True/False
Forecast bias is measured by the per-period average of the sum of forecast errors.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q56: Because of globalization of markets,managers are finding
Q57: A forecasting model has produced the following
Q58: The trend toward continuous replenishment in supply
Q59: For the demand values and the January
Q60: A seasonal pattern is an oscillating movement
Q62: The per-period average of cumulative error is
Q63: The _ forecast method consists of an
Q64: Given the demand and forecast values shown
Q65: Qualitative forecasts use mathematical techniques and statistical
Q66: Linear regression relates two variables using a