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Forecast Technique

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Sandeep, I need help in writing a 300 words paper evaluating the forecast technique's available for Komatsu entering the country of Iraq and what's the best technique available to meet customers requirements. Please cite references.

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The solution provides a 300 words paper evaluating the forecast technique's available for Komatsu entering the country of Iraq.

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Komatsu can use a combination of quantitative as well as qualitative forecasting techniques to estimate future market demand and sales prospects as well as other forecasts about the market in Iraq.

One of the best forecasting techniques for Komatsu for entering Iraq will be trend analysis. Komatsu can look at historical sales data and other industry facts and figures to make a reasonable and accurate estimate about future sales forecast. Trend analysis will provide a good overview of the historical demand pattern and will allow Komatsu to make predictions and forecasts about ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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