/7596694

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