Volume estimates Sample Clauses

Volume estimates. QNA volume data are published as a chain-linked series at the reference year 2015 prices. The growths compared with the previous period and the corresponding period of the previous year are published as QNA volume data. These are constructed with the annual overlap method, in which volume estimates at the average prices of the previous year are used. The index type used for the measurement of volumes is the Laspeyres index. Quarterly GDP at current prices and at previous year’s prices is estimated by the production and expenditure base. Quarterly value added at previous year’s prices is compiled using the double deflation method. The preferred approach is the deflation product-by-product. In order for the quarterly data to be consistent with the annual national accounts, the annual overlap method was chosen. The variables of chain-linked volumes are non-additive (a chain- linked volume of GDP is not equal to the sum of its components). For logical reasons, the differences arising in the chain links are not eliminated by calculation. To ensure consistency between the QNA and XXX xxxxx and volume measures, the ANA measures are derived from the quarterly measures. Consistency with SUT is achieved by using the Xxxxxx benchmarking techniques for QNA data.
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Volume estimates. 3.3.1. General volume policy The index type for the measurement of volumes is the Laspeyres index (the prices of the earlier period are applied to both periods). Quarterly chain-linked volume indices are derived by linking together quarter-to-quarter Laspeyres indices. It is the recommendation of ESA 2010 and Estonia agrees to use the Laspeyres formula when deriving chain-linked volume indices because of its several advantages. The benefits include consistency with supply and use tables 3 Household consumption has two data sources. In the years of HBS, the share of hard data is higher, compared to years with more extensive modelling. compiled at average prices of the previous year, the simplicity of construction, and the opportunity to get consistency them for both seasonally adjusted and unadjusted data. For the quarterly data to be consistent with the annual data, the annual overlap method was chosen. With the annual overlap method, the linking factors used to construct quarterly chain- linked Laspeyres volume estimates are the same as those used to construct the corresponding annual chain-linked volume estimates. QNA volume data are published as a chain-linked series at the reference year 2015 prices. QNA at previous year’s prices are calculated for both the production and the expenditure approach, based on the fact that the production side is estimated at basic prices while the expenditure side is estimated at consumer prices. Production-based accounts are calculated by the double deflation method: output and intermediate consumption are deflated separately, and value added at previous year’s prices is derived as the difference between output and intermediate consumption at previous year’s prices. For quarterly figures, double deflation is generally not recommended. However, for each transaction, the same estimation method should be used to derive estimates in both ANA and QNA, which is why Estonia applies the double deflation method for quarterly figures. If detailed quarterly data on output and intermediate consumption are available, the volume estimation of value added should be derived using the double deflation method. In Estonia, the lack of information for quarterly calculations is made up for by the use of similar information from previous years. It concerns the structure of goods and services for both output and intermediate consumption. The preferred approaches for market output estimation are deflation product-by-product and the separate def...
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Volume estimates. The volumes of timber conveyed and set out in this section are estimates only. The County by making such estimates neither warrants nor limits the volume of timber conveyed under the terms of this contract.
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Volume estimates. The volume estimates of QNA includes: ➢ data non-seasonally adjusted expressed at average constant prices of previous year, ➢ data non-seasonally adjusted expressed at constant prices with reference year 2000, In order to derive volume estimates at constant prices of previous year quarterly data of analyzed year at current prices are deflated by Laspeyres Volume Index (previous year =100). The procedure is basically the same for all components of the production side but different indexes for each section are applied. Gross value added is derived as the difference between output and intermediate consumption. In order to derive chain-linked volume measures with the reference year 2000, the annual overlap method is used.
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Volume estimates. 3.3.1 Constant prices of previous year Quarterly estimates of GDP as annual accounts-are elaborated according to ESA’95 both at current and constant prices of previous year. To compare quarterly data of two consecutive years, quarters of previous year (base year) are compiled at annual average prices of the same year. To sum up, quarterly national accounts data are elaborated at: • current prices; • constant prices of previous year, • annual average prices of the same year. These two types of price indices, (previous year=100 and same year = 100) are elaborated by Trade and Service Division and Business and Prices Division. To obtain data at constant prices of previous year, quarterly data of analyzed year at current prices are deflated by Laspeyres Volume Index (previous year =100). Data at annual average prices of the same year are elaborated by dividing data at current prices. Volumes of quarterly GDP and its elements at current prices and constant prices of previous year are basis for estimations of volume index. Implicit price indices for GDP and its elements are achieved indirectly- value index is divided by volume index. In quarterly national accounts value index is computed by dividing values at current prices from analyzed quarter and volumes from corresponding quarter of previous year at annual average prices of the same year. Volume index is computed by dividing volumes of analyzed quarter at constant prices of previous year by volumes of corresponding quarter of previous year at annual average prices of the same year. Each element of GDP is calculated at constant prices of previous year separately. It means that GDP at constant prices of previous year is the sum of aggregated elements from both side: production and expenditure. The algorithm of quarterly GDP calculation at constant prices of previous year is following:
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Volume estimates. The volumes of timber indicated in this Contract or other appraisal or cruise documents of the Seller are estimates. The Seller gives no warranty or guarantee respecting the quantity, quality or volume of marked or otherwise designated timber or forest products on the sale area.
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Volume estimates. Purchaser makes no guarantee regarding the specific quantity of Products that it will order from Seller. Seller accepts that Purchaser’s projected volumes may not be accurate, and that actual volume or duration could be less than or greater than the projections.
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Related to Volume estimates

