A Large Positive Cumulative Error Indicates That the Forecast Is

question 36

Multiple Choice

A large positive cumulative error indicates that the forecast is probably

• A)higher than the actual demand.
• B)lower than the actual demand.
• C)unbiased.
• D)biased.

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Definitions:

Contract

An agreement between two or more parties creating obligations that are enforceable or otherwise recognizable at law.

Assignment

The transfer of rights or property from one party to another, often seen in contracts or similar agreements.

Assignable

Refers to rights or property that can be transferred or made over to another party by the owner.

Antiassignment Clauses

Provisions within contracts that restrict or prohibit the transfer of contract rights to another party.