Question: QUESTION 6 (35 Marks) The electricity half hourly maximum demand for an electricity substation has been recorded as shown. The demand is expected to continue

QUESTION 6 (35 Marks) The electricity half hourly

QUESTION 6 (35 Marks) The electricity half hourly maximum demand for an electricity substation has been recorded as shown. The demand is expected to continue to grow at an exponential rate. ENG4004 Engineering Project and Operations Management S3.2022 a) Using the above readings, calculate the estimated average future annual percentage increase in maximum demand. (15 Marks) b) Using the above readings, calculate the estimated maximum demand in year 15 ? (5 Marks) c) Show a graph of the results. Which year's data might consideration be given to omitting, and the results recalculated using the remaining data? (8 Marks) d) Omitting the data that you identified in c), what is the estimated demand in year 15. (7 Marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!