IIFT 2017 Question Paper Question 113

Instructions

Refer to the Table below. It provides quarterly output data of a company for four years (1998-2001) and its trend calculated through 4-quarter Moving Average Method:

Question 113

In which year the annual output growth has been the lowest and what is the value?

Solution

Value of output for year

1998 65+58+56+61 = 240

1999 68+63+63+67 = 261

2000 70+59+56+52 = 237

2001 60+55+51+58 = 224

Output Growth for

1999 ((261-240)/240)*100 = 8.75

2000 ((237-261)/261)*100 = -9.2

2001 ((224-237)/237)*100 = 5.48

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