Term Papers on Nissan from Term Papers Lab.
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Forecasting-ÜProcess of predicting a future event
ÜShort-range forecast
¡VUp to 1 year; usually less than 3 months
¡VJob scheduling, worker assignments
ÜMedium-range forecast
¡V3 months to 3 years
¡VSales & production planning, budgeting
ÜLong-range forecast
¡V3+ years
¡VNew product planning, facility location
ÜMedium/long range forecasts deal with more comprehensive issues and support management decisions regarding planning and products, plants and processes.
ÜShort-term forecasting usually employs different methodologies than longer-term forecasting
ÜShort-term forecasts tend to be more accurate than longer-term forecasts.
ÜEconomic forecasts
¡VAddress business cycle, e.g., inflation rate, money supply etc.
ÜTechnological forecasts
¡VPredict rate of technological progress
¡VPredict acceptance of new product
ÜDemand forecasts
¡VPredict sales of existing product
ÜHuman resources ¡V hiring, laying off, and training of......
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Title: Nissan
Approximate Word Count: 313
Approximate Pages: 2 (250 words per double-spaced page)
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