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10. What do you mean by forecasting? Explain about its uses and limitations |
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Answer» tion:HYY.. ⭐Forecasting is the process of MAKING PREDICTIONS of the future based on past and present data and most commonly by analysis of trends. ⭐uses and LIMITATIONS-- The time frame for a sales forecast varies from a week or month to a year or more. The two major types of forecasts are QUALITATIVE and quantitative follow me ✌️ |
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