SCM$310-6003/$ On the first day of each month planners at Milgard Windows and Doors prepare a demand forecast for each standard size patio door they make and sell to retailers and contractors. At the same time, they review the actual orders they received for each size door during the prior month. The difference between the prior month forecasted demand and actual orders they received during the same period represents

Forecasting error

None of the options is correct

Regression

Bias