Forecasting · Industrial Engineering · GATE ME

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Marks 1

GATE ME 2015 Set 2
Sales data of a product is given in the following table: Regarding forecast for the month of June, which one of the following statements is TRUE?...
GATE ME 2014 Set 1
In exponential smoothening method, which one of the following is true?
GATE ME 2014 Set 3
The actual sales of a product in different months of a particular year are given below: The forecast of the sales, using the 4-month moving average ...
GATE ME 2013
In simple exponential smoothing forecasting, to give higher weightage to recent demand information, the smoothing constant must be close to
GATE ME 2009
Which of the following forecasting methods takes a fraction of forecast error into account for the next period forecast?
GATE ME 2004
For a product, the forecast and the actual sales for December $$2002$$ were $$25$$ and $$20$$ respectively. If the exponential smoothing constant $$(\...
GATE ME 2002
A regression model is used to express a variable $$Y$$ as a function of another variable $$X.$$ this implies that
GATE ME 2001
When using a simple moving average to forecast demand, one would
GATE ME 1998
Which one of the following forecasting techniques is not suited for making forecasts for planning production schedules in the short range?
GATE ME 1997
The most commonly used criteria for measuring forecast error is

Marks 2

GATE ME 2016 Set 3
The demand for a two-wheeler was $$900$$ units and $$1030$$ units in April $$2015$$ and May $$2015,$$ respectively. The forecast for the month of Apri...
GATE ME 2015 Set 1
For a canteen, the actual demand for disposable cups was $$500$$ units in January and $$600$$ units in February. The forecast for the month of January...
GATE ME 2010
The demand and forecast for February are $$12000$$ and $$10275,$$ respectively. Using single exponential smoothening method (smoothening coefficient $...
GATE ME 2008
A moving average system is used for forecasting weekly demand. $${F_1}\left( t \right)$$ and $${F_2}\left( t \right)$$ are sequences of forecasts with...
GATE ME 2005
The sales of a product during the last four years were $$860, 880, 870$$ and $$890$$ units. The forecast for the fourth year was $$876$$ units. If the...
GATE ME 2003
The sale of cycles in a shop in four consecutive months are given as $$70, 68, 82 95.$$ Exponentially smoothing average method with a smoothing factor...
GATE ME 2000
In a time series forecasting model, the demand for five time periods was $$10, 13,$$ $$15,$$ $$18$$ and $$22.$$ A linear regression fit resulted in an...
GATE ME 1997
In a forecasting model, at the end of period $$13,$$ the forecasted value for period $$14$$ is $$75.$$ Actual value in the periods $$14$$ to $$16$$ ar...
GATE ME 1989
Which of the following is a technique for forecasting?
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