Grey System Theory application in model selection of channel modeling at 1.4 GHz

Author(s):  
Changzhen Li ◽  
Junyi Yu ◽  
Kun Yang ◽  
Wei Chen



2018 ◽  
Vol 8 (3) ◽  
pp. 366-379 ◽  
Author(s):  
Ibrahim A. Badi ◽  
Ali M. Abdulshahed ◽  
Ali Shetwan ◽  
Mohamed Ali Ballem

Purpose The purpose of this paper is to propose a site selection method using grey system theory for a desalination plant in Libya. Design/methodology/approach In order to tackle incompleteness and imprecision of human’s judgments, grey numbers were used. This work uses a grey-based approach to represent decision makers’ comparison judgments and extent analysis method to select the best site. Therefore, a real case study of a selection problem of a site selection of desalination plant in Libya was used to illustrate the proposed approach. Findings Site selection in a desalination plant can be one of the most important decisions in planning a desalination project. The decision affects both the project cost and potentially the project schedule. Based on the results of grey model, a clear order of these sites and the degree of preference are obtained. This paper presents a way to improve a site selection by using a grey model, especially in a complex environment like Libya. Originality/value To the best knowledge of the authors, there is no literature for site selection using grey system theory in a desalination plant in Libya. This attempt may well enhance and facilitate the decision-making process of the best site in the country involved in this research.



2019 ◽  
Vol 10 (9) ◽  
pp. 852-860
Author(s):  
Mahmoud Elsayed ◽  
◽  
Amr Soliman ◽  

Grey system theory is a mathematical technique used to predict data with known and unknown characteristics. The aim of our research is to forecast the future amount of technical reserves (outstanding claims reserve, loss ratio fluctuations reserve and unearned premiums reserve) up to 2029/2030. This study applies the Grey Model GM(1,1) using data obtained from the Egyptian Financial Supervisory Authority (EFSA) over the period from 2005/2006 to 2015/2016 for non-life Egyptian insurance market. We found that the predicted amounts of outstanding claims reserve and loss ratio fluctuations reserve are highly significant than the unearned premiums reserve according to the value of Posterior Error Ratio (PER).





2000 ◽  
Vol 11 (1) ◽  
pp. 34-36 ◽  
Author(s):  
Wang Jing ◽  
Hou Yuesong ◽  
Li Weilin ◽  
Cheng Wenhui


2017 ◽  
Vol 7 (2) ◽  
pp. 259-271 ◽  
Author(s):  
Medha Pirthee

Purpose The purpose of this paper is to understand the trend and forecast the number of tourists from different regions of the world to Mauritius. Design/methodology/approach The paper adopts two grey system models, the even model GM(1,1) and the non-homogeneous discrete grey model (NDGM), to forecast the total number of international tourism to Mauritius and its structure from different regions tourist arrivals to Mauritius for the next three years. Grey system theory models were used to account for uncertainties and the dynamism of the tourism sector environment. The two models were applied as a comparison to obtain more reliable forecasting figures. Findings The results demonstrate that both of the grey system models can be successfully applied with high accuracy for Mauritian tourism prediction, and also the number of tourist arrivals to Mauritius shows a continued augmentation for the upcoming years. Practical implications Forecasting is meaningful since the Government of Mauritius, private companies or any concerned authority can adopt the forecasting methods exposed in this paper for the development of the tourism sector through managerial and economic decision making. Originality/value Mauritius is a charming travel destination. Through this paper, it can be seen that future tourism travel to Mauritius has been successfully predicted based on previous data. Moreover, it seems that the grey system theory models have not been utilised yet as forecasting tools for the tourism sector of Mauritius as opposed to other countries such as China and Taiwan.



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