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Random variations in the datatoo ... may createforecasting errors
I enjoy the analysis areas where you see a different way of looking at the data which illimunates an issue - eg analysing risk and cont budgets compared to labour costs - Often majorly out of synccreatesforecasting errors
forecasters ’ assumptions , which turned out not to be accurate(passive) are most caused byForecasting errors
two simple reality checks to helppreventforecast error
errors ... assumptionleadsto forecasting error
a recession and to occur in smaller states that rely heavily on revenues from only a few sectors of the economy or specific revenue instruments(passive) to be caused byForecasting errors
unexpected shocks to supply or to demand(passive) are caused byforecasting errors
solar effects(passive) caused byforecasting errors
us in appropriate circumstances(passive) caused byforecasting errors
seasonal fluctuationsmay causeforecasting errors
Panel estimation techniques that fail to consider both heterogeneity and cross - sectional dependence across countriesmay causeforecasting errors
subjective means by estimates from informal sources or forecasts(passive) can be created byerror forecasts
An error in assumptionsmay resultin forecasting error
stochasticity in drought behaviours(passive) caused byforecast error
revenue punctuations in government revenue collections(passive) caused byforecasting errors
any variation in the output in unitswill causeforecasting errors
Bias which is somethingcan preventforecasting errors
Spreadsheetscauseforecasting errors
within 1 day ITCZ regime , forecast T error , July 1998 Total tendency Advective tendency Physics tendency --- Control--- Neale + Richter--- Zhang--- Wu ITCZ regime(passive) is setforecast error
the various modelsleadto forecasting error
external or unpredictable events(passive) caused byforecasting errors
a “ software glitch ” ( not those September or October pricing glitchescausinga forecasting error
the Fiscal Framework(passive) set byforecast error
culture(passive) caused byforecasting errors
high uncertainty as much as possible(passive) caused byforecasting errors
the Bank 's economic models ... unableto preventforecasting errors
bullwhip effects(passive) caused byforecasting errors
non - linearitiesleadto forecasting error
Some factorsleadingto forecasting error
the expansion of wind power and photovoltaics(passive) caused byforecasting errors
a mistake ... the Perdue Administrationcauseda forecasting error
In weekend , the load mode is more diverse and complex ,leadsto the forecasting error
the holiday of Chinese New Year(passive) caused bythe forecasting error
either in too little or too much inventorycan resulteither in too little or too much inventory
in excess merchandise or out - of - stocks and missed opportunity Winning At Retailcan resultin excess merchandise or out - of - stocks and missed opportunity Winning At Retail
from “ Inappropriate Monetary Policy ” | Historinhas ← Time for “ liftoffresultfrom “ Inappropriate Monetary Policy ” | Historinhas ← Time for “ liftoff
in a material 2015 budget imbalance ... and ... as we showed in last week ’s notewill ... resultin a material 2015 budget imbalance ... and ... as we showed in last week ’s note
the actual supply of reserve balances to deviate from the intended level and ... hencewill leadthe actual supply of reserve balances to deviate from the intended level and ... hence
2.2.3.2 Overproduction(passive) Caused by2.2.3.2 Overproduction
a mathematic expectation of the power shortage(passive) caused bya mathematic expectation of the power shortage
when the aggregation level of the time series ( months , weeks , etc . ) is either too fine or too coarse for the data to be forecastcan resultwhen the aggregation level of the time series ( months , weeks , etc . ) is either too fine or too coarse for the data to be forecast
to poor investment decisionscan leadto poor investment decisions
to unbalanced supply - demand , which adversely affects the operational cost , reliability and efficiencyleadto unbalanced supply - demand , which adversely affects the operational cost , reliability and efficiency
significantlymay ... influencesignificantly
thuscan ... leadthus
in cash flow challengesalso resultsin cash flow challenges
from incorrect assumptions in models and/or inability / unwillingness to obtain good dataresultingfrom incorrect assumptions in models and/or inability / unwillingness to obtain good data
in suboptimal decisionsresultin suboptimal decisions
in concerns about stock prices and regulatory issuescan even resultin concerns about stock prices and regulatory issues
to unbalanced supply - demand relations , which have a negative impact on the operational costs and , more importantlyleadto unbalanced supply - demand relations , which have a negative impact on the operational costs and , more importantly
to choices that make the self and others worse offmay leadto choices that make the self and others worse off
serious headachecreateserious headache
serious headachescreateserious headaches
in excess inventory , which may lead to markdowns and inventory valuation adjustmentsmay resultin excess inventory , which may lead to markdowns and inventory valuation adjustments
to substantially increased costscan leadto substantially increased costs
to policy mistakes which , in turn , contributed to the collapse of thousands of businesses in 1990have ledto policy mistakes which , in turn , contributed to the collapse of thousands of businesses in 1990
in lossesresultsin losses
to huge amounts of money being lost due to incorrect funding decisionscan leadto huge amounts of money being lost due to incorrect funding decisions
from a little disturbance in the mid levels that reinforced the cool side of the front with showersresultedfrom a little disturbance in the mid levels that reinforced the cool side of the front with showers
non - stationary problem where the two control both to stockouts occurring with unsatisfied parameters change from period to periodleadnon - stationary problem where the two control both to stockouts occurring with unsatisfied parameters change from period to period
in overstocks or inventory shortfalls ( Welborn & Kasten , 2007resultin overstocks or inventory shortfalls ( Welborn & Kasten , 2007
some to turn out to be higher or lower than the actual impact of the lawwould leadsome to turn out to be higher or lower than the actual impact of the law
to higher inventory level Moving towards an enterprise - wide toolwere leadingto higher inventory level Moving towards an enterprise - wide tool
in excess merchandise or out - of - stock products and missed opportunitiescan resultin excess merchandise or out - of - stock products and missed opportunities
to a large increase in the number of untrained teachersleadingto a large increase in the number of untrained teachers
to reduced inventoryleadingto reduced inventory
to significant deviations from actual results and represent significant operational costscan leadto significant deviations from actual results and represent significant operational costs
variability in the supply chainthus causingvariability in the supply chain
to notice(passive) are caused byto notice
to a wrong a decisionledto a wrong a decision
to higher inventory levels Catherine Clark , Director of IT , Corning Incorporated Laura Knapp , Supply Chain Project Manager , Corning Incorporated Tushar Bhalla , Chief Architect , Intrigo Systemsledto higher inventory levels Catherine Clark , Director of IT , Corning Incorporated Laura Knapp , Supply Chain Project Manager , Corning Incorporated Tushar Bhalla , Chief Architect , Intrigo Systems
to underestimated demand planninghad ledto underestimated demand planning
more purchasing electricity cost or breaking - contact penalty cost to keep the electricity supply and consumption balancecausesmore purchasing electricity cost or breaking - contact penalty cost to keep the electricity supply and consumption balance