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In transportation engineering, the K factor is defined as the proportion of annual average daily traffic occurring in an hour. [1] This factor is used for designing and analyzing the flow of traffic on highways. K factors must be calculated at a continuous count station, usually an "automatic traffic recorder", for a year before being determined.
Pressure and temperature sensors providing pulses can be used to determine mass flow, with division of the pulses by the K-factor, or multiplication with the inverse of the K-factor providing factored totalization, and rate indication. Furthermore, by dividing the pulse rate by the K-Factor, the volumetric throughput per unit time of the rate ...
K-factor (Elo rating system), a constant used in Elo rating system; K-factor (marketing), the growth rate of websites, apps, or a customer base; K-factor (sheet metal), the ratio of location of the neutral line to the material thickness; The K Factor, a fictional TV show within Harry Hill's TV Burp; Bondi k-factor, the "k" in Bondi k-calculus
In economics, total-factor productivity (TFP), also called multi-factor productivity, is usually measured as the ratio of aggregate output (e.g., GDP) to aggregate inputs. [1] Under some simplifying assumptions about the production technology, growth in TFP becomes the portion of growth in output not explained by growth in traditionally ...
An economic impact analysis only covers specific types of economic activity. Some social impacts that affect a region's quality of life, such as safety and pollution, may be analyzed as part of a social impact assessment, but not an economic impact analysis, even if the economic value of those factors could be quantified. [2]
An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes.
Here’s an example using the $100,000 loan with a factor rate of 1.5 and a two-year (730 days) repayment period: Step 1: 1.50 – 1 = 0.50 Step 2: .50 x 365 = 182.50
For example, social return on investment (SROI) is a principles-based method for measuring extra-financial value (i.e., environmental and social value not currently reflected in conventional financial accounts) relative to resources invested.