forecasting


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fore·cast

 (fôr′kăst′)
tr.v. fore·cast or fore·cast·ed, fore·cast·ing, fore·casts
1. To estimate or predict in advance, especially to predict (weather conditions) by analysis of meteorological data. See Synonyms at predict.
2. To serve as an advance indication of; foreshadow: price increases that forecast inflation.
n.
A prediction, as of coming events or conditions: The weather forecast stated that it would rain.

[Middle English forecasten, to plan beforehand : fore-, fore- + casten, to throw, calculate, prepare; see cast.]

fore·cast′a·ble adj.
fore′cast′er n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.forecasting - a statement made about the future
statement - a message that is stated or declared; a communication (oral or written) setting forth particulars or facts etc; "according to his statement he was in London on that day"
extropy - the prediction that human intelligence and technology will enable life to expand in an orderly way throughout the entire universe
fortunetelling - the practice of predicting people's futures (usually for payment)
horoscope - a prediction of someone's future based on the relative positions of the planets
meteorology, weather forecasting - predicting what the weather will be
forecast, prognosis - a prediction about how something (as the weather) will develop
divination, prophecy - a prediction uttered under divine inspiration
References in classic literature ?
And as to forecasting Dag Daughtry's fate, along with Kwaque, no maddest drug-dream could have approximated it.
There was no forecasting this strange girl's processes.
Amazon uses forecasting to make sure that the right product is in the right place at the right time by predicting demand for hundreds of millions of products every day.
Data and text mining have great potential if one considers forecasting to be more than traditional methods based on time series data, extending the forecast concept to predictive analytics.
However, Neri said in his 20-year career, he found 2018 to be the 'toughest' year in forecasting monthly and annual inflation rates.
A great leap forward was made when supercomputers were introduced to the forecasting community in the 1950s.
KRISHNAMURTI, "Improvements in hurricane intensity forecasts from a multimodel superensemble utilizing a generalized neural network technique," in the June issue of Weather and Forecasting.
Presently, there are 226 flood forecasting stations consisting of 166 level forecasting stations for villages and towns and 60 inflow forecasting stations for reservoirs/dams/barrages in the country.
However, I've recently had a couple of conversations about companies that are experimenting with partially outsourcing their demand forecasting processes to external consultants.
(1) Forecasting revenues is no different; research shows that the strongest predictor of improved forecasting performance is a deliberate, committed practice +of self-improvement, including updating the forecaster's personal assumptions and belief system about forecasting as a result of experienced (2)
It has already been applied on flood forecasting and early warning of flood with successful results.
(1) The Institute began forecasting the aggregate Euro Area in 1998, consequently the comparison here begins in 2000.