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3. The daily load factor of a given entity is defined as the total daily energy served to that entity divided by theproduct (peak demand)*(duration of the time interval). For a daily load factor, the duration of the time interval is 24. (A) Find the daily load factor of Tempe AZ if the demand in MW is given by PP = -250sin(πt/12)+288where t is given in hours and the argument of the sine function is in radians. Assume that 0 ≤ t ≤ 24 h. (B) Several ASU EEE577 students have devised a way to store bulk energy between 5 am and 7 am. They will storea fixed power 10 MW over this period namely 5 ≤ t ≤ 7 h. That power demand will come from the electric utilitycompany. And, they will recover 100% of the energy stored at a rate of exactly 10 MW over the interval 17 ≤ t ≤19 h. Note the use of the 24 hour clock: e.g., t = 17 refers to 5:00 pm. If these students implement their energystorage and recovery invention, find the load factor with their invention operative. (C) Note that the energy storage device described in (B) is rated at 10 MW. This rating is the power rating. Theenergy storage device also has an energy rating - find that energy rating. (D) The same students experiment with their device, and they improve the design so that an improved rated powerlevel of 12 MW may be stored over the interval 5 ≤ t ≤ 7 h (and 12 MW is recovered over 17 ≤ t ≤ 19 h). Againfind the daily load factor and the required energy rating of the storage device.
What does price, average revenue and marginal revenue have in common and Firms can operate in one or more markets and not always on the same side of the market. General Motors is a buyer in the resource market and a seller in the automotive market.
A company produces an electronic timing switch that is used in consumer and commercial products. The fixed cost (CF) is $73,000 per month, and the variable cost (CV) is $94 per unit.
Suppose you own a franchise of rental car bureaues in Florida. You recently get a report indicating that about 80% of all tourists visit Florida during winter months in any given year,
Write your individual answers to the questions listed above together using a minimum of 300 words in essay format in APA style. use APA template in Doc Sharing, using correct economic terms covered in the discussions.
Suppose that there is a decline in the cost of a unit of capital. In the long run a.) What will be the substitution effect of this change on use of capital and labor, and why How would this be shown on an isoquant diagram (a diagram isnt needed, j..
What are the three tools the Federal Reserve uses to change the money supply and insert rates in the economy? Which of these tools is most important and why?
Formulate a linear programming model for this problem and prepare the initial tableau if the problem is to be solved using simplex
What sectors of the labor market are forecast to be the strongest in your region- locality What advice would you give young workers who are preparing to enter the workforce in a few years
Describe the difference between average revenue and marginal revenue .why are both of these revenue measures important to a profit-maximizing firm?
A firm in a purely competitive industry is currently producing 1000 units per day at a total cost of $450 and If the firm produced 800 units per day, its total cost would be $300, and if it produced 500 units per day, its total cost would be $275.
Consider a country called Hitech where new arrangements for making payments, such as credit cards and ATMs, have been enthusiastically adopted by the population, thereby reducing the proportion of income that is held as real money balances. a) Ass..
Discuss industry concentration, demand and market conditions, and the pricing behavior of Kodak in the 1990s. Do you think the industry environment is significantly different today? Explain.
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