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Wu, H.R. (1990) Applied Grey Model to Forecast Business Volume of Postal and Postal and Telecommunication Services. Journal of Nanjing Institute of Posts and Telecommunications, 10, 91-94.

has been cited by the following article:

• TITLE: Based on the Theory of Grey System to Forecast China's Business Volume of Express Services

  AUTHORS: Shiyin Tang, Guangming Deng

  KEYWORDS: Business Volume of Express Services, Grey Correlation Degree, Grey Forecasting Method

  JOURNAL NAME: Modern Economy, Vol.6 No.2, February 12, 2015

  ABSTRACT: With the rapid growth of economy, the popularization of the Internet, the rise of online shopping, China’s express delivery industry showed rapid growth trend, and the competition of the express industry market is becoming increasingly fierce. According to the data of business volume of express services from 2001 to 2013, this paper analyzes the factors affecting China’s business volume of express services through the grey correlation degree analysis, and forecasts express busi- ness volume in 2014 and 2015 by using the grey forecasting method to establish GM (1,1) model.