If a Forecast Bias Tracker shows a consistently positive number, what does that indicate?
Answer
Systemic underforecasting, meaning actual demand is consistently higher than forecasted demand.
A positive bias calculated as $\sum (\text{Actual Demand} - \text{Forecasted Demand}) / \sum \text{Forecasted Demand}$ indicates systemic underforecasting, meaning actual demand consistently exceeds the forecasted demand.
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