Question
When a marketer thinks that there is a demand for the
product in the market but in reality, there is isnât, it is known as _______ demand.Solution
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.
If âCLEANâ is coded as âDNHESâ, then what is the code for â COURT â?
Which of the following word is coded as âpzâ?
In a secret language 7 is coded as E, 5 is coded as R, 2 is coded as A, 1 is coded as T, 4 is coded as 0, 6 is coded as L and 3 is coded as K. What does...
In a certain code language, âPLATFORMâ is coded as âOTQHVCNRâ and âDEMANDâ is written as âFPCOGâ. How will âVANISHâ be written in th...
In a certain code language ‘LAPTOPS’ is written as ‘QBMTTQP’ and ‘STARE’ is written as ‘UTAFS’. How is &...
What is the code of âDesignâ?
. If 'PEAR' is written as 'REAP', then 'MAINâ is written as
How can âNot ever forgottenâ be written as in the above code language?
In a certain code language, âSAPLINGâ is coded as '14' and âCHEMISTâ is coded as '152'. What is the code of word âMANLYâ in the same coding ...
If PAPERS is coded as 69, then SMOOTH is coded as?