Question

Develop the output indices of the Nouveau Cattle Slaughtering Plant (base year 2007).

Year Pounds of Cattle Slaughtered Output Index
2009 180,000
2010 250,000
2011 200,000

Answer 1

Answer and Explanation:

The development of output indices for the plant is presented below:

For Base Year 2007

Index with output 100000 (Presumed) 100

For Output index 2009

(180000 ÷ 100000) × 100 180

For Output index 2010

(250,000 ÷ 100,000) × 100 250

For Output index 2011

(200,000 ÷ 100,000) × 101 200

In this way, it should be developed