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    Introduction to Business Statistics
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    Exam 18: Models for Time Series and Forecasting
  5. Question
    If a Company's Inventory Costs Were $3
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If a Company's Inventory Costs Were $3

Question 60

Question 60

Essay

If a company's inventory costs were $3.5 million in 1995 (base period)and $5.95 million in 2002,what is the index number for 2002?
What does it mean?

Correct Answer:

verifed

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170; This means that if invent...

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