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The demand data for an item for Year 1 is given in the Table below. Find the seasonal index for the Summer quarter. Identify the
The demand data for an item for Year 1 is given in the Table below. Find the seasonal index for the Summer quarter. Identify the closest answer.
Quarter | Year 1 |
Fall | 110 |
Winter | 240 |
Spring | 600 |
Summer | 450 |
a. 0.314
b. 0.340
c. 0.792
d. 1.82
e. 1.29
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