A Seasonal Index for a Monthly Series Is About to Be

question 10

Multiple Choice

A seasonal index for a monthly series is about to be calculated on the basis of three years' accumulation of data. The three previous July values were 110, 150, and 130. The average demand over all months during the three-year time period was 190. What is the approximate seasonal index for July?

• A) 0.487
• B) 0.684
• C) 1.462
• D) 2.053
• E) cannot be calculated with the information given

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Definitions:

Interpersonal Relations

The social and emotional interactions between two or more individuals in an environment.

Self-Awareness

Refers to the conscious knowledge of one’s own character, feelings, motives, and desires, crucial for personal development.

Financial Structure

The mix of debt and equity that a company uses to finance its operations and growth, reflecting its financial strategy and risk profile.

Employee Involvement

The practice of engaging employees in decision-making processes and empowering them to contribute to company success.