Forecast

The Most Costly Excel Error Ever?

The Most Costly Excel Error Ever?

This entry is part 2 of 2 in the series Spreadsheet Errors

Efficient computing tools are essential for statistical research, consulting, and teaching. Generic packages such as Excel are not sufficient even for the teaching of statistics, let alone for research and consulting

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Budgeting Revisited

Budgeting Revisited

This entry is part 2 of 2 in the series Budgeting

Normally we would expect both the budget and the actual EBITDA to fall somewhere in the region of the expected value.

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The Uncertainty in Forecasting Airport Pax

The Uncertainty in Forecasting Airport Pax

This entry is part 3 of 4 in the series Airports

The uncertainty about the future yearly Pax is quite high. With this as the backcloth for airport planning the stochastic nature of Pax forecasts has to be taken into account when investment decisions are to be made.

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Airport Simulation

Airport Simulation

This entry is part 1 of 4 in the series Airports

The basic determinant of an airport’s economics is the passenger forecast. It is the basis for estimation of aircraft movements, investment in terminal buildings, traffic charges, tax free sales etc.

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