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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Quantitative Analysis For Management

ISBN: 213168

12th Edition

Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna

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