--%>
Assignment Help - homework help

Illustrates the types of Demand Forecasting

Illustrates the types of Demand Forecasting?

E

Expert

Verified

Based upon planning requirements and the time span of business firms, demand forecasting can be categorized as given below:

Short term demand forecasting:

Short term Demand forecasting is restricted to short periods, generally for one year.

Long term demand forecasting:

It is meant for long period.

   Related Questions in Managerial Economics

  • Q : Explain Exceptional Demand Curve

    Explain Exceptional Demand Curve.

    		•
  • Q : Objectives and importance of managerial

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

    		•
  • Q : Resources and Products Flow Model I

    I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. The eventual owners of all resources and products in the society are as follows: (i) households. (ii) Firms. (iii) The tax-paying public. (iv

    		•
  • Q : Illustrates the major objectives of

    Illustrates the major objectives of demand analysis?

    		•
  • Q : Advantages and disadvantages of Trend

    What are the advantages and disadvantages of trend projection method?

    		•
  • Q : Process of Automation Automation is the

    Automation is the process of: (1) adapting equipment which is safer for workers to operate. (2) kinetic engineering which smoothes flows of work on an assembly line. (3) scientific management of robotic factories. (4) substituting sophisticated machin

    		•
  • Q : Implicit Labor Contracts If workers

    If workers accept lower wages in exchange for employer assurances of enhanced job security, employment agreements are illustrations of: (i) credentialism. (ii) comparable worth. (iii) specific training. (iv) an implicit labor contract. (v) human capital.

  • Q : Determine market supply of labor The

    The market supply of labor is the sum of the: (1) quantities of labor supplied by households at each wage. (2) wages paid to households for each quantity supplied. (3) quantities demanded by firms at each wage. (4) marginal products of labor at each l

    		•
  • Q : Explain the Opinion Survey method of

    Explain the Opinion Survey method of Demand Forecasting.

    		•
  • Q : Investment in Specific Human Capital An

    An investment in specific human capital arises while: (w) Chandra learns Japanese to be eligible for a potential job in Tokyo. (x) Chele has a face lift so she can increase her fees for high-fashion modeling. (y) Chelsea practices playing a harp and a

    		•