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Demand Forecasting Techniques Explained by Saloni Sanghavi is a document available to read on EtoBox.

Demand forecasting is a scientific process of making reasonable judgments about future market conditions based on statistical analysis, rather than speculation. It is important for effective planning and reduces risk. Factors that influence demand forecasting include the time frame, whether the product is new or established, and classification as consumer/producer goods. Accurate forecasting allows companies to set production schedules, inventory levels, pricing, sales targets, and long-term financial and s

Author

Saloni Sanghavi

Language

EN