North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be:
D =
80.0
+
0.50Q,
where Q refers to the sequential quarter number and Q = 1 for winter of Year 1. In addition, the multiplicative seasonal factors are as follows:
Quarter |
Factor (Index) |
Winter |
0.75 |
Spring |
1.25 |
Summer |
1.45 |
Fall |
0.55 |
In year 26 (quarters 101-104), the energy use for each of the quarters beginning with winter is (round your response to one decimal place):
Quarter |
Energy Use |
Winter |
nothing |
Formula
North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be:...
Forecast energy use for the four quarters of year 26, beginning
with winter.
For winter of year 26, the forecast for the energy use is
(round your response to two decimal places).
Forecast energy use for the each quarter of year 26 (round your
responses to two decimal places):
North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be: D = 80.0 + 0.43Q, where Q refers to the sequential quarter number and Q...