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Analysis of Demand Forecasting

Demand-Forcasting

Enforcement methods used and forecasting the demands

The enforcement method used is the Trend Project method. This method is the most classical business forecasting method that considers the movement of variables about time. It is the quantitative method that requires secondary data. The data should be long-time serial data that can help in predicting the demand for a product. This is only applied to long term series data.

Forecasting the demand

As discussed the Trend Perfect method uses the data that is in series, so to forecast the demand sales data of the previous year. . .

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