Consider the quarterly demand levels for electricity (1000 megawatts) in Polokwane from 2015 to 201 Quarter 2015 2016 2017 2018 Jan - March 21 35 39 78 Apr-June 42 54 82 114 July - Sept 60 91 136 160 Oct- Dec 12 14 28 40 Using the third period moving average Determine the adjustment factor: O a) 1.000 O b)0.828 O c) 0.758 O d) 0.799

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter14A: The Practice Of Revenue Management
Section: Chapter Questions
Problem 1E
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Consider the quarterly demand levels for electricity (1000 megawatts) in Polokwane from 2015 to 2018.
Quarter
2015
2016
2017
2018
Jan March
21
35
39
78
Apr- June
42
54
82
114
July- Sept
60
91
136
160
Oct- Dec
12
14
28
40
Using the third period moving average
Determine the adjustment factor:
O a) 1.000
b)0.828
c) 0.758
d) 0.799
Transcribed Image Text:Consider the quarterly demand levels for electricity (1000 megawatts) in Polokwane from 2015 to 2018. Quarter 2015 2016 2017 2018 Jan March 21 35 39 78 Apr- June 42 54 82 114 July- Sept 60 91 136 160 Oct- Dec 12 14 28 40 Using the third period moving average Determine the adjustment factor: O a) 1.000 b)0.828 c) 0.758 d) 0.799
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