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Demand Forecasting Supply Forecasting Internal Sources:: Considerations
Demand Forecasting Supply Forecasting Internal Sources:: Considerations
Considerations:
* Product/service demand * Economics * Technology * Financial resources
Tecniques:
* Trend analysis * Managerial estimate * Delphi technique
External sources:
employment agencies advertising campus recruiting walk-ins internships
GAP ANALYSIS 1. Shortage/Deficit = Demand is more than internal supply 2. Surplus = Internal Supply is more than Demand 3. No Gap = Demand = internal supply