Is there a difference between forecasting demand and forecasting sales? Can demand be forecast from historical sales data?
a) Yes, there is a difference; no, demand cannot be forecast from historical sales data.
b) Yes, there is a difference; yes, demand can be forecast from historical sales data.
c) No, there is no difference; no, demand cannot be forecast from historical sales data.
d) No, there is no difference; yes, demand can be forecast from historical sales data.