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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.
Which of the following maxims is not related to the law of Contract?
Which chapter of the IPC delas with offences affecting human body?
Under section 77 of the Bharatiya Sakshaya Adhiniyam the reference to the ____________________ have been removed
What shall be the composition of the Central Information Commission constituted by the Central Government under the RTI Act?
According to the Depositories Act no depository shall act as a depository unless it obtains a certificate of commencement of business from the__________...
Under section 122 of the Act, privilege is available to________
Section 114A was introduced by the Criminal Law Amendment Act, 1983 following the widespread protest against the judgment in the_______.
IPC delas with kidnapping___________
What does the principle of Ignorantia Juris Non Excusat assert?
Under which Section of the Specific Relief Act, 1963 the court has been empowered to engage expert in any suit?