Module 8 : Forcasting

CAUSAL MODELS

Here demand is related to
Causal variables,such as:
  • GNP
  • Per Capita income
  • Consumer Price index
  • ....

    Demand for tyres = f (Production of new automobiles, Replacements by existing autos, Govt policy on automobiles, ...)
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Prof.S.G.Deshmukh & Prof.Arun Kanda