32. The seasonal indices of the sales of garments of a particular type in a certain shop are given below: Quarter Seasonal index Jan.-March Apr.-June July-Sept. Oct.-Dec. 97 85 83 135 If the total sales in the first quarter of a year be worth $ 15,000 and sales are expected to rise by 4% in each quarter, determine how much worth 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.

32. The seasonal indices of the sales of garments of a particular type in a certain shop are given below: Quarter Seasonal index Jan.-March Apr.-June July-Sept. Oct.-Dec. 97 85 83 135 If the total sales in the first quarter of a year be worth $ 15,000 and sales are expected to rise by 4% in each quarter, determine how much worth 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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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