Home
SELF STUDY
BrowsePracticeTestsPlaylistDoubts & solutionsFree live classesOther courses

Inventory Control

Quick practice

Question 1 of 5

A company extends to use exponential smoothing technique for making a forecast for one of its products.  The previous year forecast has been 105 units and the actual demand for the corresponding period turns out to be 85 units.  If the value of smoothing constant \alpha/ is 0.2, the forecast for the next period will be  

A

101

B

125

C

130

D

85

Get unlimited practice with GATE & ESE - ME & CH subscription

pick

Boost your performance with adaptive practice tests

pick

Practice every concept in the syllabus

pick

Compare your speed and accuracy with your peers

pick

Download the app and practice on the go