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How does a company calculate the overall demand for a product?

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Answer:

Estimate consumer demand based on sales. Calculate the average monthly sales value of each item or group of items; this will give you an estimate of demand. For example, if you have average sales of books valued at $3,000, then you can estimate the market demand for books to be $3,000.

Step-by-step explanation:

you didn't really specify what for, so I just went with the easiest explanation...

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User Rob Gordijn
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