Describe the Long term Demand Forecasting
Describe the Long term Demand Forecasting.
Expert
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.
The firm in this illustrated graph is clearly: (1) price taker in the sale of its output because of the shapes of the VMP and MRP curves. (2) price taker in the purchase of labor when this can hire as several workers as this chooses at roughly of $13 per hour. (3) mon
Illustrates the fundamental characters of human existence given by Lionel Robbins?
The rental value of a high quality piece of agricultural land timely era is: (w) negatively associated to the price of agricultural output this could produce. (x) unrelated to the costs of its cultivation. (y) equal to the saving of production costs a
Illustrates the terms total cost, average cost and also marginal cost?
challenges of Equilibrium picing in devloping countries
Illustrates the Importance of managerial economics?
Illustrates the Demand function of a commodity?
Wages tend to increase while labor demand: (w) and supply both decrease. (x) decreases and supply increases. (y) and supply both raise. (z) increases and supply decreases. Please choose the right answer from above.
Illustrates the private cost of production?
Illustrates the case of customary pricing with details?
18,76,764
1957985 Asked
3,689
Active Tutors
1452178
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!