Forecasting demand and forecasting sales are the same thing.

Name: Forecasting demand and forecasting sales are the same thing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While forecasting sales involves predicting the amount of units or revenue that will be generated, forecasting demand involves predicting the amount of customer interest and need for a particular product or service. These are two related but distinct concepts, and accurate demand forecasting is essential for effective sales forecasting.

Forecasting Demand and Forecasting Sales Are the Same Thing