A new grey decision dynamic model based on cybernetics knowledge for complex system optimization analyzing and its practical application

Purpose – The purpose of this paper is to seek an approach to study decision making and optimization analyzing of enterprises with multi‐factors.Design/methodology/approach – In this paper, a new grey decision dynamic model was set up; it integrates with modified GM model, the transfer function and response characteristic of cybernetics, and other knowledge. The building steps of this integrated model and its application method in a certain enterprise were presented.Findings – Until recently, there have been many references studying grey decision or grey relational analysis of factors, but it was found that dynamic affecting of multi‐factors for enterprise production and their affecting levels were not studied synthetically in these references, and by this new dynamic model, these useful conclusions can be gotten.Research limitations/implications – The built time response equation and dynamic model in this paper can be only used for whole regularity analysis and not suited to daily one‐to‐one analyzing; o...

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