railway RRB JE (CBT I + CBT II) Mock Test 2024 Industrial Engineering Production Planning and Inventory Control Forecasting
If previous years forecast has been 78 units and actual demand for corresponding period turned out 73 unit. If the value of smoothing constant is 0.2, Forecast for next period is
1
73 units
2
75 units
3
77 units
4
78 units