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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