Brian Buckley has developed the followingforecasting model: Forecast demand for

Question

Brian Buckley has developed the followingforecasting model:

Forecast demand for the Aztec when thetemperature is 70°F.

Round your answer to the nearest wholenumber; for example,123 .

What is demand when the temperature is80°F?

Round your answer to the nearest wholenumber; for example,123 .

What is demand when the temperature is90°F?

Round your answer to the nearest wholenumber; for example,123 .

Brian Buckley has developed the followingforecasting model:

where = demand for Aztec air conditionersand = the outside temperature (°F) (a)

Forecast demand for the Aztec when thetemperature is 70°F.

Round your answer to the nearest wholenumber; for example,123 .

(b)

What is demand when the temperature is80°F?

Round your answer to the nearest wholenumber; for example,123 .

(c)

What is demand when the temperature is90°F?

Round your answer to the nearest wholenumber; for example,123 .

Explanation / Answer

Forecasting Model Y = 47 + 4.3x a Forecasted demand for the Aztec when the temperature is 70degrees F Y = 47 + 4.3 ( 70 )    = 47 + 301    = 348 b Forecasted demand for the Aztec when the temperature is 80degrees F Y = 47 + 4.3 ( 80 )    = 47 + 344    = 391 c Forecasted demand for the Aztec when the temperature is 90degrees F Y = 47 + 4.3 ( 90 )    = 47 + 387    = 434

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