- John smith has developed the following forecasting model:
Y= 36+4.3X
where
Y= demand for 10K air conditioners
X= the outside temperature
a) Forecast the demand for 10K when the temperature is 70F?
b) What is the demand for a temperature of 80F?
c) What is the demand for a temperature of 90F?
© BrainMass Inc. brainmass.com March 21, 2019, 3:48 pm ad1c9bdddf
https://brainmass.com/business/business-management/forecasting-model-163862
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The forecasting equation is
Y = 36 + 4.3*X, where X is the outside temperature in F.
a) Forecast the …
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