How to solve Iift 2015 Question 75?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2015 Question 75

This is a detailed step-by-step solution for Iift 2015 Question 75. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

Let's calculate the different WAC types during April 2014 - March 2015 and tabulate it as follows

Sales Volatility can be calculated by the formula (Maximum Monthly Sales - Minimum Monthly sales )/ Average Monthly sales
1⁄2 Ton = 609-207/352.128 = 1.14
1 Ton =459-153/281.37 = 1.09
11⁄2 Ton = 439-241/338.03 = 0.59
2 Ton = 419-253/ 329.138 = 0.5
Among the different WAC types 2 Ton has the lowest Sales volatility.
Hence D is the correct answer

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