Why do most companies underforecast than overforecast? Cite a situation when overforecasting may be better.

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Why do most companies “underforecast” than “overforecast”? Cite a situation when “overforecasting” may be better.

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Service Systems Engineering And Management

ISBN: 978-0367781323

1st Edition

Authors: A. Ravi Ravindran ,Paul M. Griffin ,Vittaldas V. Prabhu

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Question Posted: Feb 27, 2024 03:10 AM

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Why do most companies underforecast than overforecast? Cite a situation when overforecasting may be better.

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Most companies tend to underforecast rather than overforecast for several reasons Risk Aversion Companies often prefer to err on the side of caution t...View the full answer

Service Systems Engineering And Management

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