How does your organization measure forecast accuracy


Problem

In addition to reading your assigned resources, research each of the three topics regarding the organization you currently work for, or previously worked for: From the viewpoint of your organization, discuss the concept of demand as it applies to your organization. Next, choose a resource or activity that is forecast in your organization and address why achieving results significantly different than the forecast can be a potential problem for your organization. How does (or should) your organization measure forecast accuracy? What would you do differently to improve forecast accuracy in your organization?

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Supply Chain Management: How does your organization measure forecast accuracy
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