1
GATE ME 2015 Set 2
MCQ (Single Correct Answer)
+1
-0.3
Sales data of a product is given in the following table: GATE ME 2015 Set 2 Industrial Engineering - Forecasting Question 10 English

Regarding forecast for the month of June, which one of the following statements is TRUE?

A
Moving average will forecast a higher value compared to regression.
B
Higher the value of order $$N,$$ the greater will be the forecast value by moving average.
C
Exponential smoothing will forecast a higher value compared to regression.
D
Regression will forecast a higher value compared to moving average.
2
GATE ME 2014 Set 3
Numerical
+1
-0
The actual sales of a product in different months of a particular year are given below: GATE ME 2014 Set 3 Industrial Engineering - Forecasting Question 11 English

The forecast of the sales, using the 4-month moving average method, for the month of February is ____________.

Your input ____
3
GATE ME 2014 Set 1
MCQ (Single Correct Answer)
+1
-0.3
In exponential smoothening method, which one of the following is true?
A
$$0 \le \alpha \le 1$$ and high value of $$\alpha $$ is used for stable demand
B
$$0 \le \alpha \le 1$$ and high value of $$\alpha $$ is used for stable demand
C
$$\alpha \ge 1$$ and high value of $$\alpha $$ is used for stable demand
D
$$\alpha \le 0$$ and high value of $$\alpha $$ is used for unstable demand
4
GATE ME 2013
MCQ (Single Correct Answer)
+1
-0.3
In simple exponential smoothing forecasting, to give higher weightage to recent demand information, the smoothing constant must be close to
A
$$-1$$
B
zero
C
$$0.5$$
D
$$1.0$$
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