How is the Demand forecasting important
How is the Demand forecasting important?
Expert
Demand forecasting is a very vital tool for marketing management. This is also helpful in forward planning and decision making. This enables the firm to produce right quantities at right time and arrange suitably in advance for the factors of production.
Explain about leading indices.
When a firm is a price taker in the sale of its product, in that case labor’s: (w) ARP (Average Revenue Product) = MRP. (x) ARP = VMP. (y) VMP > MRP. (z) VMP = MRP. Can someone explain/help me with best so
By the following choices in this illustrated graph, this worker would be happiest at point: (w) point a. (x) point b. (y) point c. (z) point d. Q : Explain the decision making areas of Explain the decision making areas of the decision making.
Explain the decision making areas of the decision making.
What are the Methods of Demand Forecasting?
Increasing the wage from $9 to $15 will cause Plastibristle’s total hourly wage payments to: (w) rise by about $900. (x) rise by about $1500. (y) fall by about $900. (z) fall by about $1500. <
Explain about the control of business cycle.
Explain the meaning of price.
Illustrates the internal economies of scale?
Refer to figure as in above. What occurs when the firm produces more than Q4 units: w) Its profit raises. x) this makes a loss. y) Its total revenue is increasing quicker than its whole cost. z) this could make a profit or a loss depending upon what occurs
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