forecasting (Meaning)

Wordnet

forecasting (n)

a statement made about the future

No weak antonyms found.

Accurate forecasting is crucial for businesses to plan their inventory levels effectively.
The weather forecasting team seamlessly predicted the impending storm, allowing ample time for precautionary measures.
Economic forecasting analyses past trends to predict future economic conditions.
The latest technological advancements have revolutionized sales forecasting, resulting in enhanced precision.
Demand forecasting plays a pivotal role in supply chain management, ensuring optimal inventory levels.
Financial forecasting provides valuable insights into potential risks and opportunities for investment decisions.
Epidemic forecasting is essential for public health authorities to implement effective containment strategies.
Seasonal forecasting helps businesses capitalize on market fluctuations and plan for seasonal variations.
Long-term forecasting allows organizations to develop strategic plans and mitigate future uncertainties.
The combination of data analytics and historical insights enables more reliable and accurate forecasting models.

a statement made about the future

forecast, prediction, prophecy, predicting,prognosis, prognosticating, prognostication, prophesy, prognostic, conjecture

commonplace, usual, prosaic, routine, normal, prosaic, usual, ordinary,normal, everyday

Accurate forecasting is crucial for businesses to plan their inventory levels effectively.

The weather forecasting team seamlessly predicted the impending storm, allowing ample time for precautionary measures.

Economic forecasting analyses past trends to predict future economic conditions.

The latest technological advancements have revolutionized sales forecasting, resulting in enhanced precision.