Sentences with phrase «forecasting model which»

I enjoy solving complex business issues, and in my current role developed a standardized cost forecasting model which helped our team reduce report preparation time by 80 %.
Implemented demand forecasting models which improved upon forecast accuracy and reduced supply chain inefficiencies

Not exact matches

Vlieghe told the committee: «I'm never confident of any forecast, and I think the big thing that we risk missing here is that every time there is what we call a forecast error — which means the outturn is different from the central projection — to think that «Well if only we'd had a better model we wouldn't have made that forecast error.»
Our model - based forecasts are complemented by judgment, which is supported by extensive consultations with companies and other contacts.
Finally, while we don't rely on such forecasts, it's interesting to note that on the basis of econometric forecasting models we maintain, the 6 - month forecast is the worst reading since September 2000, which itself was the worst reading in the model's history.
I will not answer this question in a quantitative way, which may disappoint those who want numerical forecasts; in fact, I will be making a few criticisms of the simple models that are often employed for this purpose.
This model can be used as a forecasting tool (as an input to, or cross check of, the central staff forecasts which are predominantly judgemental — and much more detailed — in nature).
TOKYO (AP)-- Mitsubishi Motors Corp., which recently acknowledged it inflated mileage on its models, is forecasting a 145 billion yen ($ 1.4 billion) loss for the fiscal year through March 2017.
CCA is understood to have done internal modelling on the impact of the price rises, which could accelerate a multi-year decline in volumes for carbonated soft drinks, but has not released its forecasts.
According to this model, shown in fig 2, the regulation of exercise work rate during self - paced exercise is achieved by means of a combination of feedback integration (which generates the conscious RPE) and anticipatory forecasting (which produces a «template» for the RPE against which the conscious RPE is compared).
Create a gross metropolitan product and forecast model, which will periodically assess the regional economy's growth and determine what sectors are growing and why.
This gives confidence in the predictions of the current generation of ice - sheet models which are used to forecast future ice loss from Antarctica and resulting sea - level rise.»
Instead of waiting for an event to happen, the idea is to incorporate seasonal forecasts, which are done a month or more ahead of time, into the climate models.
The European Centre for Medium - Range Weather Forecasts, which has better computer power and more sophisticated modeling than the U.S., shows the difference more processing power can make.
Working with the University of New South Wales, scientists have developed a computer model which uses past wave observations and beach assessments to forecast the erosion and / or accretion of beach sediments over the coming year.
The latest model forecasts are less confident that a La Niña will form, which would mean 2016 has a better chance of besting 2015.
Even so, Chialvo says, this new model of epilepsy could spawn improved seizure forecasting technologies, which would open many doors for treating the disorder.
In addition, both studies have yielded valuable data that can be integrated into ecosystem modelswhich are in turn essential to forecasts of how the retreat of sea ice will affect the Arctic ecosystem.
They were then able to build a model which allowed them to estimate the pressure increase in the magma - chamber when it's being refilled and therefore forecast when it's likely to rupture and potentially cause an eruption.
At the same time, he and his students have taken detailed measurements after the deadly 2015 avalanche, which are being used to fine - tune a computer model that will also help improve forecasting.
The UI study showed that adding thermometer data, which captures clinically relevant symptoms (temperature) likely even before a person goes to the doctor, to simple forecasting models, improved predictions of flu activity.
The report, led by PhD student Richard Hall and Professor Edward Hanna from the University of Sheffield's Department of Geography, discovered that up to 35 per cent of this variability may be predictable — a significant advance which may help in the development of seasonal forecasting models.
The freely - accessible database of storm surge data has been compiled through the multi-partner, international eSurge project, which was launched in 2011 with the aim of making available observational data to improve the modelling and forecasting of storm surges around the world using advanced techniques and instruments.
By testing their model against historical data, they found their production forecasts were more accurate than those of both peak oilers, who are traditionally too pessimistic, and authorities such as the US Energy Information Administration, which is generally far too optimistic.
Bill Lapenta, acting director of NOAA's Environmental Modeling Center, heads that translation effort, which churns out numerical forecasts for 12, 24, 36, 48 and 72 hours ahead and beyond.
To forecast the winner, they obtained long - term winning odds of 22 online bookmakers, which in combination with complex statistical models allow for the simulation of all possible courses of the tournament and results.
There are about 30 climate models available today, and each has slightly different physics, which means their forecasts do not always match.
In addition to running the models at the highest resolution possible to obtain the most accurate forecasts, scientists also conduct something called ensemble models, which allow them to determine the accuracy and consistency of their prediction.
