When Actual Demand Is Greater Than the Forecast,there Is a Forecasting

question 87

Multiple Choice

When actual demand is greater than the forecast,there is a forecasting _____.

• A)overestimate
• B)underestimate
• C)both a and b
• D)neither a nor b

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Definitions:

Thirst

The basic physiological sensation of needing to drink fluids, triggered by the body's need for water to maintain balance and function.

Homeostasis

The tendency of an organism to regulate internal conditions to maintain health and functioning, regardless of outside conditions.

Cognitive View

A perspective in psychology that emphasizes the importance of mental processes such as perception, memory, and problem-solving.

Learning Process

The systematic acquisition of knowledge, skills, attitudes, or values through study, experience, or teaching, leading to a potential change in behaviors or understanding.