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Cybernetic Modelling of Economic Systems
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adaptive forecasting analysis applied cybernetics approximately assume Baruch College behaviour Box and Jenkins Box-Jenkins capacity Chapter control models control theory cybernetic approach cybernetic system defined determine deterministic developing dynamic logistic dynamic regression dynamic system economic equation equilibrium error estimate example expected value exponential distribution exponential smoothing factors feedback Figure finite follows an exponential gamma distribution Ghosal given hold true hyper-exponential distribution implies industrial input elements input—output inter-arrival time follows isomorph Laplace transform linear M/G/l system mathematical mean square error method non-linear control objective function operations research optimal solution optimization problem output elements parameters past data period predicted prob probability distribution production quasi-isomorph queueing system relation release response rate second queue Section server service time follows situation stability stationary statistical stochastic systems structure Theorem theory upper bound variables vector waiting room waiting time d.f.