Solved: Why is knowing or estimating the product demand so crucial, Basic Computer Science

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Why is knowing or estimating the product demand so crucial

Why 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.

In 250 words, APA format with references.

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