what is formulating economic projections about?
351325
You need to make a companies capital budget? well you have to start with a sales projection and work backwards. After you estimate how much you will produce, you will need to figure out how much it will cost to produce it and of course, you want to have a profit left over. Any managerial accounting text book will have a chapter outlining this in detail, head to the library!
399899
an operations plan is the process that is mapped out or writen out to tell others what is going to happen and when.\n\ni.e.\nwhen an idea is hatched and it involves investment and people to deliver the idea, you need to create an operating plan for people and investers to understan what, when,and by whom will ensure it will be done. hope this explains for you cheers mike
421568
If you are talking about Product Life Cycle and you are talking about projections (possibly a big stretch), then there really is no down side.  Its just a way to plan out what you will do when the time comes and estimate when milestones will occur.  The important thing is that you remain flexible so that when variants in the PLC show up, you can adapt.
1128151
Try this out: Technological forecasting\n\nTechnological forecasting is aimed at predicting future technological capabilities, attributes, and parameters. It is not an attempt to predict how things will be done. Nor is technological forecasting oriented toward profitability. That is, a technological capability or attribute can be forecast to be available at some time in the future, although society may not necessarily want or need the capability.\n\nConsider the process of technological innovation. Many factors influence the progress and direction of technology. For example, science, organizational policy, organization structure, chance, need, and funding all play major roles in determining what technologies are likely to be available to us in the future.\n\nGovernmental decisions to support some technologies and not others have a significant impact on technological innovation. For instance, the decision to support the space program had major impacts on miniaturization in the electronics industry, on the use of new materials and styles in the garment industry, and even on the look of television commercials. The federal government's decision not to support the SST affected the technology of air transport in the United States. if technological forecasting predicts that a certain capability is technologically within our reach in the near future, and if the government chooses to support research in this area, it is much more likely that the technology will be developed-for example, new approaches to the generation of electric power. if the government decides to finance implementation of the desired innovation, there will probably be a near-term impact on profits and the speed of diffusion of the new technology.\n\nAnother characteristic of technological forecasting is uncertainty about the rate of change of technological capabilities. Many capabilities tend to grow exponentially until they reach some natural limit: for example, aircraft speed, computer memory size and memory access speed, horsepower per liter of internal combustion engines, among many others. This is because new technology builds on older technology, and synergism results from the combination. When one technology impinges on another, the synergy often results in an unexpected and sudden increase in capability. For instance, the development of microcomputers depended on the combined technologies of electronic computer circuitry, miniaturization of electronic circuits, efficient computer programming, and development of information storage devices, Such synergies are difficult to forecast. In the early 1950s, noted science fiction author Isaac Asimov wrote a short story set five hundred years in the future. One artifact featured in this story of the future was a small, hand-held device that could perform complex mathematical calculations when its buttons were properly pushed.\n\nThe fact that a new capability is developed does not automatically mean that it will be put to use. The files of the Patent Bureau are jammed with useless inventions. The lack of application potential does not, of course, mean that the capability or scientific finding is worthless. There are many examples of important technological advances that rest on seemingly nonapplicable earlier discoveries. A case in point is Albert Einstein's work on special and general relativity. it depended on earlier work of the mathematician Hendrik Lorentz, work that had no apparent application to physics when it was originally published.\n\nAlthough varying greatly from industry to industry, the embodiment of a scientific discovery, an innovation, has traditionally lagged the discovery itself, the invention, by five to seven years [30, 39]. More recently, competitive pressures in worldwide markets have tended to shorten these lags, but they are still significant. Once the innovation is developed, its adoption is also not instantaneous, often taking between 10 and 20 years to reach the point of market sa
220939
It just means "business planning"
370017
You need to answer that question yourself. If I tell you a stock and you buy it and then it goes bankrupt, you will hate me for the rest of your life. If you do your research and buy a stock based on that and it goes down, you will figure that it is a lesson that you learned the hard way. \n\nAsk yourself these questions.\n\nwhere do I think the growth will be?\n\nwhat is the outlook for the economy?\n\nwhat is the outlook for the economy of other coutries?\n\nwhat companies am I familar with that I think are doing a good job?
