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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.The air was so still that there was hardly a ………. on the pond’s surface.
II.When she heard the news, a ………. of excitement passed ...
It would be a sad day if another PT Usha were to go on to _________ losing a sporting medal to unhygienic food.
In the question below, a sentence is given which has a blank, meaning something has been omitted. From the options below, choose the correct combinatio...
Select the most appropriate option to fill in the blank.
I don’t think your sister is enjoying the party. She ______ at her watch for the last ...
Fill in the blanks with appropriate words from the alternatives given below each sentence.
He advised me, “You had better ______ now”. <...
Select the most appropriate idiom in the given context to fill in the sentence.
During the staff meeting there was a lot of ruckus since many ...
The special campaign featuring the ferocious, talking dinosaur has been ___________ by the United Nations Development Programme to urge more climate act...
Fill in the blanks using the correct tense of the verbs given in brackets.
The earth _____(move) round the sun.
He felt _____________ than he had for a long time.