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Write short notes on: (A)Trend Method (B)Regression Method (C) Graphic Method.
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written 24 months ago by
prajapatijaimin
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Solution:
Trend Projection Method:
A firm that has been in existence for some time will have accumulated considerable data on sales during different periods. Such data when arranged chronologically yield time series.
Time series relating to sales represent the past pattern of effective demand for a particular product.
Such data …
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