Units: | - |
Mode: | Input Only |
Multi-band: | False |
Default Value: | 0 |
Validation Rule: | <0 |
Key Property: | No |
Description: | Demand bid slope for modeling elasticity. Must be entered to auto-generate steps. |
Gas Demand Bid Slope is Demand bid slope for modeling elasticity. Must be entered to auto-generate steps along the demand step function. Along with Bid Quantity and Bid Price, the demand step function is generated using the point slope formula:
y-p = m(x-q)
where m is the Bid Slope and p and q are the Bid Price and Quantity.