Why is estimating demand useful in handicrafts?
Answer and explanation
Correct answer: To decide production quantity, raw material and sales plan
Demand estimation reduces wastage and stock problems. Exam tip: connect demand estimation with production planning.
Frequently asked questions
What is the correct answer to this question?
To decide production quantity, raw material and sales plan
Why is this the correct answer?
Demand estimation reduces wastage and stock problems. Exam tip: connect demand estimation with production planning.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.