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Tytuł:
Application of modern portfolio theory to the Russian state bond market
Autorzy:
Pervozvanskij, A.
Barinov, V.
Kozlova, O.
Powiązania:
https://bibliotekanauki.pl/articles/206658.pdf
Data publikacji:
1999
Wydawca:
Polska Akademia Nauk. Instytut Badań Systemowych PAN
Tematy:
optymalizacja
teoria decyzji
forecasting
forecasting errors
forecasting theory
investment
portfolio optimization
Russian state bond market
statistical indices
time series
Opis:
The behaviour of the Russian state bond market is analyzed. Attention is mainly paid to short-term fluctuations and efficiency of short-term investments. Analysis of return time series has shown that there exists a significant autocorrelation, and that distribution of random fluctuations is non-Gaussian. It predetermines a choice of forecasting schemes. The most efficient ones appear to be non-linear. The efficiency was checked not only by the traditional statistical indices by direct numerical experiments where various types of predictors were used as basic elements of decision rules. The decision algorithms have included the solution to the modified optimal portfolio problem where the forecasts were used as expected returns and the covariance matrix was estimated via forecasting errors.
Źródło:
Control and Cybernetics; 1999, 28, 4; 799-810
0324-8569
Pojawia się w:
Control and Cybernetics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Metody budowy długoterminowych prognoz przedziałowych rozwoju nowych zjawisk
The selected aspects of constructing long-term interval forecasts for the development of new phenomena
Autorzy:
Wójciak, Mirosław
Powiązania:
https://bibliotekanauki.pl/articles/590264.pdf
Data publikacji:
2013
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Metody prognozowania
Nowe technologie
Prognozowanie
Prognozowanie zjawisk ekonomiczno-społecznych
Economic and social phenomenon forecasting
Forecasting
Forecasting methods
High-tech
Opis:
With regard to a long horizon of the forecasts built, among others, for the needs of foresight deep changes should be expected in the area of the considered phenomenon. In this connection, the variability of the surrounding, i.e., economic, political, legal, social and technological situation as well as the natural environment should be taken into account in the process of creating a long-term forecast. This problem can be partially solved by means of constructing variant forecasts that take into consideration the adopted scenarios of the surrounding development. However, in such a case, we obtain merely point forecasts that, from the point of view of the construction of development scenarios, may be insufficient. The analysis should be enriched by means of forecast intervals, which would take into account the changes in the development of the considered phenomenon with regard to the change in the level of key factors. The purpose of the article is the presentation of the way to build long-term point forecasts that would take into consideration the changes in the surrounding of the analysed phenomenon. The author compares the intervals of forecasts obtained by means of standard forecast uncertainty, key factors aggregation and simulation analysis.
Źródło:
Studia Ekonomiczne; 2013, 124; 99-113
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wybrane metody klasyfikacyjne oraz ich efektywność w prognozowaniu upadłości firm
Selected Classification Methods and their Effectiveness in Firms Collapsing Prediction
Autorzy:
Pociecha, Józef
Powiązania:
https://bibliotekanauki.pl/articles/593066.pdf
Data publikacji:
2013
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Metody klasyfikacyjne
Prognozowanie
Prognozowanie upadłości przedsiębiorstwa
Classification methods
Enterprises bankruptcy forecasting
Forecasting
Opis:
Classification methods are recognised as useful tool for bankruptcy prediction. Among them the most popular are: linear discriminant function, Logit model, neural network and classification tree. The ideas and basic formulas of these methods are presented in the paper. Some examples of application those procedures, which were published in world and Polish literature, are mentioned in the following parts of the paper. Some effectiveness conditions of presented methods are discussed. In the conclusion it has been stressed, that the precision of bankruptcy prediction not strictly depend on classification method which has been used. Sources of errors in bankruptcy prediction has been discussed on the end of the paper. Among them important are: valuated character of financial ratios, as an impute variables in such models, problems in samples selection, which usually hasn't random character and unstable character of considered populations. Probability of firms' collapse strongly depends on the stage of business cycle.
Źródło:
Studia Ekonomiczne; 2013, 152; 119-139
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Hierarchical Sales Forecasting System for Apparel Companies and Supply Chains
Hierarchiczny system prognozowania sprzedaży dla firm odzieżowych i łańcuchów dostaw
Autorzy:
Lenort, R.
Besta, P.
