Question: The following linear relationship between demand (D) and time (t) exist. What is the forecast demand for 2024? D= 1080+107t Year Demand Year Demand 1
The following linear relationship between demand (D) and time (t) exist. What is the forecast demand for 2024?
D= 1080+107t
|
| Year | Demand |
| Year | Demand |
| 1 | 2014 | 1000 | 6 | 2019 | 1750 |
| 2 | 2015 | 1100 | 7 | 2020 | 1900 |
| 3 | 2016 | 1700 | 8 | 2021 | 1950 |
| 4 | 2017 | 1500 | 9 | 2022 | 2000 |
| 5 | 2018 | 1800 | 10 | 2023 | 2000 |
| 1070 | ||
| 2000 | ||
| 2150 | ||
| 2257 |
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