Answer to Question #281522 in Economics for ronny

Question #281522

In your opinion, how can demand forecasting help cab service providers such as Uber and Ola?


1
Expert's answer
2021-12-20T12:48:44-0500

Demand forecasting is the process of predicting future sales by using historical sales data to make informed business decisions about everything from inventory planning to running flash sales. Demand forecasting helps estimate the total sales and revenue for a future period of time.


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