The table below includes the actual demands and forecasted demand for each period.Which of the following is the correct Bias value for this data?
$$\begin{array} { l l l l l l }
\text { Period } & 1 & 2 & 3 & 4 & 5 \
\hline \text { Actual Demands } & 100 & 120 & 115 & 90 & 79 \
\text { Forecast Demands } & 90 & 110 & 130 & 135 & 90
\end{array}$$

Question

The table below includes the actual demands and forecasted demand for each period.Which of the following is the correct Bias value for this data?
 $$\begin{array} { l l l l l l } 
\text { Period } & 1 & 2 & 3 & 4 & 5 \
\hline \text { Actual Demands } & 100 & 120 & 115 & 90 & 79 \
\text { Forecast Demands } & 90 & 110 & 130 & 135 & 90
\end{array}$$

Quizplus · Accepted Answer

The Answer of The table below includes the actual demands and forecasted demand for each period.Which of the following is the correct Bias value for this data?
 $$\begin{array} { l l l l l l } 
\text { Period } & 1 & 2 & 3 & 4 & 5 \
\hline \text { Actual Demands } & 100 & 120 & 115 & 90 & 79 \
\text { Forecast Demands } & 90 & 110 & 130 & 135 & 90
\end{array}$$

The Table Below Includes the Actual Demands and Forecasted Demand