MECHTALK

Why BCCI to request ICC to ban Pakistan from 2019 World Cup????????????? There  are  still  speculations  as  to  whether  India  will  be  playing  Pakistan  in  the  next  ICC  World  Cup  after  the  Pulwama  attack. The  bilateral  ties  between  the  two  countries  deteriorated  further  in  the  aftermath  of  the  dastardly  attack. Last  Thursday,  more  than  40  Indian  paramilitary  troops  were  martyred  when  an  explosive  SUV  rammed  into  Pulwama's  CRPF  convoy. Recent  media  reports  suggest  that  India  is  now  watching  a  World  Cup  without  Pakistan. According  to  the  Times  of  India,...

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Forecasting Definition and its Methods, FORECASTING INTRODUCTION The growing competition, frequent changes in customer's demand and the trend towards automation demand that decisions in business should not be based purely on guesses rather on a careful analysis of data concerning the future course of events. More time and attention should be given to the future than to the past, and the question 'what is likely to happen?' should take precedence over 'what has happened?' though no attempt to answer the first can be made without the facts and figures being available to answer the second. When estimates of future conditions are made on a systematic basis, the process is called forecasting and the figure or statement thus obtained is defined as forecast. In a world where future is not known with certainty, virtually every business and economic decision rests upon a forecast of future conditions. Forecasting aims at reducing the area of uncertainty that s...