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Demand Forecasting
SUBJECT : Managerial Economics
PUBLISHED ON : 12/03/14
NUMBER OF PAGES : ( 11 Pages)
PRICE : Rs 8.25

A forecast is a prediction or estimation of a future situation.Many business decisions are taken under some risk and uncertainty.The aim of forecasting is to some extent, reduce the risk that the firm faces. In short, the demand forecast means estimation of the demand for the good in question in the forecast period.

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