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GRADED ACTIVITY NO. 1 (Assignment No.

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.)

ANSWERS:

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