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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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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author Chen He
Huipo Wang
author_facet Chen He
Huipo Wang
author_sort Chen He
collection DOAJ
description 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.
format Article
id doaj-art-7155d260b6694c54b610e91e40ecf539
institution OA Journals
issn 2314-4629
2314-4785
language English
publishDate 2021-01-01
publisher Wiley
record_format Article
series Journal of Mathematics
spelling doaj-art-7155d260b6694c54b610e91e40ecf5392025-08-20T02:06:35ZengWileyJournal of Mathematics2314-46292314-47852021-01-01202110.1155/2021/88778658877865Container Throughput Forecasting of Tianjin-Hebei Port Group Based on Grey Combination ModelChen He0Huipo Wang1School of Management Engineering and Business, Hebei University of Engineering, Handan 056038, ChinaSchool of Management Engineering and Business, Hebei University of Engineering, Handan 056038, ChinaContainer 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.http://dx.doi.org/10.1155/2021/8877865
spellingShingle Chen He
Huipo Wang
Container Throughput Forecasting of Tianjin-Hebei Port Group Based on Grey Combination Model
Journal of Mathematics
title Container Throughput Forecasting of Tianjin-Hebei Port Group Based on Grey Combination Model
title_full Container Throughput Forecasting of Tianjin-Hebei Port Group Based on Grey Combination Model
title_fullStr Container Throughput Forecasting of Tianjin-Hebei Port Group Based on Grey Combination Model
title_full_unstemmed Container Throughput Forecasting of Tianjin-Hebei Port Group Based on Grey Combination Model
title_short Container Throughput Forecasting of Tianjin-Hebei Port Group Based on Grey Combination Model
title_sort container throughput forecasting of tianjin hebei port group based on grey combination model
url http://dx.doi.org/10.1155/2021/8877865
work_keys_str_mv AT chenhe containerthroughputforecastingoftianjinhebeiportgroupbasedongreycombinationmodel
AT huipowang containerthroughputforecastingoftianjinhebeiportgroupbasedongreycombinationmodel