A ReliabA Reliability Prediction Method of Novel Grey Model and its Error Analysisility Prediction Method of Novel Grey Model and

doi:10.23940/ijpe.19.09.p10.23732381

Int J Performability Eng ›› 2019, Vol. 15 ›› Issue (9): 2373-2381.doi: 10.23940/ijpe.19.09.p10.23732381

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A ReliabA Reliability Prediction Method of Novel Grey Model and its Error Analysisility Prediction Method of Novel Grey Model and

Wei Meng^a,b, Bo Zeng^b, Shuliang Li^b, and Syed Ahsan Ali Shah^c,*

^aSchool of Management and Economics, University of Electronic Science and Technology of China, Chengdu, 611731, China;
^bNational Research Base of Intelligent Manufacturing Service, Chongqing Technology and Business University, Chongqing, 400067, China;
^cCollege of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, 210016, China

Submitted on ; Revised on ; Accepted on
Contact: *. E-mail address: mengwei@uestc.edu.cn

Abstract

Abstract: This study proposed a reliability prediction method of novel fractional-order discrete grey prediction model FODGM (1,1), which is developed on the discrete grey prediction model DGM (1,1). The modeling error distribution of FODGM (1,1) is systematically studied. The sequences of exponential data are generated for numerical simulation. Later, the mean absolute percentage errors (MAPE) of FODGM (1,1), with different values of order and development coefficient, are compared to the modeling errors of GM (1,1) and DGM (1,1) using numerical simulation. The modeling error distribution graph of FODGM (1,1) with the sequences of exponential data is presented. The findings reveal that DGM (1,1) and the direct modeling DGM (1,1) are both special cases of FODGM (1,1). The outcome provides a foundation to further optimize the grey model by using fractional-order operators and to expand the applicable bound of the grey model.

Key words: grey prediction model, fractional-order operator, FODGM (1, 1), reliability prediction

Wei Meng, Bo Zeng, Shuliang Li, and Syed Ahsan Ali Shah. A ReliabA Reliability Prediction Method of Novel Grey Model and its Error Analysisility Prediction Method of Novel Grey Model and [J]. Int J Performability Eng, 2019, 15(9): 2373-2381.

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A ReliabA Reliability Prediction Method of Novel Grey Model and its Error Analysisility Prediction Method of Novel Grey Model and

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