logistic_guy
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The exercise is based on the following situation: Some electric utilities offer their customers a “time-of-use” rate plan, where the rate charged for electricity varies depending on the time of day. Often, a higher rate is charged for electricity used during peak hours of the business day, when demand is high and power plants are struggling to produce enough, while a lower rate is charged for off-peak use, when demand is lower than the power plants’ capacity. Suppose that the Jamesboro Valley Municipal Electric Company offers such a plan to its business customers. Monday through Friday, the peak rate is \(\displaystyle \$ 0.1385\) per kilowatt hour \(\displaystyle (\text{kWh})\) and the off-peak rate is \(\displaystyle \$ 0.0545\) per \(\displaystyle \text{kWh}\). On the weekend, the rate is \(\displaystyle \$ 0.0825\) regardless of time of day. (It is not unusual to have a rate go beyond two decimal places, though the overall bill would be rounded to the usual two.)
Create a spreadsheet to match the one shown below.
Create a spreadsheet to match the one shown below.
AnyCorp Manufacturing Inc. 7/06 Electric Bill
| Time of Use | kWh used | Rate per kWh | Total |
---|---|---|---|---|
1 | Weekday Peak | 28595 | 0.1385 | $3,960.41 |
2 | Weekday Off-Peak | 14675 | 0.0545 | $799.79 |
3 | Weekend | 8503 | 0.0825 | $701.50 |
4 | Totals | 51773 | N/A | $5,461.70 |