According to the APICS dictionary, the forecast which projects a company's sales is called:
A)An economic forecast.
B)A technological forecast.
C)A demand forecast.
D)An associative model.

Question

Quizplus · Accepted Answer

Demand forecasting is the activity of estimating the quantity of a product or service that consumers will obtain. Similarly, a demand forecast is the prediction of what will happen to a company's existing product sales.

According to the APICS Dictionary, the Forecast Which Projects a Company's