Illustrates the Expert Opinion method of Demand Forecasting
Illustrates the Expert Opinion method of Demand Forecasting?
Expert
Expert Opinion: Apart from consumers and salesmen, distributors or outside professionals may also be used for forecast. Firms in advanced countries as USA and UK, utilize outside experts for estimating future demand. Different public and private agencies sell periodic forecast of long or short term business conditions.
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Differentiates between short run and long run costs?
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