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The projected loss is nearly nine times the initial forecast.
But I see 2011 as above the initial forecast.
The latest cost estimate for the rowing and canoeing venue is 49bn yen, seven times higher than the initial forecast.
Then, after updating the initial forecast with early demand information, it determines the appropriate reactive production schedule.
"The initial forecast room rates were unachievable at that time, and a lower-than-market average occupancy was experienced".
"The initial forecast was that the weather would break from Wednesday night into Thursday, but this morning that has changed, and the rainfall may now be late on Thursday and into Friday".
Similar(43)
The initial forecasts of damage to the auto industry were too optimistic, said Hajime Yamamoto, the Thailand director of IHS Automotive, an automotive market forecasting company based in Detroit.
In South Florida, for example — where the initial forecasts for a storm of modest size would not have prompted hurricane-weary residents to evacuate — Matthew's rapid increase in power could have pinned down more than six million people in the region.
"Even though the final investment decision [FID] has been pushed back from the initial forecasts, the construction time will stay the same, which means that the commissioning date will be updated at the point when FID is made," EDF's chief executive, Jean-Bernard Lévy, said.
The PC maker says that soft demand will leave sales for the quarter at about $8.5 billion to $8.6 billion, missing the initial forecasts of $8.7 billion.
The initial forecasts turned out to be wrong; the hurricane took a northward turn.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com