GATE PI · 2019 · PI
Question 54: Production control
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Question 54
PINAT2 marksNeeds review
The sales data of a product for 5 years are:
Year | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|
Sales (units) | 280 | 268 | 259 | 270 | 287 |
Assume the forecast for the year 2014 as 260 units. Using an exponential smoothing method with smoothing constant α = 0.5, the sales forecast (units) for the year 2019, is ______
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2019PI
GATE PI 2019 · Paper 1
Production and Industrial Engineering · Original paper archive
- Section
- Production and Industrial Engineering
- Question type
- Numerical answer (NAT)
- Marks
- 2 marks
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