GATE ME 2004 | Forecasting Question 12 | Industrial Engineering

GATE ME 2004

MCQ (Single Correct Answer)

-0.3

For a product, the forecast and the actual sales for December $$2002$$ were $$25$$ and $$20$$ respectively. If the exponential smoothing constant $$(\alpha )$$ is taken as $$0.2,$$ then forecast sales for January $$2003$$ would be

$$21$$

$$23$$

$$24$$

$$27$$

GATE ME 2002

MCQ (Single Correct Answer)

-0.3

A regression model is used to express a variable $$Y$$ as a function of another variable $$X.$$ this implies that

There is a causal relationship between $$Y$$ and $$X$$

A value of $$X$$ may be used to estimate a value of $$Y$$

Values of $$X$$ exactly determine values of $$Y$$

There is no causal relationship between $$Y$$ and $$X$$

GATE ME 2001

MCQ (Single Correct Answer)

-0.3

When using a simple moving average to forecast demand, one would

give equal weight to all demand data

assign more weight to the recent demand data

include new demand data in the average without discarding the earlier data

include new demand data in the average after discarding some of the earlier demand data

GATE ME 1998

MCQ (Single Correct Answer)

-0.3

Which one of the following forecasting techniques is not suited for making forecasts for planning production schedules in the short range?

Moving average

Exponential moving average

Regression analysis

Delphi

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GATE ME Subjects

Engineering Mechanics

Engineering Mechanics Static and Dynamics

Strength of Materials

Springs Pure Bending Stresses In Beams Simple Stress and Strain Complex Stresses Moment of Inertia Deflection of Beams Shear Force and Bending Moment Torsion Thin Cylinders Columns and Struts Strain Energy Method

Theory of Machines

Vibrations Gears and Gear Trains Flywheel Analysis of Plane Mechanisms

Engineering Mathematics

Linear Algebra Vector Calculus Probability and Statistics Differential Equations Transform Theory Calculus Complex Variable Numerical Methods

Machine Design

Bolted Riveted and Welded Joints Design For Static Loading Design of Brakes and Clutches Design of Spur Gears Design of Bearings Fatigue Strength

Fluid Mechanics

Fluid Properties Boundary Layer Turbulent Flow Fluid Dynamics Laminar Flow Fluid Kinematics Fluid Statics

Turbo Machinery

Heat Transfer

Conduction Fin Design and Transient Heat Conduction Convection Radiation Heat Exchangers

Thermodynamics

Calculation of Work and Heat Entropy and Irreversibility Properties of Pure Substances Basic Concepts and Zeroth Law First Law of Thermodynamics Rankine Cycle Availability Second Law of Thermodynamics

Production Engineering

Metrology and Inspection Sheet Metal Forming Processes Welding Process Metal Forming Metal Cutting Advance Machine Tools Machining Casting

Industrial Engineering

Queuing Production Planning and Control Line Balancing Forecasting Linear Programming Assignment Pert and Cpm Inventory Control Transportation Scheduling

General Aptitude

Numerical Ability Logical Reasoning Verbal Ability