--%>
Assignment Help - homework help

Describe the Long term Demand Forecasting

Describe the Long term Demand Forecasting.

E

Expert

Verified

It forecasting is meant for long period. The significant purpose of long term forecasting is specified below:

1. Planning of expansion of existing or a new unit on the basis of analysis of long term potential of the product demand.

2. Planning long term financial requirements on the basis of long term sales forecasting.

3. Planning of manpower requirements can be made upon the origin of long term sales forecast.

4. To forecast future problems of energy crisis and material supply.

   Related Questions in Managerial Economics

  • Q : Occupational Licensing The capability

    The capability of otherwise qualified workers to involve in particular careers or enter specific professions is probably most inhibited from: (1) occupational licensing. (2) wage discrimination. (3) segregation in our school system. (4) union labor contracts. (5) scre

    		•
  • Q : Explain the Economies of Scale Explain

    Explain the Economies of Scale.

    		•
  • Q : Explain about leading indices Explain

    Explain about leading indices.

    		•
  • Q : Introduction of the term P-V ratio Give

    Give a brief introduction of the term P/V ratio and Contribution?

    		•
  • Q : Objectives and importance of managerial

    What are the objectives and importance (Uses) of managerial Economics?

    		•
  • Q : Value of the Average Product Hulk is a

    Hulk is a fitness counselor who coaches five clients at a time during exercise groups at Beefcake Body Builders. Hulk’s hourly wage is of $17, and Beefcake charges his clients $20 for every hour-long conditioning session. Therefore average value of produ

    		•
  • Q : Aggregate Supplies of Labor Into the

    Into the short run, the labor supply in an economy based least on: (1) population size and labor force participation rate. (2) individuals’ preferences between leisure and income from work. (3) the demand for labor. (4) rates and structures of w

    		•
  • Q : Competitive Labor Markets Need

    Competitive equilibria in competitive labor markets need: (w) P = MR = AVC. (x) VMP - P is maximized. (y) VMP = MRP = MFC = w. (z) output is at a break-even level. (q) MPP = P. Can anybody suggest me the proper exp

    		•
  • Q : Illustrates the internal economies of

    Illustrates the internal economies of scale?

    		•
  • Q : Illustrate signalling by example If

    If interviewing for a job like a bill collector for a loan shark, Bob mentions his degree into martial arts by the Hard Knox Reformatory, his summer internship along with BreakUrLegs, Inc., as well as his family links. Bob’s casual discussion of such credentials

    		•