If the seasonal index for January is 0.80, then a. January sales tend to be 80% higher
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If the seasonal index for January is 0.80, then
a. January sales tend to be 80% higher than an average month.
b. January sales tend to be 20% higher than an average month.
c. January sales tend to be 80% lower than an average month.
d. January sales tend to be 20% lower than an average month.
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Related Book For
Quantitative Analysis For Management
ISBN: 213168
12th Edition
Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna
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