Question

State various methods for demand forecasting?

​

Answer 1

The major statistical methods used for demand forecasting are: Trend Projection Method: This method is useful where the organization has a sufficient amount of accumulated past data of the sales. Thus, on the basis of the predicted future trend, the demand for a product or service is forecasted.

Hope it helps you ✌

Answer 2

Answer:

The major statistical methods used for demand forecasting are: Trend Projection Method: This method is useful where the organization has a sufficient amount of accumulated past data of the sales. ... Thus, on the basis of the predicted future trend, the demand for a product or service is forecasted.

Explanation:

hope this will help u plz mark me as the brainliest.