1
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 ____
2
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
3
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
$$1.0$$
4
GATE ME 2009
MCQ (Single Correct Answer)
+1
-0.3
Which of the following forecasting methods takes a fraction of forecast error into account for the next period forecast?
A
simple average method
B
moving average method
C
weighted moving average method
D
exponential smoothing method
GATE ME Subjects
Turbo Machinery
EXAM MAP
Joint Entrance Examination
JEE MainJEE AdvancedWB JEEBITSAT
Medical
NEET
Graduate Aptitude Test in Engineering
GATE CSEGATE ECEGATE EEGATE MEGATE CEGATE PIGATE IN