222889
First of all the question is wrong, In Civil Engineering practice quantities are take off as per drawings and specifications for the preperaton of Bill of Quantities(BoQ), after the preperation of BoQ, individual items are priced according to relevent market price, that is called estimation, for the budgetary amount of the project. I hope that I explain the matter.
291353
You might be able to find something at the Energy Information Administration.\n\nThis site also gave some good info.\nhttp://repositories.cdlib.org/cgi/viewcontent.cgi?article=2922&context=lbnl\n\nFor info on Oil projections. \nhttp://www.neatideas.com/oil.htm\nor\nhttp://www.imf.org/external/pubs/ft/weo/2005/01/chp4pdf/fig4_6.pdf#search='oil%20price%20projection%202006'\n\nHope they help.
455756
"Europe's economic" what?
1085790
The hurricane "forecast" is the best educated guess by the weather folks about what is going to happen months from now.\n\nBased on their knowledge of years past compared to the current conditions, they make a projection about how many storms there will be.  IIRC, they said last year would be a bad one, but nobody predicted 28 major named storms, nor the tracks of Katrina and Rita until they were already on the way.
497614
The first uses financial and economic analysis to try and predict the movement of prices.  This could be the general economic data, earnings reports, industry reports, and so on.\n\nThe second uses the time series data of the price and volume and similar things.  It's like staring at the chart of prices and predicting what will happen in the future.  The assumption is that there are patterns in the data.
761095
Lets assume you have all the information need on the receivables, cause you have the ongoing contract and the forecast on new customers and services coming from the marketing. \nCalculate ratios like receivable days, turnovers and liquidity ratio. \n\nIn relation to the liabilites divide them in \n\nFixed running costs, salaries, rent, office running costs and other related, the forecast of the above its much easy, i suppose you have the timing of these payment during the month.\n\nand \n\nin variable costs, services received form third parts in relation to your sales. \nTo make an accurate forecast make an analysis of the previous tendece of these costs on sales. \nThan based on the current service contracts and other forecasted for the future, ask this information to the management, take in consideration the terms of payments. \n\nMake a comparison between the terms of  payments in recevables and payables in the actual running contract and future contracts.\nThe same information compare with the previous tendece in the liabilities payments. \nIn case you notice a difference in decreasing payments gaps in the future use this, otherwise the previous tendece in order to be pesimistic to moderate in the forecast of the cash flows. \n\nThe percentage is not accurate in the liability side, try to make a more a forecast based on real contractual terms. its a hell of a work but it worths in relation to the accuracy of the future information.\n.
758213
well, governments need to plan, or at least try to plan, things such as:\n- future needs for transport (especially public)\n- future needs for school classes\n- future needs for hospital beds\n- future electricity consumption, water consumption, etc\n\nand so on\n\nclearly, to judge by our daily experiences, either they don't do any decent quality population forecasting, or at any rate they don't use the data from it to plan ahead
744799
What you have given like Alcoa, gm, merck etc; are not leading economic indicators they are not even indicators. They are Companies. Indicators are entities that point to the state of the economy. Leading economic indicators are fundamentals of economy which will be present before a state occurs, like consumer confidence index, interest rates, employment search index, employment data etc;.
719921
According to the Bureau of Economic Analysis, based on the first quarter numbers for 2006, this year's GDP is projected to be $13,020 billion for 2006.\n\nhttp://www.bea.gov/bea/newsrel/gdpnewsrelease.htm
1091968
Any projection, even in a known market, involves assumptions.  In your case you will have to make a few more, but that is OK.  The key is that you clearly state what your assumptions are.  Then as you gain knowledge of your market and your customers, you can replace assumptions with data, or at least educated assumptions.  \n\nI would suggest starting with some identification of what you consider your market.  Quantify the market (how many companies, how much do they spend on similar products or services, etc.) This type of information should be pretty available unless your product is very obscure or new.  Then, once you know the size of the market, identify and quantify your competition.  How much are they selling to your customers?  How much do you expect their market share to change?  Calculate some measure of market strength or expansion.\n\nSubtract your competition from the market capacity and that is your potential capacity.  I hope this helps!
1094478
Being a serviced based business, our indicators are labor versus revenue.  If we maintain a 50% or less labor costs against revenue each month then the quarterly reports will always fall in line with projections.  When labor spikes over 55% on a monthly basis then we will fall short of projections.\n\nManufacturing and other industries use other markers.