1
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
2
GATE ME 2004
MCQ (Single Correct Answer)
+1
-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
A
$$21$$
B
$$23$$
C
$$24$$
D
$$27$$
3
GATE ME 2002
MCQ (Single Correct Answer)
+1
-0.3
A regression model is used to express a variable $$Y$$ as a function of another variable $$X.$$ this implies that
A
There is a causal relationship between $$Y$$ and $$X$$
B
A value of $$X$$ may be used to estimate a value of $$Y$$
C
Values of $$X$$ exactly determine values of $$Y$$
D
There is no causal relationship between $$Y$$ and $$X$$
4
GATE ME 2001
MCQ (Single Correct Answer)
+1
-0.3
When using a simple moving average to forecast demand, one would
A
give equal weight to all demand data
B
assign more weight to the recent demand data
C
include new demand data in the average without discarding the earlier data
D
include new demand data in the average after discarding some of the earlier demand data
GATE ME Subjects
Turbo Machinery
EXAM MAP
Medical
NEET
Graduate Aptitude Test in Engineering
GATE CSEGATE ECEGATE EEGATE MEGATE CEGATE PIGATE IN
Civil Services
UPSC Civil Service
Defence
NDA
CBSE
Class 12