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds ten percent (10%) of CITY’s stated construction budget, CONSULTANT shall make recommendations to CITY for aligning the PROJECT design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • Pre-Estimate The parties agree that if Market Quotation applies an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks and except as otherwise provided in this Agreement neither party will be entitled to recover any additional damages as a consequence of such losses.

  • Estimates User shall pay to Tenant, in advance on a monthly basis, an amount equal to the estimated Rent for each year of the Use Period or part thereof divided by the number of months therein. Attached as Exhibit B is an budget for the Project prepared by Tenant and approved by User, which reflects a good faith estimate of Rent. Based on Exhibit B, the parties have agreed that User will pay to Tenant the monthly sum allocated to User on Exhibit B, in advance, as Tenant’s initial estimate of Rent. From time to time, Tenant may estimate and re-estimate the amount of Rent to be due and deliver a copy of the estimate or re-estimate to User. Thereafter, the monthly installments of Rent shall be appropriately adjusted in accordance with the estimations so that, by the end of the calendar year in question, User shall have paid all of Rent estimated by Tenant for such calendar year. Any amounts paid based on such an estimate shall be subject to adjustment as herein provided when the actual amount of Rent is available for each calendar year or fraction thereof (in the instance of any partial calendar year).

  • Estimates and Reconciliation of Estimates Where estimated expenditures are used to determine the amount of the drawdown, the State will indicate in the terms of the State unique funding technique how the estimated amount is determined and when and how the State will reconcile the difference between the estimate and the State's actual expenditures.

  • Cost Estimate An estimate of the total project cost including but not limited to direct expenses, indirect expenses, land cost, and capital expenses.

  • USE OF ESTIMATES The Sponsor is authorized to make all Net Asset Value determinations (including, without limitation, for purposes of determining redemption payments and calculating Sponsor’s Fees) on the basis of estimated numbers. The Sponsor shall not (unless the Sponsor otherwise determines) attempt to make any retroactive adjustments in order to reflect the differences between such estimated and the final numbers, but rather shall reflect such differences in the Accounting Period in which final numbers become available. The Sponsor also shall not (unless the Sponsor otherwise determines) revise Sponsor’s Fee calculations to reflect differences between estimated and final numbers (including differences which have resulted in economic benefit to a Sponsor Party). If, after payment of redemption proceeds, the Sponsor determines that adjustment to the Net Asset Value of the redeemed Units is necessary, the redeeming Investor (if the Net Asset Value is adjusted upwards) or the remaining Investors (if the Net Asset Value is adjusted downwards) will bear the risk of such adjustment. The redeeming Investor will neither receive further distributions from, nor will it be required to reimburse, this FuturesAccess Fund in such circumstances.

  • Forecast Customer shall provide Flextronics, on a monthly basis, a rolling twelve (12) month forecast indicating Customer’s monthly Product requirements. The first ninety (90) days of the forecast shall be in weekly time buckets and will constitute Customer’s written purchase order for all Work to be completed within the first ninety (90) day period. Such purchase orders will be issued in accordance with Section 3.2 below.

  • Acceptable Estimating System The Contractor shall maintain the acceptable status of their Estimating System and submit updates to the current status, if applicable

  • ESTIMATED QUANTITIES 1.1 The quantities set forth in the line items and specification document are approximate and represent the estimated requirements for the contract period.

  • Estimated Cost Estimated costs by construction phases for Specified Roads listed in A7 are stated by segments in the Schedule of Items. Such estimated costs are subject to adjustment under B3.3, B5.2, B5.21, B5.212, B5.25, and B5.26. Appropriately adjusted costs shall be made a part of a revised Schedule of Items and shown as adjustments to Timber Sale Account. The revised Schedule of Items shall supersede any prior Schedule of Items when it is dated and signed by Contracting Officer and a copy is furnished to Purchaser.

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