The purpose of this paper is describes the use of grey pridiction in linear programming problems. Some definitions and concepts of grey system theory are introduced and then, we introduced GM(1,1) and fractional order accumulation into grey model. Due to the fluctuation of prices and the lack of certainty data in the market, optimal production was calculated to optimize the profit from sales us...

This paper applies a new multi attribute decision-making (MADM) model to help companies for enterprise resource planning (ERP) selection problem based on Balanced Score Card method. This paper uses three-parameter interval grey numbers which is derived from Grey theory (was proposed by J. Deng). This numbers is used instead of linguistic variables. Beside, a new weighting method that outcomes f...

Purpose – The relationship between energy consumption (EC) and economic growth is a well-known and more studied subject in literature. In this study, Turkey’s EC and gross domestic product (GDP) relation is analyzed. The aim of this study is to find out the relative importance of energy components on GDP for Turkey. Hence, the authors can make some strategic implications up to the importance of...

Industrial forecasting is a top-echelon research domain, which has over the past several years experienced highly provocative research discussions. The scope of this research domain continues to expand due to the continuous knowledge ignition motivated by scholars in the area. So, more intelligent and intellectual contributions on current research issues in the accident domain will potentially ...

Accurate prediction of the future electricity consumption is crucial for production electricity management. Since the storage of electrical energy is very difficult, reliable and accurate prediction of power consumption is important. Different approaches for this purpose were used. In this paper, Grey model (1,1) based on grey system theory has been used for forecasting results. Annual electric...

rapid technological and economic growth over the last several decades has changed human lives and made modern society face complex decision making problems. these kinds of problems are characterized by incommensurate and conflicting criteria or objectives such as cost, reliability, performance, safety and productivity. multi criteria decision making is an approach that can be used to deal compl...

Warpage and shrinkage control are important factors in proving the quality of thin-wall parts in injection modeling process. In the present paper, grey relational analysis was used in order to optimize these two parameters in manufacturing plastic bush of articulated garden tractor. The material used in the plastic bush is Derlin 500. The input parameters in the process were selected according ...

Energy simulation is a vital part of energy policy of a country, especially for a developing country like China where energy consumption is growing very rapidly. The present study has been conducted to simulate the total primary energy consumption in residential sector in rural areas in Chongqing by using macro and micro drivers including population size, number of households, persons per house...