Word: predictible
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Energy Game"'s solar development limits, coal constraints and long term projections for total energy demand represent MR&A's attempt to model the future of America's energy sector. A 26-year-old computer whiz developed an "end use" model to predict total electricity consumption through the year 2000. Roughly speaking, it counts the nation's light bulbs, toasters and all other electricity use, including industrial machinery, to forecast aggregate electricity figures for different geographic regions. This forecasting technique--"an engineering model"--differs significantly from economic models, because it entirely ignores the role prices play in determining the nation...
...parameter does not represent a behavioral assumption to guide projections; it is not a figure graven in stone, but an empirical result determined from historical data. Projecting the ease of substitution trend into the future is guesswork--nothing more, nothing less. Depending on the figure chosen, the model could predict either economic disaster or conservation harmlessly reducing national energy needs...
...that very day, the optimistic tone of the President's remarks was contradicted by Secretary of State Edmund Muskie. Said he: "It would be a mistake to raise expectations based on any specific statements." Carter soon backtracked. At his press conference, he said, "I do not predict an early resolution of the issue...
Retail-sales analysts predict that the spartan stores will continue expanding, as consumers look for new ways to beat inflation. Says Walter Loeb, food and retail analyst with New York's Morgan Stanley: "We have seen waves of warehouse stores before. A & P unsuccessfully tried it a few years ago. But now they are doing better and selling fresh produce, some dairy products and meat...
...sales of $66 billion last year and produces two out of every three cars coming off U.S. assembly lines-nearly three times as many as second-place Ford-the company's profits as a percentage of sales have ebbed steadily over the past decade. Wall Street analysts predict that this year the giant firm could lose up to $800 million. Smith's main job will be to restore GM's profits on sales of small cars back to the levels it once enjoyed on bigger models...