DEMAND FORECASTING IN HINDI | Concept, Uncertainties and Coping with uncertainties | BBA/MBA | ppt
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PROJECT PLANNING AND EVALUATION IN HINDI - 2
This video consists of the following:
1. Meaning and Concept of Demand Forecasting in hindi
2. Uncertainties in demand forecasting
- Data about past and present market
i. Lack of standardization
ii. Few observations
iii. Influence of abnormal factors
- Methods for forecasting
i. Inability to handle unquantifiable factors
ii. Unrealistic assumptions
iii. Excessive data requirement
- Environmental changes
i. Technological changes
ii. Shifts in Government policy
iii. Developments on the international scene
iv. Discovery of new sources of raw materials
v. Condition of monsoon
3. Measures for coping with uncertainties in demand forecasting
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