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.
F3 generation is obtained by:
The minimum tillage, wherein primary tillage is completely avoided and secondary tillage is restricted to seedbed preparation in the row zone only, is:
DDT mainly affects which system of insect body?
Which gene is responsible for tolerance to water deficit and salinity in rice?
When rocks break down because of chemical reactions, it is called ______.
Biological control is the use of living organisms to suppress pest populations, making them less damaging than they would otherwise be. The term biolog...
Which part of sugarcane is preferred for sowing?
What is the primary function of Woody Hedgerows in Agroforestry?
Which of the following class of compounds shows H-bonding even more than in alcohols?
In first Five Year Plan, percentage of agriculture and allied sector to total outlay is