Powiązania:
https://bibliotekanauki.pl/articles/232705.pdf
Data publikacji:
2013
Wydawca:
Sieć Badawcza Łukasiewicz - Instytut Biopolimerów i Włókien Chemicznych
Tematy:
apparel company
hierarchical forecasting
sales forecasting
top-down approach
forecasting system
firma odzieżowa
hierarchiczna prognozowanie
prognozowanie sprzedaży
podejście odgórne
system prognozowania
Opis:
The typical problems facing with apparel companies and supply chains are forecasting errors, because fashion markets are volatile and difficult to predict. For that reason, the ability to develop accurate sales forecasts is critical in the industry. There are several research studies related to forecasting apparel goods, but very often only for one level. However, apparel companies and supply chains deal with a number of levels at which the forecasts could exist and require consistent forecasts at all of them. The paper presents a hierarchical middle-term forecasting system designed for this purpose on the basis of a literature review. The system is built by the top-down forecasting approach and verified by means of a case study in a particular apparel company. The weaknesses of the system are identified during discussion of the results acquired. A generalised concept of the ANN forecasting model is designed for elimination these weaknesses.
Rynki mody są niestabilne i trudne do przewidzenia, dlatego typowym problemem, z którym muszą się uporać firmy odzieżowe dla konstrukcji odpowiednich łańcuchów dostaw to przewidywanie błędów. Z tego powodu, możliwość opracowania dokładnej prognozy sprzedaży jest bardzo istotna w przemyśle. Istnieje wiele badań naukowych dotyczących prognozowania dla towarów odzieżowych, ale bardzo często dotyczą tylko jednego poziomu. Jednak firmy odzieżowe i łańcuchy dostaw mają do czynienia z dużą liczbą poziomów i wymagają spójnych prognoz na wszystkie z nich. Przedstawiono hierarchiczny system średnioterminowego prognozowania przeznaczony do tego celu. System zbudowano przez odgórne podejście prognozowania i zweryfikowano poprzez studium przypadku w danej firmie odzieżowej. Słabości systemu zostały określone podczas dyskusji uzyskanych wyników. Uogólnione pojęcie modelu prognozowania przeznaczone jest do eliminacji słabości.
Źródło:
Fibres & Textiles in Eastern Europe; 2013, 6 (102); 7-11
1230-3666
2300-7354
Pojawia się w:
Fibres & Textiles in Eastern Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Prognozowanie wypłat z bankomatów
Forecasting Withdrawals from ATMs
Autorzy:
Gurgul, Henryk
Suder, Marcin
Powiązania:
https://bibliotekanauki.pl/articles/543001.pdf
Data publikacji:
2015
Wydawca:
Główny Urząd Statystyczny
Tematy:
Forecasting
Cash machine
Time-series
Forecasting models
Prognozowanie
Bankomaty
Szeregi czasowe
Modele prognostyczne
Opis:
Celem artykułu jest porównanie jakości prognoz zarówno ex post, jak i ex ante dotyczących zapotrzebowania na gotówkę w bankomatach, przy wykorzystaniu różnych metod prognozowania na podstawie szeregów czasowych wypłat. (fragment tekstu)
The authors explain links between strategy of replenishment of ATMs and costs of ATMs holders. Cost minimalization depends on accuracy of forecasts of withdrawals from ATMs. In the paper the several forecasting methods of withdrawals from ATMs in Euronet network installed in Małopolskie and Podkarpackie voivodships are applied. The used forecasting models are compared based on quality of ex post and ex ante forecasts. The model used in forecasting process depends on many factors e.g. location of ATM or calendar effects. The importance and role of these factors are analyzed in the paper. The authors supplied evidence, that suggested forecasts based on weighted averages are more accurate than forecasts based on methods applied by other authors. (original abstract)
Źródło:
Wiadomości Statystyczne. The Polish Statistician; 2015, 8; 25-48
0043-518X
Pojawia się w:
Wiadomości Statystyczne. The Polish Statistician
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Forecast value added (FVA) analysis as a means to improve the efficiency of a forecasting process
Autorzy:
Chybalski, F.
Powiązania:
https://bibliotekanauki.pl/articles/406585.pdf
Data publikacji:
2017
Wydawca:
Politechnika Wrocławska. Oficyna Wydawnicza Politechniki Wrocławskiej
Tematy:
forecasting
praxeology
efficiency
forecasting added value
FVA
prognozowanie
prakseologia
wydajność
prognozowanie wartości dodanej
Opis:
A praxeological approach has been proposed in order to improve a forecasting process through the employment of the forecast value added (FVA) analysis. This may be interpreted as a manifestation of lean management in forecasting. The author discusses the concepts of the effectiveness and efficiency of forecasting. The former, defined in the praxeology as the degree to which goals are achieved, refers to the accuracy of forecasts. The latter reflects the relation between the benefits accruing from the re-sults of forecasting and the costs incurred in this process. Since measuring the benefits accruing from a forecasting is very difficult, a simplification according to which this benefit is a function of the fore-cast accuracy is proposed. This enables evaluating the efficiency of the forecasting process. Since im-proving this process may consist of either reducing forecast error or decreasing costs, FVA analysis, which expresses the concept of lean management, may be applied to reduce the waste accompanying forecasting.
