Mechanical Engineering Exam > Mechanical Engineering Tests > Topicwise Question Bank for Mechanical Engineering > Test: Forecasting - 1 - Mechanical Engineering MCQ
Test: Forecasting - 1 - Mechanical Engineering MCQ
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10 Questions MCQ Test Topicwise Question Bank for Mechanical Engineering - Test: Forecasting - 1
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Test: Forecasting - 1 - Question 3
The three major types of forecasts used by business organizations are
Test: Forecasting - 1 - Question 4
Which of the following is not a step in the forecasting process?
Test: Forecasting - 1 - Question 5
Which of the following uses three types of participants: decision makers, staff personnel, and respondents?
Test: Forecasting - 1 - Question 6
Which of the following is not a type of qualitative forecasting?
Test: Forecasting - 1 - Question 7
Which of the following statements about time- series forecasting is true?
Test: Forecasting - 1 - Question 8
Time -series data may exhibit which of the following behaviours?
1. Trend
2. Random variations
3. Seasonality
4. Cycles.
Which of the above behaviours are correct?
Test: Forecasting - 1 - Question 9
In time series, which of the following can not be predicted?
Test: Forecasting - 1 - Question 10
Increasing the number of periods in a moving average will accomplish greater smoothing, but at the expense of
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