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SSC-JE ME || Industrial Engineering 4

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Question 1

Advantage of Delphi method is that it

Question 2

Using the table given below, calculate the six week moving average forecast for the 16^th week.

Question 3

As the number of observations ‘n’ in forecasting increases, then

Question 4

Correlation coefficient ‘r’ varies between

Question 5

In smoothing method of forecasting, the weight to demand data assigned

Question 6

For an exponential smoothing method of forecasting, the value of number of demand is 12, Find the exponential smoothing coefficient α for such a forecasting model.

Question 7

Demand and forecast for a product is tabulated below using exponential smoothening constant of 0.1 and 0.3. From the data given, calculate the magnitude of difference between the forecast of 5^th week from the two constants.

Question 8

The forecast data for the months of april, may, june have 30%, 30%, and 40% weightage.
What will be the forecast for the month of july ? The demand for the months is 200, 145 & 190 respectively.

Question 9

For newly opened industry, smoothing constant should be

Question 10

Which of the following statement is correct-?

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AE & JE Exams Mechanical Engineering

Oct 24AE & JE Exams