The table below shows quarterly sales data over four years.Using the average demand as the base,what is the seasonal index for the third quarter (Pick the answer that is closest to the correct number.)
A)0.92
B)0.82
C)0.99
D)1.20

Question

The table below shows quarterly sales data over four years.Using the average demand as the base,what is the seasonal index for the third quarter (Pick the answer that is closest to the correct number.) 
A)0.92 
B)0.82 
C)0.99 
D)1.20

Quizplus · Accepted Answer

To calculate the seasonal index for the third quarter, we need to divide the average demand for the third quarter (sum of Q3 sales/4) by the overall average demand (sum of all sales/16). By doing this calculation, we get a value of 0.82, which is closest to choice B.

The Table Below Shows Quarterly Sales Data Over Four Years