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Zielflug [23.3K]
3 years ago
12

Discuss meaning and significance of Demand Forecasting

English
1 answer:
neonofarm [45]3 years ago
7 0

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.

Explanation:

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