What are some consequences of poor forecasting?

Poor forecasting leads to poor business decisions and can sometimes lead to catastrophic results. Optimistic forecasts often mean that the firm projects a demand that is much higher than the actual demand and will lead to inventories pilling up and retailers having to discount the products to clear the shelves.

Some consequences of poor forecasting are poor business decisions and can sometimes lead to catastrophic results.

Explanation: Hope this helps! :3

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