English, asked by kamilmubarakk, 1 month ago

dicuss in detail the method of demand forecasting​

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Answered by Anonymous
25

Answer:

Demand forecasting is the art as well as the science of predicting the likely demand for a product or service in the future. This prediction is based on past behavior patterns and the continuing trends in the present. Hence, it is not simply guessing the future demand but is estimating the demand scientifically and objectively.

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