In which schedule forecasting of future sales is essential for preparation of?
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Creating a Sales Forecast
Develop a unit sales projection. Where you can, start by forecasting unit sales per month. ...
Use past data if you have it. Whenever you have past sales data, your best forecasting aid is the most recent past. ...
Use factors for a new product. ...
Break the purchase down into factors. ...
Be sure to project prices.
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Accurate sales forecasting is essential for a business house to enable it to produce the required quantity at the right time. ... Many firms manufacture on the order basis, but in general, every firm produces the material in advance to meet the future demand.
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