Answer:
Remittance advice
Explanation:
The portion of an invoice that is returned with payment is called remittance advice. It is a letter sent by a client to a provider to inform that their receipt has been paid. When a customer pays the amount by check, usually the remittance advice accompanies the check. The remittance advice includes critical information, such as names, payment amount data and invoice number.
The selection of battery sizing that results in the best financial performances must be supported by revenue estimation for combined renewable energy and energy storage systems.
Mixed-integer linear programming is a common strategy for maximizing the profits of a hybrid hydro and energy storage system (MILP). While MILP models are frequently quite computationally expensive, they can offer precise production cost estimates. We suggest a novel method for forecasting the optimal revenues of an integrated energy generating and storage system in order to offer hydropower plant owners or operators with quick yet accurate first-step information when they consider integrating energy storage systems.
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Answer:
12 years
Explanation:
The chilled water system lasts for in line with the building. To calculate break even useful life of chilled water we assume no salvage value. The company uses MARR of 6% . The conventional system costs $52,000 and annual operating cost is $15,000. We can calculated the useful life by adding the system cost and its operating cost with multiplying minimum acceptable rate of return.
$52,000 * A/P (6%, 10) + $15,000 = 12 years.
Answer:
An elastic demand curve will result in higher social surplus. Social surplus equals consumer surplus plus supplier surplus, or simply total surplus. The highest possible social surplus is reached at the equilibrium point.
If a product's demand is completely inelastic, the supplier can increase the price at will, reducing consumer surplus to minimum levels. If a product's demand is completely elastic, then consumer surplus increases while supplier surplus is directly related to shifts in the demand. Higher demand increases supplier surplus.
