There have been a number of forecasting models based on various forms of the logistic growth model. This paper has investigated the effectiveness of the three-parameter and four-parameter logistic models for forecasting the growth of Shanghai Port's throughput. The two models are applied to the in-port, out-port and total throughput of Shanghai Port. The developed models are compared using goodness of fit to the historical data. The comparison has revealed that the four-parameter logistic model is an appropriate candidate for forecasting the growth of Shanghai Port's throughput.
Logistics Models for Forecasting the Growth of Shanghai Port's Throughput
International Conference of Logistics Engineering and Management (ICLEM) 2010 ; 2010 ; Chengdu, China
ICLEM 2010 ; 3640-3647
2010-09-09
Aufsatz (Konferenz)
Elektronische Ressource
Englisch
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