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A tire dealership has sold an average of 1,000 radial tires each year. In the past two years, tire sales were as follows: Season Year
A tire dealership has sold an average of 1,000 radial tires each year. In the past two years, tire sales were as follows:
Season | Year 1 Demand | Year 2 Demand |
Fall | 200 | 250 |
Winter | 350 | 300 |
Spring | 150 | 165 |
Summer | 300 | 285 |
Calculate the seasonal index for each quarter.
Which seasonal index is correct?
Fall = 0.85, Winter = 1.25, Spring = 0.58, Summer = 1.12 |
Fall = 0.99, Winter = 1.19, Spring = 0.59, Summer = 1.17 |
Fall = 0.95, Winter = 1.35, Spring = 0.68, Summer = 1.22 |
Fall = 0.80, Winter = 1.20, Spring = 0.53, Summer = 1.07 |
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