PPT-Forecasting

Municipal Revenue William Michael Rodgers CPA Director of Finance City of Webster Texas June 2015 TML Revenue Workshop 1 June 2015 TML Revenue Workshop 2 Its tough to make predictions especially about the future. Introduction to Time Series Analysis. A . time-series. is a set of observations on a quantitative variable collected over time.. Examples. Dow Jones Industrial Averages. Historical data on sales, inventory, customer counts, interest rates, costs, etc. A forecast is a prediction or estimation of future situation. It is an objective assessment of future course of action. Since future is uncertain, no forecast can be per cent correct. Forecasts can be both physical as well as financial in nature. The more realistic the forecasts, the more effective decisions can be taken for tomorrow.. & Budgeting. 2. Sales Forecast. It is estimate of a company’s sale for a specified future period.. Sales forecasting provides the starting point for assumptions used in various planning activities.. Marketing service management. Lecture 1 = market demand and forecasting.. Marketing service management. What are we going to look at today. Aim. To review the role of market demand and forecasting.. Market demand and forecasting. and humanitarian response. . L. essons . from Nepal. THE SCIENCE OF . AFTERSHOCK FORECASTING. Earthquakes can’t be predicted. However, aftershocks follow robust seismological . ‘laws’. Probability . 1. Why Firms Forecast XRs. Hedging decisions. Hedging payables and receivables. Short-term financing decisions. Which currency to borrow in. Low rate, weakening currency. 2. Why Firms Forecast XRs. Short-term investment decisions. Meaning and . techniques. Deepali. Hiremath. Assistant Professor. Meaning of environmental forecasting. Forecasting is a way of . estimating the future events that have a major impact on the enterprise.. USDA Foods. The importance of forecasting to the supply chain and cost effective procurement. Existing tools for forecasting. Promoting good supply chain management, procurement and forecasting. In this Training. Demand Forecasting. ACWA Fall Conference 2016 . November 30, 2016. Finance Program - Forecasting Water Demand. Ken Weinberg. Ken Weinberg Water Resources Consulting LLC. Demand Forecasting is the Foundation. Pravin. Kumar . Agrawal. Assistant Professor. Department of Business Management. CSJMU. Why Firm Forecast Exchange rates. MNCs need exchange rate forecasts for their:. Hedging Decisions: if the exchange rate remain stable then they will not hedge. LO18–2: Evaluate demand using quantitative forecasting models.. LO18–3: Apply qualitative techniques to forecast demand.. LO18–4: Apply collaborative techniques to forecast demand.. McGraw-Hill/Irwin. Özlem. . Akçay. Kasapoğlu. ,. Associate. . Professor. . Istanbul University. . Faculty. of . Business. . Operations. . Management. . Department. ozlemak. @. istanbul. .edu.tr. Abstract. Forecasting is one of the first steps in... A hybrid dynamic microsimulation approach. IMA Conference Dec ‘20. We have a strong track record in microsimulation. Recent developments:. AnyLogic Translation. Move to INFORM2. Working Age Modelling & Forecasting. - . Better forecasting for rising or falling demand. - Coping with seasonal demand. - Alternative techniques. Figure 13.1 Forecasting Trend. Figure 13.2 Double exponential model. Y=. bx. + d. b. a. Time Periods x.