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.
Which input device is commonly used to control the movement of a cursor on a computer screen?
Which of the following is commonly used to restrict access to a computer system?
MIME is an acronym for ....
Information, a combination of graphics, text, sound, video and animation is called:
Which of the following is the fastest type of computer?
Which key is used to search for any Spelling mistake on a document ?
___________ are rules that exist at several levels in a telecommunication connection.
Which device is used to convert internet services into different paths?
The main webpage of a website is also known as -
A(n) ______ appearing on a web page opens another document when clicked .