Źródło:
Operations Research and Decisions; 2017, 27, 1; 5-19
2081-8858
2391-6060
Pojawia się w:
Operations Research and Decisions
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Cross-sectoral comparison of the effect of sales planning practices on manufacturing strategy in supply chains
Autorzy:
Szozda, N.
Świerczek, A.
Powiązania:
https://bibliotekanauki.pl/articles/343823.pdf
Data publikacji:
2011
Wydawca:
Akademia Górniczo-Hutnicza im. Stanisława Staszica w Krakowie. Wydawnictwo AGH
Tematy:
forecasting
production systems
manufacturing companies
Opis:
The goal of the paper is to make a cross-industrial comparison of the effect of sales planning practices on different types of manufacturing strategies applied in 343 producing companies operating in European, Asian and African supply chains. In order to achieve an empirical aim a necessary methodology and statistical analyses have been employed. In the result of the analysis multiple regression models have been developed for specific manufacturing strategies in supply chains operating in different industries worldwide. It enabled to make cross-sectoral comparisons of the contribution to variance in manufacturing strategy.
Źródło:
Total Logistic Management; 2011, 4; 131-145
1689-5959
Pojawia się w:
Total Logistic Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Forecast accuracy and similarities in the development of mean transaction prices on Polish residential markets
Autorzy:
Dittmann, Iwona
Powiązania:
https://bibliotekanauki.pl/articles/425120.pdf
Data publikacji:
2013
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
shape similarity
forecasting
residential market
Opis:
This article presents the results of a study concerning the forecasting of mean transaction prices per 1 m2 in eight residential markets in Poland. The first research problem was an attempt to study the dependencies between the similarity of price development between these markets and the values of the errors of price forecasts that were constructed based on this similarity. The analysis showed a lack of a negative linear relationship. This means that a greater similarity in price development in different markets did not allow for the construction of forecasts with a smaller error. The second research problem was a construction of global mean price forecasts. The results showed that the proposed method of constructing global forecasts was, compared to the traditional one, better in the case of some markets, and worse for others.
Źródło:
Econometrics. Ekonometria. Advances in Applied Data Analytics; 2013, 1(39); 121-132
1507-3866
Pojawia się w:
Econometrics. Ekonometria. Advances in Applied Data Analytics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Predictive modeling and analysis of changes migrations in Poland
Autorzy:
Monika Nawrocka, Monika Nawrocka
Powiązania:
https://bibliotekanauki.pl/articles/1179772.pdf
Data publikacji:
2017
Wydawca:
Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
Tematy:
dynamics migration
exponential smoothing
forecasting
Opis:
The development of the research in economy has shown that conducting mathematical modeling and statistics is an effective instrument for diagnosing the progress phenomenon of socio-economic. It provides the information about the dynamics of result changeability in different periods of time. Additionally statistical analysis allows determining the prediction for periods of future and past years. Migrations is characterized by the quality of being measurable because it includes quantitative data. In recent years, demonstrate high dynamics. Conducting the analyses and calculations based on methods and statistical instruments will result in the opportunity to compare, group, analysis variables, specify trends and designate the diagnoses of achieved sports results with the implementation of the optimum vector of variables of independent variable of migrations. An analysis of the dynamics migration variability was carried out on the basis of data from the website of the main statistical office, in this article. Used the statistical methods and the testing of interdependencies. Additionally, the models of time series have been used for the sake of the analysis. The most significant aim of the analysis of the dynamics is the designation of predictions. The use of the model of time series has the task of the specification of the change of the phenomenon level in time.
