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On the other hand, in situations where demand is strong for a product but the threat of cancellations rooms (e.g. hotel rooms or airline seats), firms often overbook in order to maximize revenue from full capacity. Overbooking's focus is increasing the total volume of sales in the presence of cancellations rather than optimizing customer mix. [4]
In economics, aggregate demand (AD) or domestic final demand (DFD) is the total demand for final goods and services in an economy at a given time. [1] It is often called effective demand, though at other times this term is distinguished. This is the demand for the gross domestic product of a country.
The diversified load is the total expected power, or "load", to be drawn during a peak period by a device or system of devices. The maximum system load is the combination of each device's full load capacity, utilization factor, diversity factor, demand factor, and the load factor. This process is referred to as load diversification.
The Demand-at-Capacity is often confused with the daily rate of production. In contrast to Toyota Production System, and many other lean manufacturing derivatives, a DFT line is designed for variable output rates according to daily demand. Thus, the demand data that are used for line design represent a limit quantity not an actual rate of supply.
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]
With an increase of traffic on the CB&Q, they needed more powerful locomotives to pull the heavier loads and increased number of cars hauled. [1] In 1930, the CB&Q ordered eight 4-8-4 locomotives (Nos. 5600-5607) from the Baldwin Locomotive Works and classified them as O-5. [ 2 ]
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. () = The demand factor is often ...
In telecommunications, the term demand load can have the following meanings: In general, the total power required by a facility . The demand load is the sum of the operational load (including any tactical load) and nonoperational demand loads.