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based on marketing research , feed-backs and other methods are used to get the data then any of forecasting techniques like scenarios , multi-scenarios or Delphi technique can be used
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∙ 13y ago
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How a company forecast demand for a new flavor of tea?
A company is selling a particular brand of tea and wishes to introduce a new flavor. How will the company forecast demand for it ?
Why is demand estimation and forecasting important for managerial decision making?
why is demand estimation and forecast important for managerial decision making
Is the demand for services more difficult for organizations to predict than the demand for goods?
yes
What is manpower demand and supply forecast?
The two different sections of manpower forecasting are the manpower demand forecasting and the manpower supply forecasting. These techniques are used to regulate the supply and demand balance.
How is future related to current demand?
if the price is expected to rise,current demand will rise.
Can this website read into the future?
While reading into the future is not a reality (typically), websites as well as many organizations - to include businesses - attempt to forecast future events through probability studies which are reality based.
What do you mean by manpower demand forecast?
Manpower demand forecast refers to how many employees you project you will need at a future date. This is often times driven by whether or not the company is projecting an increase or decrease in production of their product or service. The less a company is projecting to produce, the less employees or "manpower" they will need to produce it.
What is the homophone for to forecast the future and to gain?
The homophone for "to forecast the future" is "to predict" and the homophone for "to gain" is "to attain."
How a company forecast demand for a new flavor of tea?
A company is selling a particular brand of tea and wishes to introduce a new flavor. How will the company forecast demand for it ?
What is a forecast?
A forecast is a weather prediction that weathermen or weather women think will happen. Can also mean a prediction or a conjecture about something in the future other than weather eg economy .
Why is the demand for environmental scientists and hydrologists expected to increase?
The demand for environmental scientists and hydrologists expected to increase in the near future. This is because there is so much awareness in regards to environment and people want to forecast certain trends and changes in the environment.
How does a budget differ from a forecast?
Budget is more accurate than forecast. A budget can be had from historic data whereas forecast looks into the future trends.
Relationship between market demand market potential and sales forecasting?
demand forecasting is crucial for sales forecast
What is the current forecast by many economists for job growth in the near future?
The current forecast by many economists for job growth in the near future is 14% from 2012 to 2022.
Why is demand estimation and forecasting important for managerial decision making?
why is demand estimation and forecast important for managerial decision making
Is there a demand for materials engineering in the future?
is ther a demand for material engineering in the future
What is the word gurau unscrambled?
The anagram is "augur" (to forecast the future)
