Supply and demand are two terms that are used interchangeably. For any organization to be competitive, it must clearly understand the two words well....

Supply and demand are two terms that are used interchangeably. For any organization to be

competitive, it must clearly understand the two words well. As a procurement analyst, you have

been approached by a prospective entrepreneur who intends to come up with manufacturing

plant. Help in understand demand and supply and how he will match demand and supply to

realize profits. Describe the tools that can be used.