1

GATE ME 2008

MCQ (Single Correct Answer)

+2

-0.6

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 parameters $${m_1}$$ and $${m_2}$$, respectively, where $${m_1}$$ and $${m_2}\left( {{m_1} > {m_2}} \right)$$ denote the numbers of weeks over which the moving averages are taken. The actual demand shows a step increase from $${d_1}$$ to $${d_2}$$ at a certain time. Subsequently,

2

GATE ME 2005

MCQ (Single Correct Answer)

+2

-0.6

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 forecast for the fifth year, using simple exponential smoothing, is equal to the forecast using a three period moving average, the value of the exponential smoothing constant $$\alpha $$ is

3

GATE ME 2003

MCQ (Single Correct Answer)

+2

-0.6

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 of $$0.4$$ is used in forecasting. The expected number of sales in the next month is

4

GATE ME 2000

MCQ (Single Correct Answer)

+2

-0.6

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 equation $$F = 6.9 + 2.9$$ $$t$$ where $$F$$ is the forecast for period $$t$$. The sum of absolute deviations for the five data is

Questions Asked from Forecasting (Marks 2)

Number in Brackets after Paper Indicates No. of Questions

GATE ME Subjects

Engineering Mechanics

Strength of Materials

Theory of Machines

Engineering Mathematics

Machine Design

Fluid Mechanics

Turbo Machinery

Heat Transfer

Thermodynamics

Production Engineering

Industrial Engineering

General Aptitude