GATE ME 2019 Set 1 — Question 27

MCQ+1 / -0.33EasyForecasting ModelsProduction Planning & ControlIndustrial Engineering

Industrial Engineering → Production Planning & Control → Forecasting Models

Last updated 5 September 2026

Question

The table presents the demand of a product. By simple three-months moving average method, the demand-forecast of the product for the month of September is Month Demand January 450 February 440 March 460 April 510 May 520 June 495 July 475 August 560

\text{Forecast}_{\text{Sept}} = \frac{\text{Demand}_{\text{June}} + \text{Demand}_{\text{July}} + \text{Demand}_{\text{August}}}{3}

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\text{Forecast}_{\text{Sept}} = \frac{\text{Demand}_{\text{June}} + \text{Demand}_{\text{July}} + \text{Demand}_{\text{August}}}{3}

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