What is consensus forecast?how its used?what are the
FORECAST models invovled in?
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Answer Posted / mohammed
In simple consensus forecast is arriving an average figures
by taking eg.. production forecast qty, marketing
forecasting qty and planned qty.. and so on..
Eg. Production forecast:200 nos. Marketing Forecas qty:250,
you can arrive the consesus forecast qty is 225qty.
I hope this will help you..
MOHAMMED
SAPTEQ GLOBAL CONSULTING SERVICES,
SAPTEQ@GMAIL.COM
WWW.SAPTEQ.COM
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