Market Demand

Units: ~
Mode: Input Only
Multi-band: True
Default Value: 0
Validation Rule: Any Value
Key Property: No
Description: Fixed demand (exact amount of sales to the Market)
Detail:

Market Demand defines a fixed 'demand' or exact amount of sales required in the Market. Shortages are priced at the Shortage Price while surpluses are priced at the Surplus Price.

Table 1: Demand Example
Market Property Value Data File Units Band Action Expression
Residential Demand 0 Water Demand - 1 × Water Demand Scalar
Residential Shortage Price 10000
$ 1 =
Residential Max Sales 1000
- 1 =


For the example in Table 1 the profile of demand values  is read from an external Data File and scaled by a Variable. The Market must be supplied with the demand specified or incur a Shortage Cost of $10,000 per unit.

See also: