almerbagcat almerbagcat
  • 19-05-2021
  • English
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Discuss meaning and significance of Demand Forecasting

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Leah2Leah
Leah2Leah Leah2Leah
  • 19-05-2021

Answer:

Demand forecasting is a process that takes historical sales data and uses it to make estimations (or forecasts) about customer demand in the future. For enterprises, demand forecasting allows for estimating how many goods or services will sell and how much inventory needs to be ordered.

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