# 4 Demand Forecasting KPIs

Forecast Bias
#

Represents the tendency of the forecasts to consistently be higher or lower than the actual demand.

Mean Absolute Percentage Error
%

Mean Absolute Percentage Error (MAPE) provides an average of the absolute percentage errors in the forecast.

Rate of Stockouts Due to Forecast Inaccuracy
%

Measures the number of times stockouts occurred due to errors in demand forecasting.