trend impact analysis
Definition
Forecasting technique in which (1) a baseline scenario is constructed using trend extrapolation, (2) future events that may affect this scenario are identified and evaluated on the basis of their probability of occurrence and degree of impact, (3) the combined effect of these events is applied to the baseline scenario to create future scenarios.
trend impact analysis is in the Decision Making, Problem Solving, & Strategy, Planning & Scheduling and Statistics, Mathematics, & Analysis subjects.
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