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  2. EPANET - Wikipedia

    en.wikipedia.org/wiki/EPANET

    EPANET's computational engine is available for download as a separate dynamic link library for incorporation into other applications. [7] The source code for EPANET 2 is available on the EPA's EPANET website. [8] In 2012, Baseform released a rewrite of the EPANET toolkit in Java under the GNU GPLv3 license. [9]

  3. Base load - Wikipedia

    en.wikipedia.org/wiki/Base_load

    The base load [2] (also baseload) is the minimum level of demand on an electrical grid over a span of time, for example, one week. This demand can be met by unvarying power plants [ 3 ] or dispatchable generation , [ 4 ] depending on which approach has the best mix of cost, availability and reliability in any particular market.

  4. Base stock model - Wikipedia

    en.wikipedia.org/wiki/Base_Stock_Model

    The base stock model is a statistical model in inventory theory. [1] In this model inventory is refilled one unit at a time and demand is random . If there is only one replenishment, then the problem can be solved with the newsvendor model .

  5. Load-following power plant - Wikipedia

    en.wikipedia.org/wiki/Load-following_power_plant

    A load-following power plant, regarded as producing mid-merit or mid-priced electricity, is a power plant that adjusts its power output as demand for electricity fluctuates throughout the day. [1] Load-following plants are typically in between base load and peaking power plants in efficiency, speed of start-up and shut-down, construction cost ...

  6. Least objectionable program - Wikipedia

    en.wikipedia.org/wiki/Least_objectionable_program

    The theory of the least objectionable program (LOP) is a mediological theory explaining television audience behavior. [1] It was developed in the 1960s by then executive of audience measurement at NBC , Paul L. Klein , [ 2 ] [ 3 ] who was greatly influenced by the media theorist Marshall McLuhan 's Understanding Media .

  7. Load management - Wikipedia

    en.wikipedia.org/wiki/Load_management

    Load management, also known as demand-side management (DSM), is the process of balancing the supply of electricity on the network with the electrical load by adjusting or controlling the load rather than the power station output.

  8. Lerner index - Wikipedia

    en.wikipedia.org/wiki/Lerner_Index

    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 ...

  9. Newsvendor model - Wikipedia

    en.wikipedia.org/wiki/Newsvendor_model

    The newsvendor (or newsboy or single-period [1] or salvageable) model is a mathematical model in operations management and applied economics used to determine optimal inventory levels. It is (typically) characterized by fixed prices and uncertain demand for a perishable product.