Forecast accuracy and Forecast Bias%, what is the difference?

[@niiokaijaquaye8462]

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?

[@RodrigoAC]

Really great explanation. Thanks!

[@husseinmasry7749]

Great session ..thank you

[@dHC8Pilot]

very helpful

[@utkur765]

Bias explanation is not correct - when sales are lower then forecasted then bias is positive and not negative like this guy explains.

[@Unleashwithahmedkhaled]

Are you sure that you work in supply chain?

[@ajaya2112]

​@@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

[@Unleashwithahmedkhaled]

@@ajaya2112 this is not the formula of the forecast bias, what you mentioned is called konafa.