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One of the factors affecting the success or otherwise of the procurement process is the quality of its financial management. In many cases, particularly in the early stages of a project, this is dependent on the accuracy of forecasts of future costs. For risk management purposes, what is most...
Persistent link: https://www.econbiz.de/10009437537
Forecasting category or industry sales is a vital component of a company’s planning and control activities. Sales for … varying model significantly outperformed previous models both in terms of fitting and forecasting the sales data. …
Persistent link: https://www.econbiz.de/10009437593
Numerous econometric models have been proposed for forecasting property market performance, but limited success has …
Persistent link: https://www.econbiz.de/10009437836
In many product categories of durable goods such as TV, PC, and DVD player, the largest component of sales is generated by consumers replacing existing units. Aggregate sales models proposed by diffusion of innovation researchers for the replacement component of sales have incorporated several...
Persistent link: https://www.econbiz.de/10009438070
in stock forecasting. Neural networks are viewed as one of the more suitable techniques. In this study, an experiment on … the forecasting of the Stock Exchange of Thailand (SET) was conducted by using feedforward backpropagation neural networks … neural network models in the forecasting of SET. Several global and local factors influencing the Thai stock market were used …
Persistent link: https://www.econbiz.de/10009440856
forecasting methods employ cumulative production volume instead of time as the crucial explanatory variable, following Wright … work goes beyond identifying the most relevant factors in cost innovation. Our goal is to provide practical forecasting … information technology, Technological Forecasting & Social Change, 73 (2006) 1061-1083. H. Koh, C.L. Magee, A functional approach …
Persistent link: https://www.econbiz.de/10009476085
) power flows. The first method involving neural network load forecasting and simultaneous equations can only be applied to … Queensland electricity network with an error of approximately 5%. The second method of forecasting the cutset flows directly from … 10% MAE. Results indicate that the cutset flow forecasting tool is accurate, robust and adaptable to suit the …
Persistent link: https://www.econbiz.de/10009448049