Trent projection statistical method of Demand Forecasting
Explain the Trent projection statistical method of Demand Forecasting.
Expert
Trent projection method: In this method, demand is estimated at the basis of analysis of past data. Such method utilizes time series as data over a period of time. Now there we try to ascertain the trend within the time series. Trend within the time series can be estimated using free hand method or least square method and/or semi-average method or moving average method.
Illustrates the factors governing prices and pricing decision in briefly?
Illustrates the plethora of definitions regarding subject matter of economics?
Illustrates the internal economies of scale?
Critics of “credentialism” believe which firms making employment decisions tend to rely much heavily on: (1) personal contacts. (2) past experience. (3) personality testing. (4) job interviews. (5) formal training and education.
When the real wage raises, in that case an additional unit of: (w) labor supplied will buy fewer goods. (x) leisure is more expensive. (y) output need more labor time. (z) capital becomes more highly utilized. Can
Demand for labor of this purely competitive firm in given figure corresponds to: (1) line segment ab. (2) line segment bd. (3) line segment be (4) line segment df. (5) line segment dg. Q : Relation between Average Revenue Illustrates the relation between Average Revenue, Total Revenue and Marginal Revenue?
Illustrates the relation between Average Revenue, Total Revenue and Marginal Revenue?
General training occurs while a: (w) secretary learns a new office procedure. (x) handyman learns to drive a semi-truck. (y) messenger learns the company’s in-house mail route. (z) navy recruit learns how to repair a guided missile.
Explain about the control of business cycle.
When all labor were fundamentally very similar then, in long run equilibrium for purely competitive labor markets as: (w) money wages will be equal for all workers. (x) the net advantages of working in various occupations will be equa
18,76,764
1939270 Asked
3,689
Active Tutors
1452480
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!