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Forecasting Methodology
Essay specific features
Written by:
Charlene N
Date added:
October 18, 2015
Level:
University
Grade:
A
No of pages / words:
6 / 1453
Was viewed:
1881 times
Rating of current essay:
Essay content:
Many times, this unique approach is used not only to provide a baseline, but also to offer a prediction into the corporation's future. In the functional areas of finance and accounting, forecasts provide the basis for budgetary planning and cost control. Marketing relies on sales forecasting to plan new products, compensate sales personnel, and make other key decisions...
displayed 300 characters
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Marketing relies on sales forecasting to plan new products, compensate sales personnel, and make other key decisions. Production and operations personnel use forecasts to make periodic decisions involving process selection, capacity planning, and facility layout, as well as for continual decisions about production planning, scheduling, and inventory...
displayed 300 characters
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