Question: What does a positive forecast bias indicate regarding actual demand and forecasted demand? What does a positive forecast bias indicate regarding actual demand and forecasted

What does a positive forecast bias indicate regarding actual demand and forecasted demand?
What does a positive forecast bias indicate regarding actual demand and forecasted demand?
Actual demand is consistently more than forecasted demand.
There is no consistent deviation between actual and forecasted demand.
The forecasting method is perfectly calibrated.
Forecasted demand is consistently overestimated.
Actual demand is consistently less than forecasted demand.

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