Brian Buckley has developed the following forecasting model: Forecast demand for

Question

Brian Buckley has developed the following forecasting model:

Forecast demand for the Aztec when the temperature is70°F.

Round your answer to the nearest whole number; forexample, 123 .

What is demand when the temperature is 80°F?

Round your answer to the nearest whole number; forexample, 123 .

What is demand when the temperature is 90°F?

Round your answer to the nearest whole number; forexample, 123 .

Brian Buckley has developed the following forecasting model:

where = demandfor Aztec air conditioners and = theoutside temperature (°F) (a)

Forecast demand for the Aztec when the temperature is70°F.

Round your answer to the nearest whole number; forexample, 123 .

(b)

What is demand when the temperature is 80°F?

Round your answer to the nearest whole number; forexample, 123 .

(c)

What is demand when the temperature is 90°F?

Round your answer to the nearest whole number; forexample, 123 .

Explanation / Answer

Forecasting Model Y = 67+ 5.4x a Forecasted demand for the Aztec when the temperature is 70degrees F Y = 67 + 5.4( 70 )    = 67 + 378    = 445 b Forecasted demand for the Aztec when the temperature is 80degrees F Y = 67 + 5.4( 80 )    = 67 + 432    = 499 c Forecasted demand for the Aztec when the temperature is 90degrees F Y = 67 + 5.4( 90 )    = 67 + 486    = 553

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