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.
The divisor is 35 times the quotient and 7 times the remainder. If the quotient is 18, the dividend is :
The numerator of a fraction is 2 less than its denominator. If the numerator is decreased by 2 and the denominator is increased by 3, the denominator be...
If the sum of two numbers is 33 and their difference is 15, the smaller number is
Sum of squares of three consecutive numbers is 1325. Find the sum of first and third number.
The product of four consecutive numbers is always divisible by which of the following numbers?
A Student was asked to add 8 and subtract 5 from a number. By mistake, he added 5 and subtracted 8. If his answer is 11, what should be the correct answer?
Find the number of even numbers between 12 and 30.
120 is divided into two parts in such a way that the sixth part of the first part and the seventh part of the second are in the ratio 5 : 6. How much pe...