Demand Forecasting | Learning Outcomes

Upon successful completion of this module, you will be able to:

Define demand forecasting
List the various categories of demand forecasting
Explain the typical steps for a systematic demand forecasting
Discuss the subjective methods of demand forecasting
Distinguish between the various types of quantitative methods of demand forecasting
List the problems with regression analysis

Module 1: Demand Forecasting

Module 1: Demand Forecasting

Demand Forecasting – Learning Outcomes

Importance of Demand Forecasting

Subjective Methods of Demand Forecasting

Quantitative Methods of Demand Forecasting

Demand Forecasting – Lesson Summary

Module 2: Theory of Production

Theory of Production – Learning Outcomes

The Concept of Production

The Law of Diminishing Return

The Long Run Production Analysis

The Production Functions

Theory of Production – Lesson Summary

Module 3: First Course Assessment

First Course Assessment

Module 4: Theory of Costs

Theory of Costs – Learning Outcomes

Categories of Production Costs

The Short Run and Long Run Analyses

The Break-Even Analysis

Profit Volume Ratio and Margin of Safety

Economies of Scale

Theory of Costs – Lesson Summary

Module 5: Second Course Assessment

Second Course Assessment

Course assessment

Course Assessment

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