GATE Mechanical Engineering (ME) 2020 Shift 2 Solved Paper
© examsnet.com
Question : 51
Total: 65
The forecast for the monthly demand of a product is given in the table below
The forecast is made by using the exponential smoothing method. The exponentialsmoothing coefficient used in forecasting the demand is
| Month | Forecast | Actual Sales |
|---|---|---|
| 1 | 32.00 | 30.00 |
| 2 | 31.80 | 32.00 |
| 3 | 31.82 | 30.00 |
Go to Question: