Forecasting definition
Forecasting means the action of Seller in preparing and submitting the Forecasts to SCE.
Forecasting means the projection of likely future electricity generation based on scientific analysis of meteorological data and other relevant parameters;
Forecasting means the action of Seller in preparing and submitting the Forecasts to Anaheim.
Examples of Forecasting in a sentence
The budget will be approved by the Property finance team in the same way as the regular yearly budget, as described in section 10: Budgeting, Forecasting and Accruals.
Claims Trend Forecasting: We analyze historical claims data to predict future costs and recommend budget allocations accordingly.
The physical architecture plan will be in accordance with Forecasting and Planning requirements in Article IV.
More Definitions of Forecasting
Forecasting means the action of Seller in preparing and submitting Forecasts to SCE.
Forecasting. The Customer is expected to provide updated Consumables forecasts, on a quarterly basis, for the following three (3) and six (6) month periods, for all Consumables.
Forecasting means the action of Seller in preparing and submitting the Energy Forecast(s) to SCE in accordance with Exhibit D.
Forecasting means the action of Seller in preparing and submitting the energy Forecast(s) to Buyer in accordance with Exhibit D.
Forecasting means the projection of likely future electricity generation based on
Forecasting has the meaning set forth on Section 3.1.
Forecasting means future prediction. It is quite essential to be able to predict futuristic developments not only in the planning process but also while designing tourism products and services. A plan is worked out, based on certain assumptions. These assumptions are assumed on the basis of forecasting. Especially in marketing, to design a marketing plan accurate forecasting is very crucial. The forecast may predict certain behaviour of customers or specific moves planned by competitors. One has to also consider the policies of government or general socio- economic, legal or environmental developments which lead to peculiar trends. For example, the number of people travelling in specific destinations will change according to certain seasonality. If we consider social seasonality, we know that more people are going to travel during vacation period. If we take into account climatic seasonality we know that in summer people from hot plains will want to escape to hill stations to enjoy cooler air.