The Forecasting Error That Can Occur Is That the

question 79

Multiple Choice

The forecasting error that can occur is that the

• A)actual demand is greater than the forecast.
• B)actual demand is less than the forecast.
• C)both a and b
• D)neither a nor b

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Definitions:

Clinical Psychologist

A clinical psychologist is a professional who diagnoses and treats mental, emotional, and behavioral disorders through psychological techniques and therapies.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses through gradual exposure to the feared object or situation combined with relaxation exercises.

Anxiety Hierarchy

A ranked list of fears, organized from least to most anxiety-provoking, used in therapeutic settings to address specific anxieties.

Major Depression

A mental disorder characterized by a pervasive and persistent low mood accompanied by low self-esteem and a loss of interest or pleasure in normally enjoyable activities.