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.
States the functions and responsibilities of managerial economist?
In 2007 year, relative to men along with comparable education and experience, working women earned average wages which were roughly: (w) 25%-35% of the average wages for men.. (x) 70%-80% of the average wages for men. (y) 80%-90% of the average wages
Explain the role of demand factor in pricing briefly.
Illustrates the term Demand Function?
Give a brief introduction of the term P/V ratio and Contribution?
As the labor market within a purely competitive economy is into equilibrium: (1) the marginal benefits by unemployment exceed unemployment compensation. (2) the marginal benefits and marginal costs from employment are equal. (3) econo
Illustrates the private cost of production?
Explain the meaning of total, average, marginal and incremental revenue.
Illustrates the important question regarding the managerial economics?
Illustrates the term economic cost concept briefly?
18,76,764
1929433 Asked
3,689
Active Tutors
1420995
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!