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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.
What are the various conditions on the basis of which a retiring auditor may be re-appointed at an annual general meeting as per the Companies Act?
A fact not otherwise relevant becomes relevant under s.11 of the Indian Evidence Act, on the grounds of _________?
A fact if after considering the matters before it, the Court either believes that it does not exist is said to be-
Which of the following amendment is known as the Mini-Constitution?
Under which Act the Site Appraisal Committee can be constituted?
Which of the following amendment is known as the Mini-Constitution?
For refreshing memory a witness may refer a writing_____.
When a conciliation is ongoing on a subject matter of dispute between the parties, ____________
Who is considered a "complainant" under the Consumer Protection Act?
As per the definition of Prospectus under the Companies Act a prospectus means and includes___________