Using forecasts will result in no imbalance of demand and capacity.

Name: Using forecasts will result in no imbalance of demand and capacity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Forecasts are estimations of demand or capacity, and there is always a margin of error. Relying solely on forecasts can result in either overestimating or underestimating demand or capacity, leading to imbalances. Therefore, it is necessary to regularly monitor and adjust capacity to meet demand, even with the use of forecasts.

Using Forecasts Will Result in No Imbalance of Demand and Capacity