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Definition of "free input forecasting" |
process of predicting— at a given time—future values of the free input; these future values can be predicted in different forms: single future free input trajectory (scenario) over a specified time interval (forecasting interval); bunch of possible scenarios over specified time interval, (or intervals)—eventually with attached weights; stochastic model valid at the considered forecasting time and other. Free input forecasting can be essential for making most of the decisions concerning current values of the manipulated inputs. |
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