Arrange the following steps in a proper sequence to forecast the demand for a product systematically and scientifically.

A. Making choice of method for demand forecasting.

B. Estimation and interpretation of results.

C. Specifying the objectives.

D. Determining the time perspective.

E. Collection of data and data adjustment.

Choose the correct answer from the options given below:

1
C, A, E, D, B
2
C, D, A, E, B
3
A, C, D, B, E
4
E, D, C, A, B

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