prognosehorisont
A prognosehorisont, often translated as forecast horizon or planning horizon, refers to the length of time into the future for which a forecast or plan is made. It is a crucial concept in various fields, including economics, meteorology, business, and project management. The choice of prognosehorisont depends heavily on the nature of the prediction and the decisions that will be based upon it.
In economics, a short prognosehorisont might be used for daily trading decisions, while a long prognosehorisont
The accuracy of a prognose generally decreases as the prognosehorisont extends. This is because uncertainties and