The European system also draws on more computing power, which enables the model to run on a finer grid, allowing higher resolution and better forecasts.
The partners develop mathematical models that produce improved forecasts accurate for each quarter - hour, which show how much electricity Germany's installed photovoltaic and wind - farm facilities will generate over the next few hours and days.
The group used the publicly available model, which can be used to forecast future weather, to «hindcast» the conditions that led to the Sept. 9 - 16, 2013 flooding around Boulder, Colorado.
Kuhn, from Germany's Alfred Wegener Institute, added, «This gives confidence in the predictions of the current generation of ice sheet models which are used to forecast future ice loss from Antarctica and resulting sea - level rise.»
In summary the projections of the IPCC — Met office models and all the impact studies (especially the Stern report) which derive from them are based on specifically structurally flawed and inherently useless models.They deserve no place in any serious discussion of future climate trends and represent an enormous waste of time and money.As a basis for public policy their forecasts are grossly in error and therefore worse than useless.For further discussion and an estimate of the coming cooling see http://climatesense-norpag.blogspot.com
The seasonal forecasting models used by centres globally, including the Met Office, now all suggest this El Niño will persist and strengthen over the northern hemisphere winter, which would make it one of the four strongest ever recorded.
Decadal forecasting, which began in 2007, uses the same climate models that are normally run to simulate changes across many decades, but only goes up to one decade out.
How many of the climate models which are used as predictors of future temperature (i.e. climate forecasting) have actually undergone a forecast audit (yes there is such a thing)?
While the new formula, which accounts for both temperature and salinity, can be used to forecast tropical cyclone intensity in real time, it can also be applied to the results of climate modeling to provide scientists with a framework to evaluate changes in future tropical cyclone activity.
Neither of these predictions rests on general circulation models, which came in during subsequent decades and made more detailed forecasts possible.
The team used experimental forecasting from NASA's Community Coordinated Modeling Center to figure out the path of the intruding CME, and realized that this particular ejection would also have washed over the Rosetta spacecraft, which was at the time orbiting comet 67P.
The median extent predicted by the models this year is 4.41 million square kilometers, which is slightly lower than last June's forecast of 4.
«Also, if the atmosphere isn't accumulating heat at the rate forecast by the models, then the theoretical positive climate feedbacks which were expected to amplify the CO2 effect won't be as large,» McNider said.
Extremely detailed matching model that is based on twenty nine key dimensions which forecast relationship success as well as examine ten areas important to your happiness as well as fulfilling a marriage.
The passenger rail component of the model will allow IADOT to forecast passenger rail ridership along potential corridors, which is essential in prioritizing rail corridor projects and to Iowa's vision of developing a passenger rail network.
a requirement that the metropolitan planning organization has the technical capacity to conduct the travel demand model and forecasting necessary, as appropriate to the size and resources of the metropolitan planning organization, to fulfill the requirements of this section, except that in cases in which a metropolitan planning organization has a formal agreement with a State to conduct the modeling on behalf of the metropolitan planning organization, the metropolitan planning organization shall be exempt from the technical capacity requirement.
a requirement that the metropolitan planning organization has the technical capacity to conduct the travel demand model and forecasting necessary, as appropriate based on the size and resources of the metropolitan planning organization, to fulfill the requirements of this section, except that in cases in which a metropolitan planning organization has a formal agreement with a State to conduct the modeling on behalf of the metropolitan planning organization, the metropolitan planning organization shall be exempt from the technical capacity requirement.
But, I want to know the model number and price of the Kindle device, which model will be the best for developing the weather forecasting project.
Readers who are more interested in the current forecasts of Model 5, which is also a very good model, merely need to cut these forecasts in Model 5, which is also a very good model, merely need to cut these forecasts in model, merely need to cut these forecasts in half.
Model 2, which uses a much longer period of past performance to forecast future performance, provides a significant improvement in accuracy over Model 1, as reflected by a much smaller MSE.
Model 6, which is fit to the full half - century data sample, provides the best forecast of expected return because, of course, it's hard to beat clairvoyance!
How do you account in your model for the findings of multiple researchers that, despite all the work undertaken by those forecasters, their forecasts are too optimistic (see, for example, Roy Batchelor's «Bias in macro economic forecasts,» McKinsey's «Equity Analysts Are Still Too Bullish» — be sure to check out Exhibit 2, which is absolute shocker — and more recently JP Morgan Asset Management's March 2013 chart in my post)?
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