Forecasting - 1


10 Questions MCQ Test Manufacturing and Industrial Engineering | Forecasting - 1


Description
This mock test of Forecasting - 1 for Mechanical Engineering helps you for every Mechanical Engineering entrance exam. This contains 10 Multiple Choice Questions for Mechanical Engineering Forecasting - 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Forecasting - 1 quiz give you a good mix of easy questions and tough questions. Mechanical Engineering students definitely take this Forecasting - 1 exercise for a better result in the exam. You can find other Forecasting - 1 extra questions, long questions & short questions for Mechanical Engineering on EduRev as well by searching above.
QUESTION: 1

Forecast

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QUESTION: 2

One purpose of short-range forecasts is to determine

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QUESTION: 3

The three major types of forecasts used by business organizations are

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QUESTION: 4

Which of the following is not a step in the forecasting process?

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QUESTION: 5

Which of the following uses three types of participants: decision makers, staff personnel, and respondents?

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QUESTION: 6

Which of the following is not a type of qualitative forecasting?

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QUESTION: 7

Which of the following statements about time- series forecasting is true?

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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?

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QUESTION: 9

In time series, which of the following can not be predicted?

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QUESTION: 10

Increasing the number of periods in a moving average will accomplish greater smoothing, but at the expense of

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