Question: What is demand forecasting and explain any five methods used in demand forecasting to improve organizational performance. Distinguish between MRP1 and MRP2 and explain two

What is demand forecasting and explain any five methods used in demand forecasting to improve organizational performance. Distinguish between MRP1 and MRP2 and explain two advantages of each inventory management

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The detailed answer for the above question is provided below aDemand forecasting is the process of predicting the future demand or sales of a product ... View full answer

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