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177 RDR143 304 UNCLASSIFIED CURRENT UNSUITABILITY ICING: SHIPS(U) NAVAL RESEARCH LAB NAVY FOR SUPERSTRUCTURE RESTING CARDS K JACK 05 JUL 84 NRLMR5377 WASHINGTON F/G 8/12IEE\' ////1/ NLllllL6I.a1111 1.132\'\'M1
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Identify the limitations and weaknesses of the current forecasting method.
02
Analyze the historical data and trends to understand the discrepancies in predictions.
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04
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Non-suitability of current forecasting refers to the assessment that a particular forecast does not align with the actual market conditions or expectations, indicating that the predictions made are inappropriate or unreliable for decision-making purposes.
Entities or individuals who are responsible for creating and maintaining forecasts that are used for strategic planning, investment decisions, or regulatory compliance are required to file non-suitability of current forecasting.
To fill out a non-suitability of current forecasting, one must provide detailed information about the forecasting methods used, the data analyzed, the discrepancies observed, and an explanation of why the current forecasts are deemed unsuitable.
The purpose of non-suitability of current forecasting is to ensure transparency and accountability in forecasting practices, helping stakeholders understand the limitations and potential inaccuracies of forecasts which can impact decision-making.
The report must include the forecasting methods used, the rationale for the assessment of non-suitability, data comparisons, any relevant changes in market conditions, and proposed adjustments or alternative forecasts.
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