Скачать или смотреть Objectives of Demand Forecasting | Economics | VNSGU B.Com sem 1 |First Year B.Com

Objectives of Short term Demand Forecasting:

To formulate appropriate production policy so as to avoid over production and shortage of supply.
To reduce the cost of purchase of raw materials and to control inventories.
To determine appropriate price policy for achieving the desired results.
To fix sales targets based on demand estimation.
To evolve a suitable advertising & sales promotional programme
To arrange for short term financial requirements, such as working capital

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