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Showing 1 to 20 of 69 for “"Forecast Error"”.

  1. Characterization of the cost of forecast error in a complex supply chain

    The importance of forecast accuracy is increasing in the semiconductor industry due to two compounding factors. The complexity of the manufacturing process is increasing which causes manufacturing cycle times to increase as well. Further, the lifecycle of products is decreasing. Thus manufacturers …

    mit Repository record for Characterization of the cost of forecast error in a complex supply chain (opens in a new tab)

  2. Reducing the demand forecast error due to the bullwhip effect in the computer processor industry

    Intel's current demand-forecasting processes rely on customers' demand forecasts. Customers do not revise demand forecasts as demand decreases until the last minute. Intel's current demand models provide little guidance for judging customer orders when the market changes. As a result, during the …

    mit Repository record for Reducing the demand forecast error due to the bullwhip effect in the computer processor industry (opens in a new tab)

  3. Mitigating Impacts of High Wind Energy Penetration through Energy Storage and Demand Response

    … wind energy penetration coming from wind power forecast error. Wind power forecast error is handled by having more back-up energy and spilling the non-usable wind power. This research offers a way to use the grid-scale energy storage units to mitigate impacts of wind power forecast error by. A …

    vt Repository record for Mitigating Impacts of High Wind Energy Penetration through Energy Storage and Demand Response (opens in a new tab)

  4. The nature, causes and consequences of financial analysts’ forecasts in the UK

    … reasons and consequences of financial analysts’ forecasts in London Stock Exchange. The first empirical chapter examines the rationality and accuracy of financial analysts’ forecasts. Results show that analyst forecasts are overall optimistic, but not as extreme as the literature suggests. …

    middlesex Repository record for The nature, causes and consequences of financial analysts’ forecasts in the UK (opens in a new tab)

  5. Experiments in numerical forecasting of tropical storm movement

    … rapidly becoming the most accurate approach to forecasting tropical cyclones. The numerical model in this study utilizes the U.S. Navy Fleet Numerical Weather Facility's (FNWF) so-called decomposition (SR) fields to produce geostrophic steering currents for tropical storms and/or hurricanes and …

    nps Repository record for Experiments in numerical forecasting of tropical storm movement (opens in a new tab)

  6. The Limits of Analytics During Black Swan Events A Case Study of the Covid-19 Global Pandemic

    … provide their expected level of fidelity: their error can increase by several hundred percent. The modern economy is built on such analytical models, which are intended to provide useful results during routine conditions. All models eventually fail to provide the expected level of fidelity under …

    mit Repository record for The Limits of Analytics During Black Swan Events A Case Study of the Covid-19 Global Pandemic (opens in a new tab)

  7. Coordination of inventory distribution & price markdowns for clearance sales at Zara

    … assortment of goods available to the customer. Errors in inventory distribution and clearance pricing result in loss of potential revenue or excess inventory to be salvaged. In the case of Spanish-based retailer Zara, thirteen percent of annual revenues are attributed to clearance sales. To …

    mit Repository record for Coordination of inventory distribution & price markdowns for clearance sales at Zara (opens in a new tab)

  8. A diagnostic analysis of retail out-of-stocks

    … stock carried, the time between orders and the forecast error, providing insights to the effects of these three factors on the probability of OOS occurrences. The root causes of OOS are also examined in the thesis. We find that up to 34% of OOS can be attributed to forecast error while up to 22% …

    mit Repository record for A diagnostic analysis of retail out-of-stocks (opens in a new tab)

  9. An investigation into the association between accounting variables and stock market returns: the Mexican case

    … There is no relationship between the sign of the forecast error and the sign of the abnormal return. To test for cumulative abnormal returns, the next hypothesis was also tested. H : There is no relationship between the sign of the forecast error and the sign of the "cumulative" abnormal return. …

    vt Repository record for An investigation into the association between accounting variables and stock market returns: the Mexican case (opens in a new tab)

  10. The Use of Central Tendency Measures from an Operational Short Lead-time Hydrologic Ensemble Forecast System for Real-time Forecasts

    … to hydrologic prediction uncertainty is modeling error intro- duced by the measurement and prediction of precipitation. The research presented demon- strates the necessity for using probabilistic methods to quantify hydrologic forecast uncer- tainty due to the magnitude of precipitation errors. …

    vt Repository record for The Use of Central Tendency Measures from an Operational Short Lead-time Hydrologic Ensemble Forecast System for Real-time Forecasts (opens in a new tab)

  11. Properties and applications of a martingale hypothesis test

    … test exploits the lack of correlation between forecast error and the current information set. The test is designed to consider all alternatives, including linear and nonlinear relationships between the forecast error and a current information variable. When the current information variable is …

    mit Repository record for Properties and applications of a martingale hypothesis test (opens in a new tab)

  12. Sensitivity of model output statistics on the Lorenz system

    … using linear regression. The effect on the forecast error of lead time and parameter perturbation are investigated.

    mit Repository record for Sensitivity of model output statistics on the Lorenz system (opens in a new tab)

  13. Asymmetric Loss Functions and Combination of Forecasts with Applications in Equity Premium Prediction

    Combination of forecasts methods has arisen and emerged as a significant and best approach to produce the effective forecasts in average and to extract important and valuable information from the models rather than methods focused on selecting the best individual forecasts. The combination of …

    essex Repository record for Asymmetric Loss Functions and Combination of Forecasts with Applications in Equity Premium Prediction (opens in a new tab)

  14. Forecasting volatility in Canadian markets

    … data. Historical volatility is estimated then forecast to examine the comparative performance of various time series models in forecasting volatility. Statistically significant regressions were provided that showed that forecasts of volatility produced low forecast errors, comparable to those …

    concordia Repository record for Forecasting volatility in Canadian markets (opens in a new tab)

  15. Towards realisation of stable oil prices: an empirical analysis of the impact of OPEC's oil price band/stabilisation policies.

    … tests, impulse response functions (IRFs) and forecast error variance decompositions (FEVDs) were obtained from the VAR estimates to enable a critical analysis to be undertaken of the complex dynamics at play between OPEC and other key market players. The major contributions of the study are: …

    rgu Repository record for Towards realisation of stable oil prices: an empirical analysis of the impact of OPEC's oil price band/stabilisation policies. (opens in a new tab)

  16. The Currency Carry Trade and Subjective Expectations

    Using survey-based forecasts, we construct measures of subjective return expectations for the currency carry trade and uncover systematic forecast errors in both the exchange rate and interest rate components. The evidence on forecast error dynamics points towards extrapolative beliefs. In …

    penn Repository record for The Currency Carry Trade and Subjective Expectations (opens in a new tab)

  17. Time Series Analysis and Indicators of Economic Activity (Forecasting)

    … in identification of time series models and forecasting variables of interest are considered. A theoretical/empirical comparison of various information criteria of interest is provided and it is concluded that Hannan and Kavalieris criterion is the most appropriate criterion to be used for …

    uiuc Repository record for Time Series Analysis and Indicators of Economic Activity (Forecasting) (opens in a new tab)

  18. Size curve optimization for replenishment products

    Nike replenishment products (make to stock) are forecasted and planned at a style/color level and then disaggregated to a size level forecast through the use of a size curve. This method of forecasting and planning provides many advantages such as reduced effort expended on forecasting and the …

    mit Repository record for Size curve optimization for replenishment products (opens in a new tab)

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