Title
A study on ARMA model based corporate equipment maintenance expenditure prediction
Abstract
This paper focuses on macro prediction of corporate equipment maintenance expenditure, adopts ARMA to establish the model for historical data of corporate equipment maintenance expenditure and makes demand analysis and prediction so as to provide a scientific basis for decision makers in equipment maintenance expenditure prediction, and they can control the overall budget for equipment maintenance. Based on analysis and compassion of actual model calculation results, the paper reaches the conclusion that ARMA model enjoys an advantage over traditional predicting models in corporate equipment maintenance prediction.
Year
DOI
Venue
2012
10.1109/SOLI.2012.6273564
Service Operations and Logistics, and Informatics
Keywords
DocType
ISBN
autoregressive moving average processes,maintenance engineering,production equipment,arma model,corporate equipment maintenance expenditure prediction,decision makers,demand analysis,historical data,macroprediction,overall budget,corporate equipment maintenance expenditure,econometric analysis,prediction,random sequence,time frequency analysis,predictive models,noise,data models
Conference
978-1-4673-2400-7
Citations 
PageRank 
References 
0
0.34
0
Authors
2
Name
Order
Citations
PageRank
Minhui Lv100.68
Hongxia Zhao211.02