Great explanation on the difference between the two. very clear! thank you very much. however, what is the relationship between the two? how do they relate to each other?
@@Unleashwithahmedkhaledhaha I like your confidence. But you're wrong. When the forecast is more than the sales, that is when it's positive bias. But in your video you have mentioned the opposite
Really great explanation. Thanks!
Great explanation on the difference between the two. very clear! thank you very much. however, what is the relationship between the two? how do they relate to each other?
Great session ..thank you
very helpful
Bias explanation is not correct - when sales are lower then forecasted then bias is positive and not negative like this guy explains.
Are you sure that you work in supply chain?
@@Unleashwithahmedkhaledhaha I like your confidence. But you're wrong. When the forecast is more than the sales, that is when it's positive bias. But in your video you have mentioned the opposite
@@ajaya2112 this is not the formula of the forecast bias, what you mentioned is called konafa.