#25 Types of Demand Forecasting | Student Notes | скачать в хорошем качестве

#25 Types of Demand Forecasting | Student Notes |

=============================== ✅ What is Demand Forecasting ✅    • #22 What is Demand Forecasting | Student N...   =============================== ✅ Importance of Demand Forecasting ✅    • #23 Importance of Demand Forecasting | Stu...   =============================== ✅ Factor Affecting Demand Forecasting ✅    • #24 Factor Affecting Demand Forecasting | ...   =============================== ✅ Types of Demand Forecasting ✅    • #25 Types of Demand Forecasting | Student ...   ============================== ✅ Fishbone Diagram ✅    • #15 Fishbone Diagram - 7 QC Tool  | Meanin...   ============================== ✅ Check sheet ✅    • #16 Check sheets - 7 QC Tool | Meaning | E...   ============================== ✅ Flow Chart Diagram ✅    • #17 Flow Chart Diagram - 7 QC Tool | Meani...   ============================== ✅ Pareto chart Diagram ✅    • #18 Pareto Chart Diagram - 7 QC Tool | Liv...   ============================== ✅ Control Chart Diagram ✅    • #19 Control Chart Diagram | 7 QC Tool | Me...   ============================== ✅ Scatter Diagram ✅    • #20 Scatter Diagram - 7 QC Tool | Meaning ...   ============================== ✅ Histogram Diagram ✅    • #21 Histogram Diagram - 7 QC tool | Meanin...   ============================== ======================================= 📕 Production and Operation Management Book Series 📕    • Production & Operation Management Book Series   ======================================== 📕 Advertising Management Book series 📕    • Advertising Management Book series   ======================================== 00:00 Intro 00:29 Passive demand forecasting 01:50 Active demand forecasting 02:24 Short-term demand forecasting 03:17 Long-term demand forecasting 04:27 Internal Demand Forecasting 05:08 External Demand Forecasting Types of Demand Forecasting 1.) Passive demand forecasting 2.) Active demand forecasting 3.) Short-term demand forecasting 4.) Long-term demand forecasting 5.) Internal Demand Forecasting 6.) External Demand Forecasting 1.) Passive demand forecasting It does not require deep knowledge of statistical methods to calculate future demand. This method needs a lot of historical data past sales data to predict future sales demand. Management can compare the data period to period and season to season. This method fits the business that wants to maintain stability rather than pursuing growth. 2.) Active demand forecasting Active demand forecasting is used by the industries that are new in the market (no historical data) or currently in a growth phase. An active demand forecasting model help to study marketing or product development, competitive environment, economic environment, expansion plans, etc. 3.) Short-term demand forecasting Forecasting that falls under the period of one year is known as short-term demand forecasting. It involves decisions related to day-to-day working. It covers policies relating to sales, purchases, pricing, and finances that will ultimately assist in managing the supply chain and responding the customer demand quickly. 4.) Long-term demand forecasting 5.) Internal Demand Forecasting 6.) External Demand Forecasting