Question Help North Dakota Electric Company estimates its demand trend line (in

Question

Question Help North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be: D = 77.0 + 0.45Q. 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 Winter Spring Summer Fall Factor (Index) 1.25 1.50 0.53 In year 26 (quarters 101-104), the energy use for each of the quarters beginning with winter is (round your response to one decimai place): QuarterE Energy Use Winter Spring Summer Fal Enter your answer in each of the answer boxes

Explanation / Answer

Steps:

1

2

3

4 = 2*3

Quarter

Quarter Number (Q)

Forecast

Y = 77 + 0.45Q

Seasonal factor

Adjusted forecast

Winter

101

122.45

0.72

88.164

Spring

102

122.9

1.25

153.625

Summer

103

123.35

1.5

185.025

Fall

104

123.8

0.53

65.614

ANS:

Quarter

Energy use

Winter

88.164

Spring

153.625

Summer

185.025

Fall

65.614

1

2

3

4 = 2*3

Quarter

Quarter Number (Q)

Forecast

Y = 77 + 0.45Q

Seasonal factor

Adjusted forecast

Winter

101

122.45

0.72

88.164

Spring

102

122.9

1.25

153.625

Summer

103

123.35

1.5

185.025

Fall

104

123.8

0.53

65.614

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.