consumption schedule

Consumption scheduleclick for a larger image
Fig. 33 Consumption schedule. A simple consumption schedule that takes the linear form C = a + b Y, where C is consumption and a is the minimum level of consumption expenditure at zero-disposable income (autonomous consumption). Thereafter consumption expenditure increases as income rises (induced consumption), and b is the proportion of each extra £ (pound) of disposable income that is spent. The 45-degree line OE shows what consumption expenditure would have been had it exactly matched disposable income. The difference between OE and the consumption schedule indicates the extent of dissavings or SAVINGS at various income levels. The slope of the consumption schedule is equal to the MARGINAL PROPENSITY TO CONSUME. See SAVINGS SCHEDULE, LIFE-CYCLE HYPOTHESIS, PERMANENT-INCOME HYPOTHESIS.

consumption schedule

a schedule depicting the relationship between CONSUMPTION EXPENDITURE and the level of NATIONAL INCOME or DISPOSABLE INCOME, also called consumption function. At low levels of disposable income, households consume more than their current income (see DISSAVING), drawing on past savings, borrowing or selling assets in order to maintain consumption at some desired minimum level (AUTONOMOUS CONSUMPTION). At higher levels of disposable income, they consume a part of their current income and save the rest (see SAVING). See INDUCED CONSUMPTION.
References in periodicals archive ?
The default schedule and plug-load consumption schedule in the energy simulation were used in Case 1.
The comparison of electricity consumption schedule before and after optimization is shown in table 1.
Three main headings into Manto 3 ore will allow production of 159,000 wet metric tons (mt) over the next eight months, and along with two other underground mining areas, will meet Boleo's initial consumption schedule of 11,400 wet mt/d.
The lower the value of the right-hand side of (6) the less binding the incentive constraint will be and the better the consumption schedule that can be implemented.
In addition to this, these systems create optimal consumption schedules by taking numerous factors such as load profiles, energy costs, environmental concerns and consumer comfort into consideration.
Energy monitoring - forecasting the quantities of electricity consumed for the contracting entity's sites and compiling hourly consumption schedules. Notification (registration) of hourly schedules in the ESO MMS, as well as performing all necessary activities related to the participation of the contracting authority in the free electricity market, in accordance with the above-mentioned regulatory documents.
Daily fluctuations in consumption schedules and seasonal fluctuations are largely determined by meteorological factors: ambient air temperature, illumination, humidity, wind speed [7].
The Kyrgyz Ministry of Industry, Energy and Fuel Resources has issued the order on electricity consumption limits, which entails electricity rationing from 24.00 to 05.00 since October 1 in accordance with electricity cut-off schedules in case of exceeded electricity consumption limit, reported the press service of the Ministry of Industry, Energy and Fuel Resources.The given order was issued to meet electricity consumption limits, as well as to ensure that Toktogul reservoir has at least 7.5-7.8 billion cubic meters by 1 April 2010.The electricity consumption limits and consumption schedules will be discussed with local government bodies.
- energy monitoring - forecasting the quantities of energy consumed for the contracting entity's objects and compiling hourly consumption schedules. Notification of the hourly schedules in MMS and ECO and carrying out all necessary activities related to the participation of the contracting authority on the free electricity market,
Energy monitoring, Forecasting the contractor~s electricity consumption and compiling hourly consumption schedules. Notification of registration of hourly schedules in mms of eso, As well as carrying out all necessary activities related to the participation of the assignor on the free electricity market in accordance with atex, Ee and ews.
Energy monitoring, Estimation of the customer~s electricity consumption and compilation of hourly consumption schedules. Notification of registration of hourly schedules in mms of eso, As well as carrying out all necessary activities, Related to the participation of the employer on the free electricity market according to atex, Ee and pipe.
energy monitoring, forecasting the contractor~s electricity consumption and compiling hourly consumption schedules. notification of the hourly schedules in mms of eso as well as carrying out all necessary activities related to the participation of the assignor on the free electricity market in accordance with the water, ea and ews.