How does your organization measure forecast accuracy


Assignment task:

From the viewpoint of your organization, discuss the concept of demand as it applies to your organization. 

Next, choose a resource or activity that is forecast in your organization and address why achieving results significantly different than the forecast can be a potential problem for your organization.

How does (or should) your organization measure forecast accuracy?  What would you do differently to improve forecast accuracy in your organization?

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Other Subject: How does your organization measure forecast accuracy
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