Lori Cook has developed the following forecasting model: y = 36 + 4.3x where y = demand
Question:
y = 36 + 4.3x
where
y = demand for Kool Air conditioners and
x = the outside temperature (°F)
a) Forecast demand for the Kool Air when the temperature is 70°F.
b) What is demand when the temperature is 80°F?
c) What is demand when the temperature is 90°F?
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Step by Step Answer:
Given Y 36 43X ...View the full answer
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Related Book For 
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ISBN: 978-0134130422
12th edition
Authors: Jay Heizer, Barry Render, Chuck Munson
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