Dynamic Decision Prediction Model based on GMARIMA and ETA Models

This paper presents the development and implementation of a dynamic decision prediction model that combines the Grey Prediction Model (GM), ARIMA, and Event Tree Analysis (ETA) to enhance the accuracy and reliability of predictions in complex systems. The methodology begins with data preprocessing using the GM model to handle small samples and limited information, followed by time series analysis using ARIMA to model and forecast based on historical trends. Event prediction is conducted through ETA, which evaluates potential future events and their impacts. The integrated model leverages the strengths of each component: GM is potent for cases with uncertain and limited data, ARIMA effectively captures temporal patterns, and ETA is proficient in event sequence analysis. The results show a significant improvement in forecasting accuracy and decision-making efficiency, particularly in areas such as energy consumption, financial market analysis, and infrastructure maintenance. Sensitivity and feasibility analyses confirm the model’s robustness and practicality, making it a valuable tool for system performance optimization, resource allocation, and strategic planning. This integrated approach provides a comprehensive framework for addressing complex prediction and decision-making challenges in dynamic environments.

Authors

Institutions

Publication Details

Published
2024-10-18
DOI
https://doi.org/10.1109/ssitcon62437.2024.10795979
Primary Topic
Advanced Computational Techniques and Applications
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Dynamic Decision Prediction Model based on GMARIMA and ETA Models

Daoyun Ji, Mingzhuo Ma
Advanced Computational Techniques and Applications
article

Dynamic Decision Prediction Model based on GMARIMA and ETA Models

Daoyun Ji, Mingzhuo Ma
article en

Abstract

This paper presents the development and implementation of a dynamic decision prediction model that combines the Grey Prediction Model (GM), ARIMA, and Event Tree Analysis (ETA) to enhance the accuracy and reliability of predictions in complex systems. The methodology begins with data preprocessing using the GM model to handle small samples and limited information, followed by time series analysis using ARIMA to model and forecast based on historical trends. Event prediction is conducted through ETA, which evaluates potential future events and their impacts. The integrated model leverages the strengths of each component: GM is potent for cases with uncertain and limited data, ARIMA effectively captures temporal patterns, and ETA is proficient in event sequence analysis. The results show a significant improvement in forecasting accuracy and decision-making efficiency, particularly in areas such as energy consumption, financial market analysis, and infrastructure maintenance. Sensitivity and feasibility analyses confirm the model’s robustness and practicality, making it a valuable tool for system performance optimization, resource allocation, and strategic planning. This integrated approach provides a comprehensive framework for addressing complex prediction and decision-making challenges in dynamic environments.

Anhui University (CN)
Peace, Justice and strong institutions
Openalex Percentile: Top 78%
Advanced Computational Techniques and Applications
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.