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'What is the difference between sales forecast and sales plan?
Roughly, a Sales Plan is your strategie for achieving sales (purchases). A Sales forecast is an estimate at the beginning of a time period of how much one expects to sell.
The percent-of- sales method can be used to forecast?
Direct costs
Relationship between market demand market potential and sales forecasting?
demand forecasting is crucial for sales forecast
What is the difference between sales and production forecasts?
A forecast of Sales is calculating the amount of items you expect to sell over a certain period, whereas a Production forecast is calculating the amount of items you expect to produce over a certain period.
What are reasons for changes in sales forecast?
If the economic climate changes or you lose large customers, you would change your forecast. Corporations tend not to change them when getting new customers. It always looks good to beat expectations.
'What is the difference between sales forecast and sales quota?
what is sales forecast
Where can one get sales forecast software?
There are many places where one could obtain sales forecast software. One could check sites such as Sales Force for purchasing sales forecast software.
How managerial economist help for sales forecasting?
sales forecast
'What is the difference between sales forecast and sales plan?
Roughly, a Sales Plan is your strategie for achieving sales (purchases). A Sales forecast is an estimate at the beginning of a time period of how much one expects to sell.
What is the different between sales forecast and sales plan?
Sales plan is prepared based on sales forecast which is from previous experiance or on based on market research or intuition, an estimate that how much sales will be required in future.
The key to current asset planning is the ability of management to forecast sales accurately and then match production schedules with the sales forecast?
true
How to calculate percentage achievement in sales?
Divide the total sales by the total sales forecast
What is The usual starting point for a master budget?
the sales forecast or sales budget.
The percent-of-sales method can be used to forecast?
The percent of sales can be used to forecast the price of different types of goods. This can help the marketers know which goods are the most marketable.
The percent-of- sales method can be used to forecast?
Direct costs
Difference between sales plan and sales forecast?
A sales plan and a sales forecast are essentially the same, however the big difference is one is a set plan for the whole year. It is mostly used with larger corporations to single out units. A sales forecast is set at the store/branch level and is there to help with the changing situations (ie weather, natural disasters, and the such) A plan is what you are going to do and a forecast is what you think is going to happen. There should be a link between the two, but you may not have the capacity to make all that you could sell.
Is cash flow projection is the same as sale forecast?
Yes cash flow projection is same like sales forecast. In sale forecast market data is used to determine the future sales while in cash projection all sales purchases projection is done to find out when will cash inflow and outflow occur.
