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a trend line can be fitted through a series graphically old values of sales for different areas are plotted on a graph and a free hand curve is drawn
an ole firm can use its own data of past years regarding its sales in past years these data are known as time series of sales a firm can predict
statistical methods are considered to be superior techniques of demand estimation becausea the element of subjectivity in this method is
this method is also known as experts opinion methods of investigation in this method instead of depending upon the opinion of buyers and salesmen
this is also known as sales force opinion method in this method instead of consumers the opinion of the salesmen is sought it is sometimes referred
sample survey and test marketing under this method some representative households are selected on random basis as samples and their opinion is
survey methods the most direct method of forecasting demand in the short run is survey method surveys are conducted to collect information about
methods of forecasting the various methods of forecasting demand may be grouped under the followings categoriesopinion polling method in this
criteria of a good forecasting method1simplicity and ease of comprehension management must be able to understand and have confidence in the
this involves the characteristics of the production human as well as non human using the product concerned for example it may pertain to the number
the sales of a company are the part of the total sales of industry if the conditions of industry changes then the sales of each of the firm in the
the data used for this project are contained in the eviews-files before you start working copy the files on a local drive and use the copied files
the availability of credit and hire purchase facility tends to push up the demand for consumer durables in india for consumer durables lie
socio economic conditions of country also affect the sales forecasting they may include total national income per capita income standard of living of
the total demand consists of1 new owner demand and2a replacement demandthe replacement demand tends to grow with the in the total stock with the
price the price factor is another important variable to be included in demand analysis here one has to consider the prices of the product and also
q1 how many types of software organization explain each organization style with a suitable exampleq2 what are the factors that influence the
suppose the demand curve for a consumer for coffee isq 6 ndash 2pwhere q represents the number of cups per day and p is the price of coffee per
suppose the demand curve for a consumer for coffee isq 6 - 2pwhere q represents the number of cups per day and p is the price of coffee per
1 the 787 billion stimulus package american recovery and reinvestment act passed in winter 2009 contained a mix of tax rebates tax credits and
1 a suppose that several months of data showed the cpi increasing at a 45 annual rate due largely to increases in the price of energy and food
1 the economy cannot be considered fully employed unless the measured unemployment rate is below 1 agree or disagree and explain your answer in a
cost minimizationa what are the expressions for the marginal product of every of the two inputs in producing credit hoursb what is the
profits university creates student credit hours y with two inputs professors hours of work x1 and tas hours of work x2 according to the manufacture