SUPPOSE YOU ARE THE MARKETING MANAGER OF BAYER AND COMPANY AHMEDABAD, WHICH ARE THE TECHNIQUES YOU WILL APPLY IN FORECASTING DEMAND OF A PRODUCT YET TO BE MANUFACTURED.
AS A MARKETING MANAGER OF BAYER AND COMPANY , I WILL APPLY FOLLOWING TECHNIQUES IN FORECASTING DEMAND OF A PRODUCT YET TO BE MANUFACTURED :
Demand Forecasting Methodology
To obtain the most accurate forecasting results, market response forecasting and time series forecasting are used together to predict a demand.