There is, however, also reason for caution when setting up forecast competitions. In some cases, we have been forced to choose between the forecast getting us the best score for the selected forecast accuracy metric or presenting the forecast that we know would be the best fit for its intende...
The success of financial planning largely depends on the accuracy of the data used. Ensure that the data used is up-to-date and accurately reflects the organization’s financial status. Advanced FinOps tools that leverage AI/ML analysis can help improve forecast accuracy and perform deeper analysis...
One such feature is the volumetric wear parameter, which can also be used to analyze shape change of forging tools in order to forecast their wear process. This parameter is used in medicine, among other fields. For example, in works [3,32,33], the authors present the application of a ...
Moreover, the effect of these practices upon firm financial performance varies with the industrial sector in which they are observed. Thus, it is unlikely that there will be a single set of Best Practices for open innovation that would be equally effective across all sectors in the economy. ...
[264,265]. Self-report measures are reliable since they provide accuracy and temporal stability, they are valid for community surveys and cross-cultural comparisons, and they can capture happiness as life-as-a-whole, as well as domain satisfactions [266,267,268,269]. Examples of self-reported...
The effectiveness of the definition of inventory accuracy primarily used by practitioners is investigated under both lot-for-lot and fixed-order-quantity policies. Frequency of error, the most commonly measured aspect, is found to be less than sufficient for controlling the percentage of late units ...
Industrial waste is the byproduct of many industrial processes. Estimating the recycling potential of industrial waste can help solve the anthropogenic circularity conundrum. Here we employed the Environmental Kuznets Curve (EKC) to verify GDP as a route
When a patient is undergoing continuous ICP monitoring, however, health care personnel have few tools available to assess the accuracy of the ICP measurement. Often the control is limited to some form of visual inspection of a snapshot of a processed signal, or in the case of CSF drain, the...
However, renewable generation has introduced strong weather dependence on the demand forecast error and uncertainties in PV forecasts are causing the unexplained demand-supply residual to increase. Demand forecast errors must be accommodated for indirectly in backup and reserve power production capacity ...
[264,265]. Self-report measures are reliable since they provide accuracy and temporal stability, they are valid for community surveys and cross-cultural comparisons, and they can capture happiness as life-as-a-whole, as well as domain satisfactions [266,267,268,269]. Examples of self-reported...