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Nonetheless, given that all the models could be considered 'valid' it reasonable to argue that the choice of superior model should rather be based on which model is fit for purpose what specification of demand is of interest.
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Equations for other components of final demand for commodities include the specification of export demand and government demand.
Such services are part of Flextronics' push to show customers that after years making goods to the specifications of demanding customers like General Electric and Philips, it has more to contribute.
For the specification of electricity demand, price and income, household size, floor area, ageing, and climate were respectively controlled for to derive electricity energy efficiency.
The general econometric specification of the demand for currency in the Baumol-Tobin framework is: begin{aligned} hbox {In }( m)=alpha -beta t+chi ( {t^2})+delta ln (R)+gamma hbox {In} c)+varepsilon end{aligned} (4 where (m) is the demand for currency, (t) is a time trend, (R) are the deposit interest rates and (c) is the consumption in nondurable goods.
They found that five features consistently had an influence on results: type of recreational site; the definition of the usage and quality of a site; measurement of the opportunity cost of time; the description of substitutes; and specification of the demand model.
In this study, we use a twelve-year panel of 69 Italian public transit providers (with or without ITS) and estimate alternative specifications of the demand function.
A specification of the physical demands classification may be needed, taking a full range of upper extremity work demands into account.
The Poisson-exponential distribution therefore represents the most random specification of the stochastic nature of demand and service processes.
Radiation levels near the plants are so high that some of the crews working to contain the situation are referred to as "suicide engineers". Both of these ongoing disasters, one natural, the other man made continue to engage the world, and seemed to demand the specification of a GCP event, even without specific moments or defined points of special note.
Lawrence Berkeley National Laboratory led the development of open automated demand response (OpenADR) specification to guide and regulate the implementation of demand response.
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