Question: As we already know no forecast can be accurate, why do we still need to forecast? When the actual demand comes out to be way

As we already know no forecast can be accurate, why do we still need to forecast? When the actual demand comes out to be way under your forecasted number, what will you do? Will you still do a forecast for next year? Will you still use the same model to do the forecast if so? What might be the possible factors in this over forecast and what you may change in your next forecast? You may use a hypothetic example to argue your points.

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