Evaluation of Grey Prediction Method of Energy Consumption

The basis for strategic approach to production system is an effective management as a carrier of system knowledge and ability to ensure the survival of a company. In the world of total competition it is obvious that control of production cost is the main component in company success. Ceramic industry is known as a huge energy consumer with up to 33% of product cost spent for energy [1]. Energy cost consists of human and technology component: basically human component stemming from the product market demand and from nonawareness of workers for energy saving habits and technology component depends on the process at hand. The separation of these components can yield a fruitfull result in leading the company toward minimum production cost. The time of identification of these components demans handling of short data series. Therefore we have chosen the grey system technique to assist in obtaining best system oriented solution [2].