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Keywords: Markov chains
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Journal Articles
Journal:
Grey Systems: Theory and Application
Grey Systems: Theory and Application (2026) 16 (2): 225–244.
Published: 22 December 2025
...Francisco Trejo; Rafael Torres Escobar Purpose The purpose of this paper is to propose a novel model, to forecast demand for a third-party service by using the Grey Systems Theory (GST) and Markov Chains, where its forecast error performance is evaluated through mean percentage error, mean...
