Find the forecast of for the four quarters of year of 17

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Reference no: EM131877838

North Dakota 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 and Q=1 for winter of year 1. In addition, the multiplicative seasonal factors are as follows:

Quarter	Factor (index)
winter	.8
spring	1.1
summer	1.4
fall	.7

Find the forecast of for the four quarters of year of 17.

Reference no: EM131877838

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