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1. Trend projection Here data of past sales is used to project future sales. This is the simplest and most straightforward method of demand forecasting. 2. Market research This is based on data from customer surveys. Time and effort is required to prepare and send out surveys and tabulate data. 3. Sales force composite This method uses the experience of the sales team in a company. Feedback from the sales group is used to forecast customer demand. 4. Delphi method Demand forecasting experts from outside the firm are involved in this method. Several rounds of questionnaires are held which are to be responded anonymously until the group of forecasting experts comes to a consensus. 5. Econometric A mathematical formula is created to predict future customer demand. Here, statistical tools and economic theories are combined to estimate the economic variables and to forecast the intended variables.
Statements:
Only a few Orange are Apple
Some Orange are not Mango
Some Mango are Pear
Conclusions:
I. All Apple are O...
In the question below some statements are given followed by two conclusions I and II. You have to take the given statements to be true even if they see...
Statements: Some papers are copies.
No copy is a diary.
Some diary are cardboard.
Conclusions:I. No diary is papers.
II. S...
Statements:
Only a few Hospital are Mall
Some Mall are School
No School are Station
Conclusion:
I. Some Hospital are ...
In the question below there are three statements followed by three conclusions I, and II. You have to take the three given statements to be true even i...
In the question below there are three conclusions followed by four statements in the options. You have to take the four given statements to be true eve...
In each question below are given three statements followed by three conclusions numbered I, II and III. You have to take the two given statements to be...
Statements: No triangle is a cuboid.
Some cuboids are pentagons.
All hexagons are cuboids.
Conclusions: I. At least some pentagon...
Statements-:
Some A are B
No B are C
All C are D
Conclusions :-
I. Some A are not B.
II. No A are C.<...
Statements:
Some planet are constellation.
Only constellation are universe.
15% constellation are star.
Conclusions:
...