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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.
Directions (106-107): Choose the word/group of words which is most opposite in meaning to the word/group of words printed in bold as used in the passag...
Choose the word/group of words which is opposite in meaning to the word/ group of words printed in bold as used in passage
CONSENSUS
...How does the wind keep the desert floras to grow?
Which of the following is the second sentence of the passage?
What is the time-limit to meet Basel III Capital Regulations for Indian lenders?
What does the data from the National Health Profile 2017 show?
Why were all the judges who revolted, were upset with the CJI?
What can be a reason for the ruining of the marine food web?
Can we infer from this passage that it is possible to resolve the issue of stressed assets?
Choose the word/group of words which is most opposite in meaning to the word/group of words printed in bold as used in the passage.
depleted