1.

Demand analysis, forecasting, production & cost analysis, inventory management are _____ Economics applied to operational or internal issues

Answer»

Answer:

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Explanation:

Demand FORECASTING is a combination of two words; the FIRST ONE is Demand and another forecasting. Demand means outside requirements of a product or SERVICE. In general, forecasting means making an estimation in the present for a future occurring event. Here we are going to discuss demand forecasting and its usefulness.



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