Big Chemical Encyclopedia

Chemical substances, components, reactions, process design ...

Articles Figures Tables About

Methods of Forecasting

The conditions are described by the type, size, configuration, structure and properties of a hydrogeochemical object within whose bounds is solved the set forecast problem. [Pg.542]

In its content, an object may be homogenous if it includes only water, or heterogenous if beside water it includes other medium (rock, underground gas and nonpolar liquids). In terms of hydrodynamic conditions, it may be a closed system if there is no flow of water through it, or an open one if it [Pg.542]

The size of the object can vary in a very wide range, from the volume of water sample or rock core to aquifers, complexes or even whole sedimentary basins. [Pg.542]

Distance at the scale of space, time or events to the point, for which the forecast parameters are determined, is called forecast period. By the nature of final results are distinguished the state forecast and interval or process forecast. In the former case of interest is the state of a hydrogeochemical object at a specific point of the scale and in the latter, change in the nature and direction of this state. [Pg.544]

The extent of knowledge of the forecast object and processes in it actually determine the forecasting methods and reliability of their results. A distinction should be observed between the state of knowledge of the forecast area and those processes which affect it. [Pg.544]


Now, let us go back to the methods of forecasting conditions for obtaining critical regimes for keroplast flow. As demonstrated in [20], critical tension of melted filled polymer can be calculated as a regular point on the flow curve, i.e. [Pg.12]

A similar examination of feed and product prices along the value chain of a given chemical can usually provide valuable insights into the best method of forecasting. No method is perfect, and anyone capable of accurately predicting commodity prices would be well advised to pursue a more lucrative career than chemical engineering. For process design purposes, it is usually sufficient to show that the prices used for optimization and economic analysis are realistic and consistent with consensus views of the market. [Pg.341]

Therefore, the forecasts and as a result the allocations in the oil and steel sector had to rely heavily on the operators own business plans, which is not a satisfactory method in the long term. Moreover, these forecasts were very difficult for the European Commission to verify. In future NAPs, further harmonisation could be envisaged in the treatment of these large industries, either through a consolidated method of forecasting, or through the establishment of EU-wide benchmarks. [Pg.263]

Depending on the knowledge of factors affecting underground water properties and composition three major methods of forecast are distinguished expert, statistical and modeling. [Pg.545]

Moving average. These methods try to eliminate randomness in a time series and smooth the curve of the data. This method of forecasting tends to lag a trend, and the more periods included in the average, the greater the lag will be. This method is best suited for products that have a stable demand. [Pg.41]

According to the data above, three methods of forecast results are as follows ... [Pg.655]

Decomposition (forecasting) A method of forecasting where data is divided into trend, seasonal, and cyclical components. Another component may be random — where no pattern exists. Forecasts are made using each component. (Adapted from APICS Dictionary, 10th edition )... [Pg.526]

Bowmaker Test. A method of forecasting the durability of refractory glass-tank blocks proposed by E. J. C. Bowmaker (J. Soc. Glass Tech., 13,130, 1929). The loss in weight of a sample cut from the tank block is determined after the sample has been immersed for 3 h. in HF/H2SO4 at 100°C the acid mixture is 3 parts by vol. HF (commercial 50-60% HF) and 2 parts by vol. pure cone. H2SO4. The test is no longer considered valid. [Pg.37]

Forecasting by time series employs analysis of past demand and trends of demand to anticipate future demand. Any forecast or method of forecast can be tested for past accuracy. Accuracy is usually monitored by the deviation of the actual result from the forecast result. [Pg.66]

Estimates of sales income and other types of forecasts are usually based on the opinions of experts. Experts should be able to estimate maximum, minimum, and most hkely, or modal, values for a quantity. The modal value is not necessarily midway between the minimum and maximum values, since many distributions are skewed. An expert may be asked to estimate the probabilitv of the occurrence of certain values on each side of the mode. Wken experts are questioned separately, the procedure is known as the Delphic method. Strictly speaking, this method requires that the opinion of each expert be assessed by a coordinator, who then feeds the resiilts back to see if the opinions of one expert are modified by those of others. The process is repeated until agreement is reached. In practice, the procedure is too tedious to be repeated more than once. [Pg.821]

