Abstract

Taking the total volume of import and export trade of Ningbo port in 2004-2011 as the original data, a mathematical model of gray forecasting is established for the total volume of import and export trade of port. The paper predicts the total volume of import and export trade of Ningbo port in 2012-2015 during the 12th Five-Year Plan in accordance with the posterior variance testing. The analysis results indicate that the fitting precision of forecasting model of gray system is satisfactory, offering a good idea for the development and reform of the Ningbo port and the port construction through the sustainable development overall in the future.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.