electronic_pen
06-28-2006, 07:47 AM
Here's the problem:
The seasonal indices of the sales of garment of a particular type ina certain shop are given below,
----------Quarter -------------Seasonal Index
------------1----------------------97
------------2----------------------85
------------3----------------------83
------------4----------------------135
if the total in the first quarter of a year be worth Rs.20,000 and sales are expected to raise by 5% in each quarter, determine how much of garments of this type be kept in stock by the shop owner to meet the demand for each of three quarters of the year?
The seasonal indices of the sales of garment of a particular type ina certain shop are given below,
----------Quarter -------------Seasonal Index
------------1----------------------97
------------2----------------------85
------------3----------------------83
------------4----------------------135
if the total in the first quarter of a year be worth Rs.20,000 and sales are expected to raise by 5% in each quarter, determine how much of garments of this type be kept in stock by the shop owner to meet the demand for each of three quarters of the year?