Railways Technical Ability Production Engineering and Planning Question Bank Production Planning

  • question_answer For a product, the forecast for the month of January was 500 units. The actual demand turned out to he 450 units. What is the forecast for the month of February using exponential smoothing method with a smoothing coefficient\[=0.1\]?

    A) 455                              

    B) 495

    C) 500                              

    D) 545

    Correct Answer: B


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