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RVUNL ME || Industrial Engineering || Quiz 4
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Question 1
Which of the following are not the characteristics of exponential smoothing method of forecasting?
Question 2
In forecasting model having differential weightage given to different demand , what should be the value of 
(the forecasting coefficient) such that entire forecasting for the next period depends only on the demand of previous period.
(the forecasting coefficient) such that entire forecasting for the next period depends only on the demand of previous period. Question 3
Using the table given below, calculate the six week moving average forecast for the 16th week.
Question 4
Which of the following statement is correct?
Question 5
The forecast in the month of March is 160. The demand and forecast in the month of February were 200 and 100 respectively. What is the smoothing constant? Use 1st order exponential smoothing.
Question 6
The sale of a product during last four years is tabulated below:
The ratio of forecast for year 2014 using weighted moving average method to simple moving average method is ______.
The ratio of forecast for year 2014 using weighted moving average method to simple moving average method is ______.
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