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What are the methods of sales forecasting?
Sales forecasting methods are basically used as tools of business for self-assessment. Through these, we can predict the levels of sales and demands accurately for a specific time period. These are generally based on past and current data. Forecasting is a unique way to look into the future by analysing the trend and by staying aware of the present economic conditions. The general methods of sales forecasting are:
- Time series analysis method.
- Sales force estimation method.
- Jury or executive opinion method.
- Delphi method.
Through this, we only get to know about the basics of forecasting methods. To know more in details and to solve more queries, seek services from Methods of Sales Forecasting Homework help.
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