Engineering Board Exam Reviewer · Engineering Management · medium
Average monthly demand is 1000 units, and July demand is typically 1300 units. What is July's seasonal index?
- 0.77
- 1.30
- 0.30
- 130
Answer
B. 1.30
Solution
Seasonal index = period average/overall average = 1300/1000 = 1.30.
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