NMIMS Solutions December 2022 Contact us: - Prakash Call: - +919741410271 Email: - smu.assignment@gmail.com We help students in preparing their MBA Case Study Answers| MBA Assignment Solutions | Project Report & Thesis | Contact: Prakash| Call @ +91974141027 or Email: smu.assignment@gmail.com Visit: - www.mbaassignmentsolutions.com Business Economics 1. Demand forecasting in an organisations plays a vital role in business organisations. It provides reasonable data for the organization's capital investment and expansion decision. Keeping the above statement in consideration. Discuss the various steps involved in demand forecasting. 2. From the given hypnotical table Calculate Total Cost, Average Fixed Cost, Average Variable cost and Marginal Cost. Quantity
0 1 2 3
Total Fixed Cost 100 100 100 100
Total Variable Cost 0 20 30 40
Total Cost
Average Fixed Cost
Average Variable Cost
Average Total Cost
Marginal Cost