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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.
I. 4x2 + 9x - 9 = 0
II. 4y2 - 19y + 12 = 0
I. x − √2401 = 0
II. y2 − 2401 = 0
I. p² - 10p +21 = 0
II. q² + q -12 = 0
Equation 1: x² - 220x + 12100 = 0
Equation 2: y² - 210y + 11025 = 0
In the question, two equations I and II are given. You have to solve both the equations to establish the correct relation between x and y and choose the...
What will be the product of smaller roots of both equations.
Solve the quadratic equations and determine the relation between x and y:
Equation 1: 33x² - 186x + 240 = 0
Equation 2: 35y² - 200y + ...
How many values of x and y satisfy the equation 2x + 4y = 8 & 3x + 6y = 10.
I. 2x² - 9x + 10 = 0
II. 3y² + 11y + 6 = 0
I. x2 - 17x + 70 = 0
II. y2 - 11y + 28 = 0