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.
Causes of the Nigeria recession
Explain about the marginal analysis. The optimal quantity of an activity is the level which produces the maximum probable total net gain. The principle of marginal analysis
Buffer stocks and stabilization funds In this case the government buys up part of the supply when output is excessive, stores this surplus, and resells it to consumers in time
what is the full concept of discounting principles of managerial economics ?
Ingrid and Jeff would like to use Saturday night together but have dissimilar tastes in entertainment. Jeff would like to go to the opera but Ingrid would prefer to see soccer. As
Bikes-for-two, Inc., produces tandem bicycles. Its costs have been analyzed as follows: VARIABLE COST Materials $30/unit Manufacturing labor 3 hours/unit ($8/hour) Assembly labor 1
TYPES OF UNEMPLOYMENT A person can be either in the labour force or not in the labour force of an economy. The person not included in the labour force includ
Suppose that in an isoquant mapping, you should consider three isoquants with 1000, 2000 & 3000 units of output. The price of capital is Rs 2 a unit, and the price of labor is Rs 1
The UN's Integrated Programme for Commodities Most of the political pressure for ICAs comes from spokesmen for the developing countries. This is reflected in countless resolu
find out the characterstics of national stock exchange
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd