Start learning 50% faster. Sign in now
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.
Which of the following terms specifically refers to the practice of rearing stingless bees?
Which among the following is not a plant derived antioxidant?
The amount of water in the soil that percolates downward under the influence of gravity and reaches the water table is called……………….
...Arrange the following steps in the correct sequence for implementing an agricultural extension programme
(A). Developing extension materials
...The sowing of maize in kharif season in 2 ha and the sowing of mustard in Rabi season in one hectare, what is the intensity of crop?
Under agroforestry system, ____________ tree shows shows allelopathic effect on cultivated crops
Kranz anatomy is seen in ______plants.
Millets are a highly varied group of small-seeded grasses, widely grown around the world as cereal crops or grains for fodder and human food. Which is n...
The O horizon in soil is typically absent in:
Skimmed milk contains how much % of fat content?