Question

North Dakota Electric Company estimates its demand trend line​ (in millions of kilowatt​ hours) to​ be:...

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

0 0
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Answer #1

А 1 Quarter Quarter sequence number Factor (Index) Demand Energy usage Winter 101 0.75 130.5 Spring 102 1.25 131 Summer 103 1

Formula

1 Quarter Winter Spring Summer Fall Quarter sequence number 101 102 Factor (Index) 0.75 1.25 1.45 0.55 Demand =80+0.5*B2 =80+

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