Ravi Teja Yerra posted an Question
January 29, 2021 • 19:13 pm 30 points
  • UGC NET
  • Management

Demand forecasting

what is demand forecasting? what are the methods or techniques of demand forecasting?

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  • Priya sindhu

    Demand forecasting - is a process of estimating future outcomes it can be done in two ways quantitative and qualitative methods .(1) quantitative methods - its is done by using data and numerical figures collected in the past and using theses to estimate future outcome eg: time series analysis, sampling, regression ect, (2) qualitative methods are factual and opinions based data no numerical data is involved in this ,it totally based on expert opinions and collecting non numerical data eg : survey, experts opinions method, polls ect.

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    Ronak kumari upadhyay

    Dear student you can chk the attachment

    cropped3138748981233435902.jpg
    cropped802305668519071607.jpg
    eduncle-logo-app

    thankyou. i understiod the meaning. but what are the types of demand forecasting

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