methods which rely on quantitative data
Methods which rely on quantitative data:
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q avoiding surplus and inadequate productiondemand forecasting is essential for the new and old organisations it is somewhat necessary if an
q show the importance of demand forecastdemand forecast for a particular commodity furthermore offers recommendations for demand forecast of
the market demand curvequantity of a commodity that an individual is willing to buy at a particular price of the commodity during a specific time
no demand forecasting method is 100 accurate collective forecasts develop precision and reduce the probability of huge mistakes methods which
methods which rely on quantitative data rule-based forecasting data mining quantitative analogies discrete event simulation neural networks
explain the demand for a commoditythe functional relationship between demand for a commodity and its various determinants may be expressed
prediction markets these are speculative markets fashioned with the intention of making predictions assets which are produced possess an ultimate
q explain about delphi methoddelphi method this is a systematic interactive forecasting method that depends on a panel of experts experts answer
state the traditional demand theoryso an over-simplified and the most commonly stated demand function is dx f px thatconnotes that demand for
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