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:

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

2
GATE ME 2014 Set 1
+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
+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
+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
EXAM MAP
Medical
NEET