Price Forecasting of Supply Chain Product Based on Dynamic Fractal Dimension

IEEE Computer Society
Publication Type:
Conference Proceeding
International Conference on Information Management, Innovation Management and Industrial Engineering - Vol 2, 2008, pp. 153 - 156
Issue Date:
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Supply chain management (SCM) is an emerging field that has commanded attention and support from the industrial community. Demand forecast taking inventory into consideration is an important issue in SCM. This paper presents a novel computerized system for implementing the forecasting activities required in SCM. It can help the supply chain enterprises find hidden forms, trends and relationships in the date of supply chain by the dynamic fractal dimension of fractal theory, find that dynamic fractal dimension not only can overcome the delay of the existing technical analysis on the price forecasts, and but also can instruct the supply chain product prices in advance.
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