Application of gray prediction and linear programming model in economic management

Application of gray prediction and linear programming model in economic management

Shuli Song

Heilongjiang Bayi Agricultural University, Daqing 163319, China

Corresponding Author Email: 
454673843@qq.com
Page: 
46-50
|
DOI: 
https://doi.org/10.18280/mmep.050107
Received: 
15 October 2017
|
Accepted: 
12 January 2018
|
Published: 
31 March 2018
| Citation

OPEN ACCESS

Abstract: 

At present, the gray system theory has enjoyed immense popularity in the field of economy and management. From gray optimization, gray control to gray prediction, the results of the theory have been paid more and more attention and been applied extensively in the economic development and enterprise management. Aiming at constructing a gray linear programming model based on gray prediction and applying the model to enterprise operation and management, this paper forecasts the future technical progress of the enterprise through gray prediction and verifies the accuracy of the prediction. It is proved that the prediction has a high accuracy, indicating that the gray prediction model is applicable to the forecast of technical level. Besides, this paper establishes a linear programming model to analyze the investment income of different projects in an enterprise, thereby providing the basis for managers to make decisions.

Keywords: 

gray prediction, linear programming model, technical progress, investment benefit

1. Introduction
2. Construction of Gray Prediction Calculation Model
3. Establishment and Application of Linear Programming Model Based on Gray Prediction
4. Conclusions
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