engineering recuitment GATE ME 2023-24 Test Series Industrial Engineering Production Planning and Inventory Control Forecasting
The demand and forecasting values for a product for various periods is tabulated below. If the ratio of running sum forecast error to mean absolute deviation is (α). Then (αα) is _____.
|
Period |
Demand |
Forecast |
|
1 |
120 |
105 |
|
2 |
132 |
126 |
|
3 |
119 |
120 |
|
4 |
141 |
129 |
Enter numerical value using the virtual keypad. Round off where necessary.