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1
GATE ME 2022 Set 2
Numerical
+1
-0
An electric car manufacturer underestimated the January sales of car by 20 units, while the actual sales was 120 units. If the manufacturer uses exponential smoothing method with a smoothing constant of α = 0.2, then the sales forecast for the month of February of the same year is ______ units (in integer). 
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2
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 12 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.
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 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 13 English

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

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Questions Asked from Marks 1
GATE ME 2022 Set 2 (1) GATE ME 2015 Set 2 (1) GATE ME 2014 Set 1 (1) GATE ME 2014 Set 3 (1) GATE ME 2013 (1) GATE ME 2009 (1) GATE ME 2004 (1) GATE ME 2002 (1) GATE ME 2001 (1) GATE ME 1998 (1) GATE ME 1997 (1)
GATE ME Subjects
Engineering Mechanics
Machine Design
Strength of Materials
Heat Transfer
Production Engineering
Industrial Engineering
Turbo Machinery
Theory of Machines
Engineering Mathematics
Fluid Mechanics
Thermodynamics
General Aptitude