A study on ARMA model based corporate equipment maintenance expenditure prediction

This paper focuses on macro prediction of corporate equipment maintenance expenditure, adopts ARMA to establish the model for historical data of corporate equipment maintenance expenditure and makes demand analysis and prediction so as to provide a scientific basis for decision makers in equipment maintenance expenditure prediction, and they can control the overall budget for equipment maintenance. Based on analysis and compassion of actual model calculation results, the paper reaches the conclusion that ARMA model enjoys an advantage over traditional predicting models in corporate equipment maintenance prediction.