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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.
Jawaharlal Nehru was the chairman of which of the following committees of the constituent assembly?
1. Union Powers Committee
2. States Co...
In which year did India become a republic?
The constitutional head of the state” governor” is appointed by
Which of the following is Provisional Parliament of India?
To provide early childhood care and education for all children until they complete the age of six years' is a provision made in the ---
Who can make laws for Union Territories on any subject under the three lists Viz. union list, state list and concurrent list?
The First Law Officer of the Government of India is :
What is another name for the 1909 Indian Council Act?
Which of the following is not correct with reference to National Emergency?
Which Constitutional Amendment Act is known for introducing the Anti-Defection Law in India?