Assignment:
This is a forum post. I need 250 words to answer this question; I need an aditional 75 words to post on someone else postWhy is knowing (or estimating) the product demand so crucial for a firm?
In your response, include an example of a business that has suffered from poorly estimating the demand of its products. Evaluate how or why the business made such a mistake.
To keep our discussion more interesting, please use examples that are not from our textbook.