When actual demand is greater than the forecast,there is a forecasting _____.
A)overestimate
B)underestimate
C)both a and b
D)neither a nor b

Name: When actual demand is greater than the forecast,there is a forecasting _____. A)overestimate B)underestimate C)both a and b D)neither a nor b
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

When actual demand is greater than the forecast, it means that the forecast underestimated the demand. Therefore, the correct choice is B, which is "underestimate".

When Actual Demand Is Greater Than the Forecast,there Is a Forecasting