This graded activity asks students to summarize their key takeaways about demand estimating and forecasting in relation to the comparison of estimating vs forecasting, their relationship, features of forecasting, the forecasting process, and determinants of demand. Students are also asked to explain the importance of demand estimating and forecasting for managers in 3 sentences or less.
This graded activity asks students to summarize their key takeaways about demand estimating and forecasting in relation to the comparison of estimating vs forecasting, their relationship, features of forecasting, the forecasting process, and determinants of demand. Students are also asked to explain the importance of demand estimating and forecasting for managers in 3 sentences or less.
This graded activity asks students to summarize their key takeaways about demand estimating and forecasting in relation to the comparison of estimating vs forecasting, their relationship, features of forecasting, the forecasting process, and determinants of demand. Students are also asked to explain the importance of demand estimating and forecasting for managers in 3 sentences or less.
1) Final Period Topic: Demand Estimating and Forecasting (Part 1)
This is 100 points graded activity. Do the following:
1. Write your takeaways and insights about demand estimating and forecasting Taking into consideration the following matters: (70 pts.) a. Comparison of demand estimating and demand forecasting b. Relationship of demand estimating and demand forecasting c. Features of demand forecasting d. Demand forecasting process e. Determinants of demand forecasting 2. Explain the importance of demand estimating and forecasting to managers. (30 pts.)