They are assembled by hand, with extreme care, to meet the brand's unique and high-quality standards of quality, performance and aesthetics. Rolex does not compromise on what it takes to produce exceptional watches.Īll Rolex watches are developed and produced in-house at our four sites in Switzerland. This level of excellence requires time, and as we have always done, we will continue to take the necessary time to ensure that all our watches not only comply with our standards of excellence, but also meet the expectations of our customers in terms of quality, reliability and robustness. Our current production cannot meet the existing demand in an exhaustive way, at least not without reducing the quality of our watches – something we refuse to do as the quality of our products must never be compromised. We complement the theoretical concepts and applications covered by large lists of free or open-source software implementations and publicly-available databases."The scarcity of our products is not a strategy on our part. We offer cross-references to allow the readers to navigate through the various topics. Given its encyclopedic nature, the intended mode of reading is non-linear. However, we wish that our encyclopedic presentation will offer a point of reference for the rich work that has been undertaken over the last decades, with some key insights for the future of forecasting theory and practice.
We do not claim that this review is an exhaustive list of methods and applications. We then demonstrate how such theoretical concepts are applied in a variety of real-life contexts. We provide an overview of a wide range of theoretical, state-of-the-art models, methods, principles, and approaches to prepare, produce, organise, and evaluate forecasts. This article provides a non-systematic review of the theory and the practice of forecasting. The large number of forecasting applications calls for a diverse set of forecasting methods to tackle real-life challenges. The uncertainty that surrounds the future is both exciting and challenging, with individuals and organisations seeking to minimise risks and maximise utilities. Forecasting has always been at the forefront of decision making and planning.
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