Assignment on demand forecasting and pricing decision for a Supermarket. Please hlp how to tackle?

or:Assignment on demand forecasting and pricing decision for a Supermarket. Please hlp how to tackle?or:I don't know exactly what you're asking for,

or:Assignment on demand forecasting and pricing decision for a Supermarket. Please hlp how to tackle?

or:I don't know exactly what you're asking for, but I took a few semesters of economics and know the general idea of Supply and Demand.Demand Forecasting is just what it sounds like: taking as estimate at what you believe the demand for an item will be in the future. You know the Super Bowl is coming up, so you know the demand for soda, chips, and hot dogs will be skyrocketing over the next few weeks. Therefore, you stock up so that you have enough for the boost in demand (you don't want to be short, or you'll have some unhappy customers leaving empty-handed)Now, look at the other end of the spectrum: everyone knows that a super popular New Year's Resolution is to \"eat healthy\" or \"go on a diet\" (everyone needs it after Halloween, Thanksgiving, and Christmas feasts and treats :). So for January and February, it's safe to assume that the demand for candy is going to drop, the demand for healthier options like produce, \"whole grains\

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