Discuss and analyse the feasibility of the food industry in India with respect to Field Fresh Foods and identify growth trends 2. What components play vital role in the financial feasibility study and how these factors have performed with respect to Field Fresh Foods. 3. Discuss the operational efficiencies and challenges and explain the operational feasibility of Field

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Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.