Question

Which demand forecasting technique is appropriate for forecasting jersey of ABC
Company? Explain with justifications.
b. What type of pricing policy should the ABC Company apply?

Answer 1

Answer:

The most common forecasting method is to use sales volumes of existing products to forecast demand for a new one. This method is particularly useful if the new product is a variation on an existing one involving, for example, a different colour, size or flavour. Please mark me as brainliest