Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Can you explain about Demand Forecasting?
Demand forecasting involves forecasting and estimating the quantity of a service or product that consumers will buy in future. It attempts to evaluate the significance and magnitude of forces which will affect future operating conditions in an enterprise. Demand forecasting includes use of various formal and informal forecast techniques like informed guesses, use of historical sales data or current field data gathered from representative markets. Demand forecasting can be used in making pricing decisions, in assessing future capacity requirements, or in making decisions on whether to enter a new market. So demand forecasting is estimation of future demand. According to Cardiff and Still, 'Demand forecasting is an estimate of sales for a specified future period based on a proposed marketing plan and a set of particular competitive and uncontrollable forces'. Demand forecasting is a projection of firm's expected future demands.
Write the forecasting techniques There are many forecasting techniques available to person assisting the business in planning its sales. Take for instance a forecasting metho
Suppose the consumer can choose either coffee shop 1 or coffee shop 2, but not both. - Assuming that other things (such as location, quality of coffee, and so on) are the same,
In this question you will consider the impact on the building industry of the earthquake. Two construction and materials indices have been provided for the analysis. If your famil
Q. Explain the Efficiency wage model? Efficiency wage models such as Shapiro and Stiglitz (1984) suggest wage rents as an addition to monitoring, because this gives employees a
a critique of the relevance of managerial economics
Problem 1: You are the manager of a reputed five star hotel in Mauritius and you have been asked by the director of the hotel to advise on possible pricing strategies to increa
real GDP is increasingly criticized for its alleged failure to adequately measure the standard of living. To what extent do you think this criticism is valid?
p=10, TC= 1000+2Q+.01Q^2, Q=?
CLASSIFICATION OF TAXES Taxes can be classified on the basis of: a. Impact of the taxes It means on whom the tax is imposed. On the other hand, incidence of the
What is the Permanent Income Hypothesis? What is the theory's potential relevance for assessing the effects of temporary tax cuts for the purpose of fiscal stimulus? If you were
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd