Lori Cook has developed the following forecasting model: ModifyingAbove y with c

Question

Lori Cook has developed the following forecasting model:

ModifyingAbove y with carety = 36.0 + 4.30x, where

ModifyingAbove y with carety

= demand for Kool Air conditioners and

                                               x = the outside temperature (degrees Fahrenheit)

a) When the temperature outside is

70degrees°

F, demand forecast =

air conditioners (enter your response as an integer).

b) When the temperature outside is 80degrees°

F, demand forecast =

air conditioners (enter your response as an integer).

c) When the temperature outside is 90degrees°

F, demand forecast =

air conditioners (enter your response as an integer).

Explanation / Answer

Solution:

a) When the temperature outside is
70degrees°
F, demand forecast = 36.0 + 4.30 x
= 36.0 + 4.30 (70)
= 337

b) When the temperature outside is 80degrees°
F, demand forecast = 36.0 + 4.30 x
= 36.0 + 4.30 (80)
= 338

c) When the temperature outside is 90degrees°
F, demand forecast = 36.0 + 4.30 x
= 36.0 + 4.30 (90)
= 423

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