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3. Demnand Forecasting

Quantitative Methods of Forecasting 1.Causal –There is a causal relationship between the variable to be forecast and another variable or a series of variables. (Demand is based on the policy, e.g. cement, and build material. 2.Time series –The variable to be forecast has behaved according to a specific pattern in the past

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  Series, Time, Time series, Forecasting

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