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Why is knowing (or estimating) the product demand so crucial for a firm? What

by | Jun 22, 2022 | Business and Management | 0 comments

 

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Why is
knowing (or estimating) the product demand so crucial for a firm? What
are the differences between estimating and forecasting demand?
In
your response, include an example of a business that has suffered from
poorly forecasting the demand of its products. Evaluate how or why the
business made such a mistake.

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