Demand forecasting is predictingfuture demandfor .a 'product'What are

1.	Demand forecasting is predictingfuture demandfor .a 'product'What are the possible consequencesif a large-scall firm placesits product in the market withouthaving estimated the demand forits product
Answer» Explanation: Sales forecasting helps with BUSINESS planning, budgeting, and goal setting. Once you have a good understanding of what your future sales COULD look like, you can begin to develop an informed procurement strategy to MAKE sure your supply matches customer demand. It allows businesses to more EFFECTIVELY optimize INVENTORY, increase inventory turnover rates and reduce holding costs.

Demand forecasting is predictingfuture demandfor .a 'product'What are the possible consequencesif a large-scall firm placesits product in the market withouthaving estimated the demand forits product

Answer»

Explanation:

Sales forecasting helps with BUSINESS planning, budgeting, and goal setting. Once you have a good understanding of what your future sales COULD look like, you can begin to develop an informed procurement strategy to MAKE sure your supply matches customer demand.

It allows businesses to more EFFECTIVELY optimize INVENTORY, increase inventory turnover rates and reduce holding costs.

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Demand forecasting is predictingfuture demandfor .a 'product'What are the possible consequencesif a large-scall firm placesits product in the market withouthaving estimated the demand forits product​

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Demand forecasting is predictingfuture demandfor .a 'product'What are the possible consequencesif a large-scall firm placesits product in the market withouthaving estimated the demand forits product