Question: 16: For the data given below, is the forecasting system overestimating or underestimating the demand? (a) Overestimating, (b) Underestimating. Actual Forecast Error |Error| 10 11

16: For the data given below, is the forecasting system overestimating or underestimating the demand?

(a) Overestimating,

(b) Underestimating.

Actual Forecast Error |Error|

10 11 − 1 1 8 10 − 2 2 10 8 2 2 6 6 0 0 9 8 1 1

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