Another estimation method of mixture flashpointe was sugg ed by Gmehling (note p.63). The method uses the forecast technique of activity coefficients of iiquid mixtures called UNIFAC that would therefore enable calculation of the vapour pressure of the mixtures and, thanks to Le Chdtelier equation, calculate the temperature to which the mixture has to be heated so that its equilibrium concentration reaches the lower explosive limit. [Pg.69]

The attractiveness of production of liquid fuels from biomass lies in the renewable characteristics of biomass. As a consequence, the costs of an industry based on biomass conversion would be more or less predictable by inflation forecasting, and essentially independent of external political factors. With the incorporation of municipal solid waste as a biomass feedstock, such an industry also presents the opportunity of developing improved methods of recycling and waste disposal. [Pg.133]

Tokita, H., Takagi, H. et al. 2000h. Development and verification of a method to forecast hot springs interference due to geothermal power exploitation. In Proceedings World Geothermal Congress 2000, Kyushu-Tohoku, Japan, 28 May-10 June 2000, 725-730. [Pg.336]

The history, progress, and development in the field of analysis and testing of petroleum, its products and auxiliaries, are reviewed and an attempt is made to forecast the likely avenues of future developments in this field. The survey considers the simple physical methods that have long been used and the technically involved instrumental and chemical methods that have been developed over these years. These include but are not limited to microchemistry, adsorption, refractometry, radiation methods of analysis, and analytical methods and devices used on plant units and streams. [Pg.387]

The lipid content of fish also indicates whether the fisherman should use lights to attract the fish (Gusar and Getmantsev, 1985), since this method of capture works only on fish with low reserves. It has in addition been used to predict migration time, routes, behaviour and distribution in fish from northern seas and deep-water oceanic areas, but the forecasts have been sporadic regular annual monitoring has been more common in fish from southern seas and those of the Far East. [Pg.248]

Development of methods to forecast chemical weather and to assess the air quality over Europe, which also takes the impact of global climate change into account. [Pg.296]

The advantage of iron labeling for electron microscopy has inspired the use of some other metals and iron in the form of other compounds, for instance ferrocene, e.g. bis-pentadienyl iron Mercury uranium and osmium are also widely used in electron microscopy for protein labeling. Because they are easy to detect and because they attach themselves readily to antibodies and antigens, metals are very promising labels in immunochemical methods. Voller forecasts the development of a new generation of simple metaloimmunoassays. [Pg.197]

The choice of which feed and product prices to use in the sensitivity analysis depends strongly on the method of price forecasting that has been used. Typically, total raw material cost is studied rather than treating each feed separately, but if raw material costs are found to be the dominant factor, then they may be broken out into the costs of individual raw materials. [Pg.381]


See other pages where Methods of Forecasting is mentioned: [Pg.5]    [Pg.541]    [Pg.541]    [Pg.545]    [Pg.12]    [Pg.92]    [Pg.144]    [Pg.116]    [Pg.205]    [Pg.130]    [Pg.133]    [Pg.5]    [Pg.541]    [Pg.541]    [Pg.545]    [Pg.12]    [Pg.92]    [Pg.144]    [Pg.116]    [Pg.205]    [Pg.130]    [Pg.133]    [Pg.345]    [Pg.187]    [Pg.116]    [Pg.86]    [Pg.93]    [Pg.59]    [Pg.435]    [Pg.90]    [Pg.212]    [Pg.51]    [Pg.9]    [Pg.101]    [Pg.407]    [Pg.4]    [Pg.37]    [Pg.1]    [Pg.519]    [Pg.3332]    [Pg.2279]    [Pg.234]   


SEARCH



Forecast/forecasting

Forecast/forecasting methods

Forecasting

Forecasts

© 2024 chempedia.info