North Dakota Electric Company estimates its demand trend line ( in millions of kilowatt hours) to be:
Question:
D 5 77 1 0.43Q
where Q refers to the sequential quarter number and Q 5 1 for winter of Year 1. In addition, the multiplicative seasonal factors are as follows:
Forecast energy use for the four quarters of year 25 ( namely quarters 101 to 104), beginning withwinter.
Transcribed Image Text:
I QUARTER Winter Spring Summer Fall FACTOR (INDEX) .8 1.1 1.4
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
The year 25 quarter numbers are 101 through 104 5 ...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
Central States Electric Company estimates its demand trend line (in millions of kilowatt hours) to be: D = 77 + 0.43Q Where Q refers to the sequential quarter number arid Q = 1 for winter 1986. In...
-
Use the seasonal indexes and trend line to forecast the time series for the next 5 days in Exercise 20.22. In exercise 20.22 For the following time series, compute the seasonal (daily) indexes. The...
-
Use the seasonal indexes and trend line to forecast the quarterly earnings for the years 2014 and 2015 in Exercise 20.24. In exercise 20.24 The quarterly earnings (in $millions) of a large soft-drink...
-
The following are selected transactions of Bridgeport Department Store Ltd. for the current year ended December 31. Bridgeport is a private company operating in the province of Manitoba where PST is...
-
A thin-walled steel tube of rectangular cross section (see figure) has centerline dimensions b = 150 mm and h = 100 mm. The wall thickness t is constant and equal to 6.0 mm. (a) Determine the shear...
-
A bargaining unit a. works to determine proper sale pricing of products. b. helps in the negotiation of the sale of the company. c. is the price of a share of stock. d. negotiates with employers for...
-
Sea Explor manufactures deep-sea diving suits. The company records manufacturing costs by job number and uses a factory overhead applied rate to charge overhead costs to its products. Sea Explor...
-
The French government announced plans to convert state- owned power firms EDF and GDF into separate limited companies that operate in geographically distinct markets. BBC News reported that Frances...
-
Halley's Approximata, Inc. cost of equity is 17.9 percent and its aftertax cost of debt is 5.7 percent. What is the firm's weighted average cost of capital (in percents) if its debt-equity ratio is...
-
commonly responsible 1 Consider the table below that lists finance-related tasks for which hospitality managers are responsibility. Branches of Accounting: Auditing Cost Financial Managerial Tax
-
Attendance at Orlandos newest Disneylike attrac-tion, Lego World, has been as follows: Compute seasonal indices using all of thedata. GUESTS ON THOUSANDS) GUESTS QUARTER Winter Year 1 Spring Year 1...
-
Lori Cook has developed the following forecasting model: = 36 + 4.3x where = demand for Kool Air conditioners and x =5 the outside temperature ( F) a). Forecast demand for the Kool Air when the...
-
Jordan Sales Company (organized as a corporation on April 1, 2014) has completed the accounting cycle for the second year, ended March 31, 2016. Jordan also has completed a correct trial balance as...
-
How do personality traits impact teamwork and collaboration in the workplace?
-
Considering twodistinct and completely fictional traits: hair color and faceshape. A long shape is dominant to round and brown hair is dominantto red. If two people heterozygous for both traits have...
-
Producing a spreadsheet: The numerical and other information requirements for a spreadsheet and how it should be structured to meet user needs. Using a spreadsheet and techniques to enter, edit and...
-
A 3.30kg object is motionless on a table when it is connected through an ideal pulley by an ideal string to a 1.76kg object that is hanging in the air 1.5m off of the ground. If the coefficient of...
-
What are the characteristics of an effective team?
-
Contrary to popular belief, Howard Schultz was not the founder of Starbucks. Instead, Starbucks Coffee, Tea and Spice, as it was known, began in 1971 as a small coffeehouse in Seattle, the vision of...
-
The bookkeeper for Riley, Inc., made the following errors: a. A cash purchase of supplies of $357 was recorded as a debit to Supplies for $375 and a credit to Cash of $375. b. A cash sale of $3,154...
-
A market analyst stopped people in the local shop ping mall and asked them to rate two kinds of shampoo on a scale of 14, 1 being the lowest. The ratings of the two different brands of shampoo are...
-
Standardized, reusable containers have fairly obvious benefits for shipping. What is the purpose of these devices within the plant?
-
Standardized, reusable containers have fairly obvious benefits for shipping. What is the purpose of these devices within the plant?
-
Which lean techniques work in both the manufacturing and service sectors?
-
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 4 0 Variable cost: $ 2 0 Fixed cost: $ 3 5 0 , 0 0 0 Expected sales: 3 4 , 0 0 0 units per year However, you...
-
Rent of the land will be 2800 per month. The rent of the building with all the facilities installed is estimated in 24,000 per year, with council tax charges estimated at 15,000 per year. The rent of...
-
Further to the lesson discussions and readings about the Sales and Operations Planning Process, provide your argument for the value of this process applied to a CPG (Consumer Packaged Goods) company....
Study smarter with the SolutionInn App