Źródło:
World Scientific News; 2017, 72; 467-481
2392-2192
Pojawia się w:
World Scientific News
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Macroeconomic forecasting in Poland: The role of forecasting competitions
Autorzy:
Rybacki, Jakub
Powiązania:
https://bibliotekanauki.pl/articles/1356464.pdf
Data publikacji:
2020-09-10
Wydawca:
Uniwersytet Warszawski. Wydział Nauk Ekonomicznych
Tematy:
forecasting
strategic behaviour
incentives
Parkiet
Opis:
Macroeconomic forecasters are often believed to idealistically work on improving the accuracy of their estimates based on for example the Root Mean Squared Error (RMSE). Unfortunately, reality is far more complex. Forecasters are not awarded equally for each of their estimates. They have their targets of acquiring publicity or to earn prestige. This article aims to study the results of Parkiet's competitions of macroeconomic forecasting during 2015–2019. Based on a logit model, we analyse whether more accurate forecasting of some selected macroeconomic variables (e.g. inflation) increases the chances of winning the competition by a greater degree comparing to the others. Our research shows that among macroeconomic variables three groups have a significant impact on the final score: inflation (CPI and core inflation), the labour market (employment in the enterprise sector and unemployment rate) and financial market indicators (EUR/PLN and 10-year government bond yields). Each group is characterised by a low disagreement between forecasters. In the case of inflation, we found evidence that some forecasters put a greater effort to score the top place. There is no evidence that forecasters are trying to somehow exploit the contest.
Źródło:
Central European Economic Journal; 2020, 7, 54; 1 - 11
2543-6821
Pojawia się w:
Central European Economic Journal
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Activities of Institutions Supporting the Family of a Child with Disabilities: Selected Areas of Forecasting and Standardization
Autorzy:
Grzyb, Barbara
Morgała, Monika Bożena
Powiązania:
https://bibliotekanauki.pl/articles/1931904.pdf
Data publikacji:
2021-06-30
Wydawca:
Wydawnictwo Adam Marszałek
Tematy:
family
disability
support
aid
forecasting
Opis:
The article discusses institutions providing support and aid to people with disabilities and their families. The theoretical determinants of the aid process were discussed in the context of the possible forecasting of strategies for these interactions within the functioning of public, non-governmental and private institutions (without budgetary subsidies). The important area highlighted in the paper was not only disability and the family’s needs but also the nature of a possible support which should depend on a forecast of actions resulting out of the nature and grade of person’s disability. In turn, the scope of proposed solutions should comprise of a package of offers dependent on the grade and nature of person’s disability and should lead to their life and economic independence. However, this requires a tripartite social dialogue, good will, and understanding of each person requiring a long-term support and aid. This article ends with a short conclusion highlighting the need for immediate actions for starting a social dialogue in order to establish a tri-sectoral aid, and within its scope, a reasonable forecast of the needs of the child with disabilities.
Źródło:
Kultura i Edukacja; 2021, 2(132); 62-79
1230-266X
Pojawia się w:
Kultura i Edukacja
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The forecasting of tornado events: the synoptic background of two different tornado case studies
Autorzy:
Wrona, B.
Avotniece, Z.
Powiązania:
https://bibliotekanauki.pl/articles/108603.pdf
Data publikacji:
2015
Wydawca:
Instytut Meteorologii i Gospodarki Wodnej - Państwowy Instytut Badawczy
Tematy:
tornado
synoptic background
forecasting
nowcasting
Opis:
The synoptic analyses of two different tornado cases, observed in Latvia and Poland in the summer of 2012, are examined in this paper. The first of them, the tornado in Latvia seemed to be a “textbook example” of tornado occurrence. Its development took place in the contact zone of the warm, tropical air, characterized by a very high CAPE (Convective Available Potential Energy), with cold and moist polar marine air mass behind the convergence line that determined very good conditions for convective updraft. Additionally, the moderate environmental wind shear favoured the sufficient condition for concentrating the atmosphere’s vorticity into well-organized strong rotating upward motions that produced the supercell structures and tornado. Thus, from the forecaster’s point of view, the occurrence of this severe convective event was not a surprise. This phenomenon was predicted correctly more than a dozen hours before the tornado occurred. The second event occurred in the north of Poland and was associated with a thunderstorm where a supercell was formed in conditions of low CAPE but favourable wind profile, both vertical and horizontal. Helical environments (characterized by large shear vectors that veered with height in the lowest three kilometres, especially the nearest one kilometre) were arguably the most important factor that determined the Polish tornado’s occurrence. In this case the analysis of the synoptic situation was not so clear and the superficial analysis, even post factum, regarding radar, satellite or detection maps might have suggested “quite a normal” summer thunderstorm. However, the detailed examination showed the reasons why tornado genesis took place. The potential conditions for the occurrence of this severe phenomenon were indicated by forecasters, although the forecasts were less exact with regard to the place of occurrence and the heaviness of the strike.
Źródło:
Meteorology Hydrology and Water Management. Research and Operational Applications; 2015, 3, 1; 51-58
2299-3835
2353-5652
Pojawia się w:
Meteorology Hydrology and Water Management. Research and Operational Applications
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Air Quality Assessment and Forecasting Using Neural Network Model
Autorzy:
Hamdan, Mohammad A.
