The computation of implied cost of capital (ICC) is constrained by the fact that around half of all firms do not have analysts’ earnings forecasts. Hou, van Dijk and Zhang (2012, HVZ) present a cross-sectional model to generate forecasts and compute ICC from these forecasts. However, the forecasts from the HVZ model perform worse than those from a naïve random walk model and show anomalous corr...

This paper establishes a low cost inferential model that allows reliable time series forecasts. The model provides a naive unique computationally straightforward approach based on widely-used additive models. It refers to the decomposition of every time series value in " random " components, which are compounded to constitute a " Fibonacci type " predictor random variable. The expected value of...

Military assets are generally appraised at the acquisition stage on the basis of their total life cycle costs. This study provides a theoretical foundation and a parametric cost model for forecasting the life cycle cost for any kind of heavy military equipment. In the model, the asset operating and maintenance (O&M) costs are estimated as a function of its age over its optimal operational life....

Data assimilation (DA) holds considerable potential for improving hydrologic predictions as demonstrated in numerous research studies. However, advances in hydrologic DA research have not been adequately or timely implemented in operational forecast systems to improve the skill of forecasts for better informed real-world decision making. This is due in part to a lack of mechanisms to properly q...

Forecasting the unit cost of a semiconductor product is an important task to the manufacturer. However, it is not easy to deal with the uncertainty in the unit cost. In order to effectively forecast the semiconductor unit cost, a collaborative and artificial intelligence approach is proposed in this study. In the proposed methodology, a group of domain experts is formed. These domain experts ar...

In enterprise or project management, cost forecasting is an important factor affecting different stages of the process, which requires effective control and management forecasting. this paper, BIM technology introduced into construction project, so that manager can master all information building through technology, provides a good condition for completion accounting. prediction model based on ...

Many U.S. metro cities’ municipal wireless projects have been delayed or canceled. Cost forecasting, market penetration rates, and changing technologies are factors that contribute launch failure. Although larger cities have tried, smaller towns are more successful due to the lack of commercial competition. This paper takes the issues of price, cost, and market share of WiFi municipal wireless ...