Sentence examples for costly forecast from inspiring English sources

This paper reports on the design of a novel two-stage mechanism, based on strictly proper scoring rules, that allows a centre to acquire a costly forecast of a future event (such as a meteorological phenomenon) or a probabilistic estimate of a specific parameter (such as the quality of an expected service), with a specified minimum precision, from one or more agents.

This paper studies a retailer outsourcing the production to a supplier who can improve the quality of the production cost information by exerting costly forecasting effort.

The topography and the altitude of the various breeding sites meant that operations took longer and were more costly than forecast.

BT has said that upgrading its network to offer these services has been costlier and more difficult than forecast.

Planning without this information is a challenge for the provider, and poor forecasting can be costly.

Our design is a forecasting task with costly information and a clear cost benefit structure.

At worse, bad forecasts can be costly.

If you do not constantly monitor and update your forecast, you can make costly mistakes and affect your financial sustainability.

Actions based on forecasts have real, often costly, consequences for those who trust in science.

Most previous analysis systems were based on costly observation apparatus at fixed sites, forecasting models were usually built on observations within a certain range, and some observations contained biases.

Static storage systems may be used to absorb forecast errors, however these are still costly, and therefore alternatives are sought.