Ata, Mohammad F. Bani
Sakhrieh, Ahmad H.
Powiązania:
https://bibliotekanauki.pl/articles/1838288.pdf
Data publikacji:
2021
Wydawca:
Polskie Towarzystwo Inżynierii Ekologicznej
Tematy:
air pollutant
ANN
MATLAB
forecasting
Opis:
Air pollution is a major obstacle faced by all countries which impacts the environment, public health, socioeconomics, and agriculture. In this study, the air pollutants in the city of Amman were presented and analyzed. Nonlinear Autoregressive Exogenous (NARX) model was used to forecast the daily average levels of pollutants in Amman, Jordan. The model was built using the MATLAB software. The model utilized a Marquardt-Levenberg learning algorithm. Its performance was presented using different indices, R2 (Coefficient of Determination), R (Coefficient of Correlation), NMSE (Normalized Mean Square Error), and Plots representing network predictions vs original data. Historical measurements of air pollutants were obtained from 4 of the Ministry of Environment (MoEnv) air quality monitoring stations in Amman. The meteorological data representing three years (2015, 2016, and 2017) were used as predictors to train the Artificial Neural Network (ANN) while the data of the year 2018 were used to test it. The results showed good performance when forecasting SO2, O3, CO, and NO2, and acceptable performance when forecasting Particulate Matter (PM10) at the given 4 locations.
Źródło:
Journal of Ecological Engineering; 2021, 22, 6; 1-11
2299-8993
Pojawia się w:
Journal of Ecological Engineering
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Air Quality Assessment and Forecasting Using Neural Network Model
Autorzy:
Hamdan, Mohammad A.
Ata, Mohammad F. Bani
Sakhrieh, Ahmad H.
Powiązania:
https://bibliotekanauki.pl/articles/1838392.pdf
Data publikacji:
2021
Wydawca:
Polskie Towarzystwo Inżynierii Ekologicznej
Tematy:
air pollutant
ANN
MATLAB
forecasting
Opis:
Air pollution is a major obstacle faced by all countries which impacts the environment, public health, socioeconomics, and agriculture. In this study, the air pollutants in the city of Amman were presented and analyzed. Nonlinear Autoregressive Exogenous (NARX) model was used to forecast the daily average levels of pollutants in Amman, Jordan. The model was built using the MATLAB software. The model utilized a Marquardt-Levenberg learning algorithm. Its performance was presented using different indices, R2 (Coefficient of Determination), R (Coefficient of Correlation), NMSE (Normalized Mean Square Error), and Plots representing network predictions vs original data. Historical measurements of air pollutants were obtained from 4 of the Ministry of Environment (MoEnv) air quality monitoring stations in Amman. The meteorological data representing three years (2015, 2016, and 2017) were used as predictors to train the Artificial Neural Network (ANN) while the data of the year 2018 were used to test it. The results showed good performance when forecasting SO2, O3, CO, and NO2, and acceptable performance when forecasting Particulate Matter (PM10) at the given 4 locations.
Źródło:
Journal of Ecological Engineering; 2021, 22, 6; 1-11
2299-8993
Pojawia się w:
Journal of Ecological Engineering
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Further Evidences of the role of Personality on Affective Forecasting
Autorzy:
Hansenne, Michel
Christophe, Virginie
Powiązania:
https://bibliotekanauki.pl/articles/2122169.pdf
Data publikacji:
2019
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
affective forecasting
personality
extraversion
neuroticism
Opis:
While personality is strongly related to experienced emotions, few studies examined the role of personality traits on affective forecasting. In the present study, we investigated the relationships between extraversion and neuroticism personality traits and affective predictions about academic performance. Participants were asked to predict their emotional reactions two months before they will get their results for one important exam. At the same time, personality was assessed with the Big Five Inventory. All the participants were contacted by a text message eight hours after that the results were available, and they were requested to rate their experienced affective state. Results show moderate negative correlations between neuroticism and both predicted and experienced feelings, and that extraversion exhibits a weak positive correlation with predicted feelings, but not with experienced feelings. Taken together, these findings confirm that extraversion and neuroticism shape emotional forecasts, and suggest that affective forecasting interventions based on personality could probably enhance their efficiencies.
Źródło:
Polish Psychological Bulletin; 2019, 50, 3; 270-274
0079-2993
Pojawia się w:
Polish Psychological Bulletin
Dostawca treści:
Biblioteka Nauki
Artykuł

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