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Maximum Demand Indicator (MDI) is an instrument for measuring the maximum amount [clarification needed] of electrical energy required by a specific consumer during a given period of time. [1] MDI instruments record the base load requirement of electrical energy .
The demand factor is always less than or equal to one. As the amount of demand is a time dependent quantity so is the demand factor. f Demand ( t ) = Demand Maximum possible demand {\displaystyle f_{\text{Demand}}(t)={\frac {\text{Demand}}{\text{Maximum possible demand}}}}
At this time there is a combination of office, domestic demand and at some times of the year, the fall of darkness. [2] Some utilities will charge customers based on their individual peak demand. The highest demand during each month or even a single 15 to 30 minute period of highest use in the previous year may be used to calculate charges. [3]
The unofficial term diversity, as distinguished from diversity factor, refers to the percent of time available that a machine, piece of equipment, or facility has its maximum or nominal load or demand; a 70% diversity means that the device in question operates at its nominal or maximum load level 70% of the time that it is connected and turned on.
The maximum amount a consumer would be willing to pay for a given quantity of a good is the sum of the maximum price they would pay for the first unit, the (lower) maximum price they would be willing to pay for the second unit, etc. Typically these prices are decreasing; they are given by the individual demand curve, which must be generated by ...
Demand response is a change in the power consumption of an electric utility ... while maximum demand during the year was just over 27,000 megawatts. ... Calculating ...
Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. [1] In the context of capacity planning, design capacity is the maximum amount of work that an organization or individual is capable of completing in a given period.
For L = -1/E d and E d = -1/L, the elasticity of demand for industry A will be -2.5. We can use the value of the Lerner index to calculate the marginal cost (MC) of a firm as follows: 0.4 = (10 – MC) ÷ 10 ⇒ MC = 10 − 4 = 6. The missing values for industry B are found as follows: from the E d value of -2, we find that the Lerner index is ...