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DTSTAMP:20260518T032440Z
SUMMARY:Webinar on Forecasting for Profit: The Basics
DESCRIPTION:Overview: This webinar will cover the basics of creating 
 a model to forecast variables that are relevant to a business such as 
 product demand or price of an important input.\nWhat are the steps to 
 formulating a forecast model? How do you estimate a model? What are th
 e potential pitfalls in formulating and estimating a model? How do you
  determine which model formulation performs best? How do you test your
  model? What do you need to do once you have built your model? Why sh
 ould you Attend: \nEvery company faces multiple decisions over time: 
 what price to set, how much to produce, whether to enter a new market,
  whether to build a new plant, etc. Many monitoring systems that most 
 businesses already have in place (e.g., inventory control systems) gui
 de these decisions. However, some decisions require long-term planning
 . The wrong decision can cost a company lost market share or unnecessa
 ry increases in expenses due to over expansion. There will always be r
 isk in these decisions, but a careful forecast of the impact of these 
 decisions on a company's balance sheet can reduce the risk. Often a co
 mpany is sitting on a wealth of data that it only partially exploits.T
 his session lays out the basics of building a forecast model. It will 
 cover the major \"Dos\" and \"Don'ts\" of building a forecast model. H
 ow do you start the process? What are some of the pitfalls to avoid? H
 ow can you leverage the knowledge you already have? Areas Covered in 
 the Session:\n\nOverview of forecast model building\nThe hard work: un
 derstanding what goes into your forecast model\nPitfalls of model buil
 ding\nEstimating and testing your model\n\nWho Will Benefit:\n\nAVP, V
 P, SVP\nDevelopers\nBankers\nMortgage Lenders\nBuilding Materials Supp
 liers\nArchitectural Firms\n\nSpeaker Profile:\n\nBernard Markstein i
 s an economic consultant who provides analysis and forecasts of the na
 tional economy and construction activity as well as tracking developme
 nts in building materials prices. Dr. Markstein is an accomplished spe
 aker who is frequently quoted in the national press and in trade publi
 cations and also has been interviewed for both radio and TV, including
  Bloomberg TV and Nightly Business Report on PBS. \nContact Detail:\n
 NetZealous - Compliance4All,161 Mission Falls Lane, Suite 216,Fremont,
  CA 94539, USA.Phone: +1-800-447-9407Email: support@compliance4All.com
 http://www.compliance4all.com/Event Link : http://bit.ly/Forecasting-
 for-Profit-The-Basics\n\n\n\nFor more information visit https://medtec
 hiq.ning.com/events/webinar-on-forecasting-for-profit-the-basics
DTSTART;TZID=America/New_York:20160203T100000
DTEND;TZID=America/New_York:20160203T110000
CATEGORIES:webinar
LOCATION:Online Event
WEBSITE:
URL:
CONTACT:Event Manager
ORGANIZER;CN="Adam Fleming":https://medtechiq.ning.com/profile/Complia
 nce4all
ATTACH;FMTTYPE="image/jpeg":http://storage.ning.com/topology/rest/1.0/
 file/get/2562012364?profile=original
ATTENDEE;ROLE=REQ-PARTICIPANT;PARTSTAT=ACCEPTED;RSVP=TRUE;CN="Adam Fle
 ming":https://medtechiq.ning.com/profile/Compliance4all
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