Container Throughput Forecasting of Tianjin-Hebei Port Group Based on Grey Combination Model

Container throughput forecasting plays an important role in port capacity planning and management. Regarding the issue of container throughput of Tianjin-Hebei Port Group, considering the container throughput is an incomplete grey information system affected by various factors, the effect is often u...

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Bibliographic Details
Main Authors: Chen He, Huipo Wang
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Journal of Mathematics
Online Access:http://dx.doi.org/10.1155/2021/8877865
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Summary:Container throughput forecasting plays an important role in port capacity planning and management. Regarding the issue of container throughput of Tianjin-Hebei Port Group, considering the container throughput is an incomplete grey information system affected by various factors, the effect is often unsatisfactory by adopting a single forecasting model. Therefore, this paper studies the issue by combining fractional GM (1, 1) and BP neural network. The comparison results show that the combination model performs better than other single models separately and has a higher level of forecasting accuracy. Furthermore, the combination model is adopted to forecast the container throughput of Tianjin-Hebei Port Group from 2021 to 2025, which would be a data reference for the future development optimization for the container operation of Tianjin-Hebei Port Group.
ISSN:2314-4629
2314-4785